Edison operates in the procurement, production and distribution
of electric power and hydrocarbons (natural gas and crude oil)
With 22.5 billion kWh produced in 2012 and a share of about 7.9% of total national production, Edison is one of Italy’s most important electric utilities. Edison’s portfolio of production facilities, with an aggregate capacity of more than 7,7 GW, includes some of Italy’s most modern power plants, with about 6 GW represented by combined-cycle, cogenerating systems fired with natural gas (CCGT), the most efficient technology available today. Edison also has an important presence in power generation from renewable sources, mainly with hydroelectric and wind power facilities.
In May 2012 Edison has sold its 50% stake of Edipower for the amount of 684 mln euro; besides this, Edison also received 554 mln euro as proportional reimbursement from Edipower of the stockholders' loan.
In recent years, Edison rapidly increased its available supply
of natural gas, which grew from about 3.5 billion cubic meters in
2000 to more than 15.8 billion cubic meters in 2012, reaching
a market share of 21.3%.
The Company owns hydrocarbon reserves, located mainly in Italy and Egypt, for a total amount of 50.0 billion cubic meters.
In 2012, in addition to the gas it produced in Italy (0.6
billion cubic meters), Edison produced and marketed 1.7 billion
cubic meters of natural gas outside Italy. Crude oil production
totaled 3.5 million barrels (including 1.8 million barrels in
Edison is also active in the gas storage business: its three storage centers have a working gas capacity of 0.6 billion cubic meters.