Enel Green Power (EGP) Brochure

To watch the Enel Green Power institutional video,frame the QR code using your mobile phoneor the webcam on your PC.If you do not have suitable software installedyou can download it free from internetor watch the video by accessing this addresswww.enelgreenpower.com/video_en Our commitment is for sustainable development and protecting the environment2 332Enel, the face of energyEnel, one of the largest utilities in the world, is the biggest electricity company in Italy, Spain and Slovakia and the main private operator in Latin America.The Group works in the entire energy value chain, from fuel procurement to production, distribution and sales to end customers.It boasts an installed capacity over 97,000 MW with a well-balanced product mix that includes renewable energy sources, fossil fuels and nuclear power. It also boasts 1.8 million km of power lines and distributes electricity to almost 61 million customers in 40 countries on 4 continents.401)CountriesMW97,336Total net installed capacityMW34,993Total net renewable installed capacityTWh/year434.1Energy distribution to end customersPeople75,360Human resourcesMillion60.9CustomersMillion1.4ShareholdersBillion euro17.7 3)EBITDAKm1,826,800Power line extensionFigures as of 31.12.2011Sources: Enel reports4ContinentsTWh/year291.2Total productionBillion euro27.22)Investments4 54Enel Green PowerEnel Green Power was founded in December 2008. It is the Enel Group company dedicated to developing and managing energy generation from renewable sources on an international scale, with operations in Europe and the Americas.5We contribute through our commitment to sustainable development. We believe that renewable sources are an important tool in promoting the competitiveness of the production system in various countries and also ensuring reliable procurement of energy sources: “It is the world leader for renewable generation with an annual output of 22.5 TWh, meeting the consumption requirements of about 8 million families and avoiding the emission of 16 million tonnes of carbon dioxide every year, with a total installed capacity of more than 7,000 MW. There are more than 650 plants in operation or under construction in 16 countries and the generation mix includes the main renewable sources: wind, solar, hydroelectric, geothermal and biomass.Enel Green Power aims to grow by expanding installed capacity and optimising its technology mix in every country, with an approach based upon valorising specific geographical features and leveraging Enel’s know-how in the sector.widespread generation of electricity from water, sun, wind and underground heat ensures greater energy autonomy for countries and at the same time helps safeguard the environment.“6 76The current energy scenario is characterised by strong growth in energy consumption and close attention to topics associated with climate change. Electricity generation on a global scale is expected to increase by 80% between 2009 and 2035 and greenhouse gas emissions - considered to be the main culprit in climate change - by more than 26%. This backdrop consequently implies the need for a mix of energy sources that on the one hand, helps reduce environmental impact and on the other, ensures reliable procurement as a primary objective alongside that of reducing electricity generating costs.Renewable sources - worldwide installed capacity (GW)Source: World Energy Outlook 2011 Worldwide installed capacity of renewable energy will increase exponentially over the next 20 yearsThe value of renewable sources worldwideIn a complex scenario characterised by major dependence on fossil fuels, renewable energy is a sustainable long-term response as regards significantly reducing greenhouse gas emissions, developing local and decentralised energy sources, supporting high-tech industries and reducing reliance on imported energy sources.The role that these sources may play for a sustainable and competitive future has been understood and shared by institutions at European and international level, with investment programmes and incentives for development.The global market envisages important growth rates, especially for wind and solar photovoltaic; more generally, it is expected that the entire renewables sector will grow at a sustained rate that will increase installed capacity from 1,253 GW in 2009 to more than 3,600 GW in 2035*. *Source: World Energy Outlook 2011, New Policy Scenario2009 2015 2020 2025 2030 20351.2531,7582,2072,6653,1313,6138 9982,540Hydroelectric769GeothermalInstalled capacity per source (MW)3,541Wind power101Solar128Biomasses and Co-generation Enel Green Power technologies 7,079 MWfrom wind, sun, water and underground heat10 1111Wind power Enel Green Power plays a substantial role in the expansion of wind power on an international scale. In Italy, total installed capacity amounts to 623 MW; abroad, the company enjoys a significant presence and strong growth with 2,289 MW from wind power in Spain, Portugal, Greece, France, Bulgaria and Rumania, 605 MW in the USA and Canada and 24 MW in Latin America.Considerable attention is devoted to technological innovation, not