COMPANY

Power Generation

Eni’s power generation sites are located in Ferrera Erbognone, Ravenna, Livorno, Taranto, Mantova, Brindisi and Ferrara. In 2009, power generation was 24.09 TWh, up 0.76 TWh or 3.3% from 2008, due mainly to higher production at the Ferrara plant (Eni’s interest 51%), in connection with the coming on line of two new 390 megawatt combined cycle units.

At December 31, 2009, installed capacity was 5.3 GW (4.9 GW in 2008). Power availability in 2009 was supported by the growth in electricity trading activity (up 3.27 TWh from 2008 or 49.5%) as a consequence of higher volumes traded on the Italian power exchange benefiting from lower purchase prices. By 2013 Eni intends to complete its plan for expanding its power generation capacity, targeting an installed capacity of 5.4 GW1. The development plan is underway at Taranto (Eni 100%) and Ferrara (Eni 51%), as well as at the recently acquired Bolgiano plant (Eni 100%).

enipower plants and sites in Italy
SALES
ELECTRICITY SALES

Enipower plants and sites Italy

The combined cycle gas fired technology (CCGT), ensures a high level of efficiency and low environmental impact. In particular, management estimates that for a given amount of energy (electricity and steam) produced, using the CCGT technology instead of conventional power generation technology, the emission of carbon dioxide reduces of about 5 mmtonnes, on an energy production of 26.5 TWh.
(2) Capacity available after completion of dismantling of obsolete plants.

In 2009 electricity sales (33.96 TWh) were directed to the free market (73%), the Italian power exchange (14%), industrial sites (9%) and others (4%).
Notwithstanding weaker domestic demand, Eni’s sales (up 4.03 TWh, or 13.5%) were driven by:

higher sales on open markets, in particular the retail market, with an increased number of clients served following intensive marketing campaigns, and to wholesalers due to the start of VPP (Virtual Power Plant) supply agreements signed at the end of 2008. Sales to large clients, on the other hand declined due to a reduction in the customer base and the impact of the economic downturn;
higher volumes traded on the Italian power exchange (up 0.88 TWh, or 23%).

Availability of electricity	(TWh)	2007	2008	2009	Change	% Ch.
Power generation		25.49	23.33	24.09	0.76	3.3
Trading of electricity (a)		7.70	6.60	9.87	3.27	49.5
		33.19	29.93	33.96	4.03	13.5
Free market		20.73	22.89	24.74	1.85	8.1
Italian power exchange		8.66	3.82	4.70	0.88	23.0
Industrial plants		2.81	2.71	2.92	0.21	7.7
Other (a)		0.99	0.51	1.60	1.09	..
Electricity sales		33.19	29.93	33.96	4.03	13.5