Respect for the environment, dialog with local communities, concern for safety, delivery of high quality services, and transparency and ethics in dealings with stakeholders: these are the foundations on which Edison builds its business. Edison is Italy’s second largest electric power and natural gas operator. Just two years after entering the residential electric power and gas market, Edison reached the milestone of one million retail customers.
With a net production of electric power in Italy that totaled 41.8 GWh in 2010, Edison confirmed its position in the domestic market, accounting for 14.6% of the entire national production.
What makes Edison unique is the development of a well balanced portfolio of highly efficient power plants that enables it to generate energy with an optimum mix, ranging from gas fired, combined cycle facilities to hydroelectric power plants, wind farms and other renewables. With more than 2,160 MW in installed capacity, renewables account for 17% of Edison’s total capacity. The Group’s production from renewable sources is provided by a portfolio of 72 hydroelectric power plants (1,741 MW), 31 wind farms (410 MW), 2 photovoltaic systems and 1 biomass facility.
In 2010, the Group commissioned the Mistretta wind farm in Sicily (30 MW) and, in May, completed the acquisition of the San Francesco wind farm in the municipality of Melissa (KR).
In the hydrocarbon area, Edison has an integrated presence, ranging from exploration to production, importation, distribution and sales of natural gas and oil.
As part of Edison’s commitment to improve Italy’s energy mix and achieve greater independence from individual hydrocarbon producing countries, the Adriatic LNG’s Rovigo regasification terminal was commissioned in 2009. It will make it possible to import 8 billion cubic meters of natural gas a year (6.4 billion cubic meters reserved for Edison).
In addition, Edison is developing strategic supply infrastructures for Italy and Europe, such as the ITGI and GALSI pipelines to import natural gas from the Caspian Sea basin and Algeria.
Also in the international arena, Edison is working to further strengthen its presence in the hydrocarbon sector through the development of the Abu Qir field in Egypt and the discovery of new reserves in the North Sea.
In the electric power area, Edison is present in Greece with ElpEdison, the second largest operator in that country’s electric power industry, and is seeking additional growth opportunities in southeast Europe, Turkey and the Mediterranean Basin.
|ELECTRIC POWER – SOURCES (GWh)*
|Net production Edison Group||50,151||41,601||41,824||0.5%|
|Thermoelectric power plants||44,606||35,646||35,361||-0.8%|
|Hydroelectric power plants||5,021||5,398||5,734||6.2%|
|Wind farms and other renewables||524||561||730||30.7%|
|Other domestic purchases and swaps**||15,040||18,771||29,820||58.9%|
|Production outside Italy||-||236||943||299.6%|
|NATURAL GAS – SOURCES (millions of m3)
|Production in Italy||662||604||509||-15.7%|
|Domestic purchases and other items*||5,281||2,246||1,846||-17.8%|
|Total sources in Italy*||13,497||13,210||15,839||19.9%|
|Production outside Italy**||352||1,231||1,458||18.5%|
|OIL – SOURCES (thousands of barrels)|| 2008(1)
|Production in Italy||1,729||1,703||2,331||36.9%|
|Production outside Italy*||0||957||1,159||21.1%|
|Total sources in Italy*||1,729||2,660||3,490||31.2%|