least through studies into the reduction of possible impact on the landscape.In particular, in 2011 the company implemented a prototype mini-wind power blade designed by the architect Renzo Piano.Wind - worldwide installed capacity (GW)Source: World Energy Outlook 2011 This is a new approach to the concept of wind power generation which is more sensitive to low-altitude winds common throughout the area; it is based on research into innovative materials and new technological solutions. With a capacity of 55 kW, it ensures continuous generation of electricity since it is also capable of exploiting light breezes in the order of 2 metres/sec. The objective is also to ensure “natural” integration into the surrounding area thanks to reduced environmental impact. A twin-blade solution was consequently preferred to reduce visibility by one-third and to ensure, when there is absolutely no wind, a streamlined vertical profile of the tower and vertically-aligned blades. Mass production for the Italian market will be developed at the end of the test stage. As regards distribution, the innovative generator will be used internationally for Enel Green Power plants and will also be sold in Italy through the Enel Green Power Retail franchising network. The mini-wind power blade designed by Renzo Piano is also intended for use in micro-generation in other countries such as the United States, where mini-wind power boasts a long tradition, as well as France, Spain and Greece.*Source: World Energy Outlook 2011, New Policy ScenarioWind power has seen exceptional development in recent years and has an expected average annual growth rate through to 2035 of about 8%*.2009 2015 2020 2025 2030 20351593975827529211,10212 13Solar energySolar - worldwide installed capacity (GW)Source: World Energy Outlook 2011Enel Green Power’s total installed solar energy capacity amounts to 101 MW and is distributed across Italy, North America and the Iberian Peninsula. Enel Green Power has inherited a great tradition from Enel in this segment via the Enel Green Power Point franchising network through its subsidiary Enel.si and seeks to play a leading role on the global market by contributing to its growth and the development of related know-how.In this context the company believes it is important to establish technological partnerships and develop innovative business models such as franchising that have brought about a significant development of distributed generation regarding retail and commercial markets alike in Italy, relying on a capillary network of franchisees with 763 outlets throughout the country.Solar energy is the most widespread source available anywhere in quantities that faroutstrip energy needs.PV solar energy, according to WEO estimates, will experience strong growth in the near future from 22 GW in 2009 to about 500 GW in 2035*.Enel Green Power also pays very close attention to technological innovation and research into solar thermodynamic energy. The Archimede project was implemented at Priolo Gargallo, in Sicily - a 5 MW solar plant comprising fifty 100 - metre collectors.*Source: World Energy Outlook 2011, New Policy Scenario20092220151122020 2025 2030184272385203549914 15As regards latest-generation photovoltaics, the 3Sun factory is now operational in Sicily producing innovative PV panels as a three-way joint venture between Enel Green Power, Sharp and STMicroelectronics.  Hydroelectric energy The average annual growth rate through to 2035 is estimated at about 2%* - a share that is particularly impressive when the already very broad installed base is taken into account. Enel Green Power - on the strength of the long tradition in which Enel’s first power stations date back to the early 1900s - manages 288 mini-hydro plants with an installed capacity of 1,511 MW in Italy and 1,029 MW distributed across Spain, Hydroelectricity is the oldest and most widespread renewable source. It covers a significant share of world electricity generation: More than 16% but with much higher peaks in certain geographical areas.In the initial stage the factory employs 280 qualified staff and has a PV panel production capacity totalling 160 MW/year, which will be increased over the next few years to 480 MW/year. This is the largest photovoltaic panel production complex in Italy and one of the largest in Europe. It produces thin-film PV panels meeting demand in solar energy markets in Europe, the Middle East and Africa (EMEA). In this regard, Enel Green Power and Sharp have set up a second joint venture, ESSE (Enel Green Power & Sharp Solar Energy) to develop, build and manage PV plants totalling more than 500 MW in the EMEA area by 2016, using the panels manufactured in this factory. Enel Green Power Retail will also be involved in sales through its franchising network all over Italy.Greece, the United States, Mexico, Guatemala, Costa Rica, Panama, Chile and Brazil. Enel Green Power’s objective is to expand its presence in countries where this resource is plentiful by selecting innovative projects.