Edison

EDISON: AN OVERVIEW

Edison is one of Italy’s top energy companies, with operations in the procurement, production and sale of electric power and natural gas. In the last years, Edison has achieved one of Europe’s most ambitious investment plans in electric energy generation. By developing new gas infrastructures of European relevance and innovative customer services, Edison aims to consolidate its role of leading operator in the energy sector.

Edison has an electric energy share of nearly 16,4% of the Italian production market. Thanks to 7.000 MW of new highly efficient and low emission plants, the Company has now a total installed capacity of more than 12.000 MW. In the hydrocarbons business, Edison has an integrated presence in natural gas chain, from production to importation, distribution and selling, with a market share Edison’s available supply/Total Italian market at 16.2%. 

The 2009-2014 Business Plan, approved by the Board of Directors on December 5th, 2008, provides investments of 7.2 billion euros (the amount includes the 50% of Edipower SpA), equally divided between the Electric Power Operations and the Hydrocarbons Operations. As far as concerns economic and financial aspects, Edison confirms the objectives of the previous Plan. At Plan’s end, the net financial position is expected to be in line with its current level. Maintain about 15% the Group’s share of the Italian generation market by achieving a better balance of upstream and downstream and complete the infrastructural projects for natural gas to achieve full energy independence and gas impost share above 15%.

In 2009 will go live the LNG terminal in Rovigo which contributes to the safety of the national energy system and the diversification of the country’s supply sources. The terminal has a regasification capacity of 8 billion cubic meters of natural gas a year, equal to 10% of Italy’s demand for natural gas. In 2012 there will be the start up of Galsi and ITGI pipelines, which will connect Italy to Algeria and Caspian Sea, two areas rich in hydrocarbons.

Recently, Edison also entered the Italian residential market thus enabling to diversify the Company’s customer base and to stabilize the profitability over the intermediate term.

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12.1 GW installed generating capacity
27 Thermoelectric Power Plants
68 Hydroelectric Power Plants
28 Wind Farms
35.5 bcme Hydrocarbons Reserves

ATTACHED DOCUMENT
Company profile - fact sheet	197KB
Company profile 2009	1,76MB