*Source: World Energy Outlook 2011,New Policy Scenario2009Hydroelectric - worldwide installed capacity (GW)Source: World Energy Outlook 20111,00720151,1522020 2025 20301,2971,4391,54820351,62916 1716Geothermal energyMoreover there is excellent scope for further growth, since it has not yet been exploited to the full. At the end of 2009 installed capacity worldwide totalled about 11 GW and is expected to reach 41 GW by 2035 thanks to an average annual growth rate of more than 5%*.Enel Green Power is among the world’s leaders in this technology with an installed capacity of 769 MW and can rely on decades of expertise serving the needs of an important development plan implemented on an international scale. In particular, Enel Green Power is the only operator in the world capable of covering the entire cycle from exploration through to construction and exploitation of plants.Italy was the first country where underground heat was used on an industrial scale - the first such plant in the world was installed in 1913 at Larderello (Tuscany) - and is still one of the main producers of geothermal electricity, with output totalling more than 5 TWh/year.In addition to Italy itself, Enel Green Power works in this sector with plants in operation (in Italy and the United States) and plants being constructed and in exploratory stages (Chile). Geothermal energy is a response to the necessity to safeguard the environment and ensure sustainable development: This source “works” in a constant and predictable manner and does not cause CO2 emissions.Long-term experience in this sector also supports leadership in terms of innovation: as well as direct steam or flash technologies, Enel Green Power also conducts research into low-enthalpy techniques ensuring optimal exploitation of geothermal resources which would otherwise be uneconomical. An example is the binary cycle, which makes thermal sources usable also at lower temperatures; this technique was applied by Enel Green Power to build the Stillwater and Salt Wells plants in Nevada (USA).*Source: World Energy Outlook 2011, New Policy Scenario2009112015152020 2025 2030202733203541Geothermal - worldwide installed capacity (GW)Source: World Energy Outlook 201118 19Canadawind 27 MWbiomass 21 MWTOTAL 48 MWUSAwind 578 MWhydroelectric 313 MWgeothermal 47 MWsolar 24 MWTOTAL 962 MWMexicohydroelectric 53 MWEl Salvadorgeothermal 161 MW*Guatemalahydroelectric 76 MWPanamahydroelectric 300 MWCosta Ricawind 24 MWhydroelectric 31 MWTOTAL 55 MWBrazilhydroelectric 93 MWChilehydroelectric 92 MWItalywind 623 MWhydroelectric 1,511 MWgeothermal 722 MWsolar 59 MWTOTAL 2,915 MWFrancewind 166 MWIberian Peninsulawind 1,640 MWco-generation+ biomass 107 MWhydroelectric 57 MWsolar 13 MWTOTAL 1,817 MWGreecewind 172 MWhydroelectric 14 MWsolar 5 MWTOTAL 191 MWRomaniawind 269 MWBulgariawind 42 MWFigures as of 31.12.2011Data source: Enel* Non consolidated partnership with La Geo.Installed capacityup to 100 MW from 100 to 500 MW from 500 to 1,000 MW more than 1,000 MWEnel Green Power in the world20 21ItalyEnel Green Power is the leader in three of the five technologies - geothermal, hydroelectric and solar - with installed capacity in Italy of 2,915 MW - and aims to increase its total installed capacity over the next few years, thereby consolidating its leadership and developing its presence with particular reference to the wind and solar power sectors. Enel’s impressive tradition in hydroelectricity technologies all over Italy, for a total installed capacity of 1,511 MW, is also something that must be underlined. While ensuring minimal impact on the surrounding area, this kind of plant can also be managed by small communities and allows a wide range of uses in accordance with available water resources.In addition, Enel Green Power has 34 geothermal plants in Tuscany totalling 722 MW and ensuring an annual output of more than 5 TWh. Developed and perfected in the Larderello area, geothermal power technology made in Italy is applied by Enel Green Power all over the world.Wind power is the source that has witnessed the highest rates of growth in Italy over the last decade and Enel Green Power is involved in a very significant way. Starting with the first Italian wind Wind powerGeothermalHydroelectricSolarMW2,915Italy installed capacity farm inaugurated by Enel at Alta Nurra in Sardinia in 1984, the company currently manages 35 wind farms for a total output of 623 MW. Enel Green Power also intends to ensure a major drive for the development of the solar energy sector through the expansion of its installed base and the consolidation of strategic partnerships with the global leaders in sector technology, such as Sharp and STMicroelectronics.In the solar sector Enel Green Power can also rely on the significant skills acquired in Italy through the Enel Green Power Point franchising model of its subsidiary Enel.si, which offers the retail market a range of avant-garde products and services to generate, consume and manage energy in an efficient manner.1,511 MW(52%)623 MW(21%)722 MW (25%)59 MW (2%)22 23The Enel Green Power Point network comprises 763 points of sale specialising in the renewable energy sector capable of providing clients with all necessary support for implementing a basic plant using these sources, especially photovoltaic, through a service which includes feasibility assessment, the presentation of the request to the Power Services Board, and the design and implementation of the plant itself. This franchising set-up covering the whole of Italy has installed more than 290 MW of photovoltaic plants for industrial, tertiary and domestic clients. These plants will ensure total generation of more than 350 million kWh/year of solar-sourced electricity. The Enel Green Power Point network is also being developed in other countries, starting in the south of France - an area of considerable strategic interest in view of its The “Enel Green Power Point” offerProducing energyHardware and software systems for controlling the energy produced and consumed and also for remote management:• monitoring and control devices;• domotic systems.Consuming energy correctlyManaging energyPlants and solutions for producing your own power from renewable sources:• solar photovoltaic;• solar thermal;• mini wind power:• geothermal.Innovative products and systems for consuming energy correctly:• heat pumps;• high-efficiency boilers;• low-consumption air-conditioning;• efficient lighting;• high-efficiency devices and products;• electrical mobility (electric scooters; assisted pedalling electric bicycles).favourable climatic conditions for the development of self-production technologies.Retail proposals are applied to all types of client, through “standard” solutions that may be adapted and satisfy large domestic consumer catchment areas or through customised solutions capable of meeting the special requirements of specific clientele segments.Enel Green Power outlets200630720073562008 20093805662010577201176324 252524EuropeIn 2010, Europe was the most important geographical area in the world in terms of wind and solar power generation and second only to Asia concerning overall production of clean energy.In 2010, renewable energy provided about one quarter of total electricity generation in Europe*.Enel Green Power operates in Spain, Portugal, Greece, France, Rumania and Bulgaria with 2,485 MW installed and other projects currently being implemented. Wind powerHydroelectricbiomasses and Co-generationSolarMW2,485Europe installed capacity (excluded Italy)GreeceEnel Green Power operates in Greece through headquarters in Athens and is the third-largest producer of energy from renewable sources, with installed capacity of 191 MW and wind farms, mini-hydro and solar plants distributed throughout the country.*Source: Enerdata database, 2012 april2,289 MW(92%)71 MW (3%)18 MW (1%)107 MW (4%)26 27Iberian PeninsulaEnel Green Power operates on the Iberian Peninsula with a total installed capacity of 1,817 MW in Spain and Portugal, the result of integrating Enel and Endesa’s operations in the renewables sector.Enel Green Power boasts significant involvement in the wind power sector and manages 92 plants for a total installed capacity of 1,640 MW.The company also operates in the mini-hydro field with 57 MW generated by 9 plants, as well as co-generation with 84 MW and more than 17 plants. Rumania and BulgariaEnel Green Power began operations in Rumania in 2007 and has its head office in Bucharest. Total wind power capacity amounts to 269 MW, plus wind power plants in Bulgaria totalling 42 MW.FranceIn France, Enel Green Power is based in Lyons and currently operates wind power installations for an installed capacity of 166 MW.Enel Green Power Point operates in the south of the country and is set to become the landmark for the sale and installation of high-efficiency energy products and solutions, especially photovoltaic plants installed on roofs.The company’s strategic approach is to expand its involvement in onshore wind power significantly, whilst also continuing to evaluate possible investments in photovoltaic systems.The balanced generation mix in the Iberian Peninsula is completed by the biomass plants totalling 23 MW and solar plants amounting to 13 MW.Enel Green Power is the sector leader in terms of installed capacity and production in Spain and Portugal: In Portugal in particular, total installed capacity is 191 MW from wind power and co-generation plants.28 292928North AmericaEnel Green Power operates in the United States and Canada through Enel Green Power North America, with headquarters in Andover, Boston MA. The company develops and manages wind, geothermal, hydroelectric and biomass plants.The first acquisition took place in 2000 and Enel Green Power North America currently generates more than 2.9 TWh of electricity/year. Wind powerGeothermalHydroelectricBiomassesMW1,010Installed capacity - North America With more than 70 plants for an installed capacity of 1,010 MW it operates in many American States and in Canada, being one of the few utility companies with a portfolio of plants diversified across four technologies.Enel Green Power’s goal is to grow by selecting the most significant projects in technological and financial terms in states characterised by high consumption and major resources, particularly in the geothermal, wind and solar sectors.Thanks to its focus on technological innovation, Enel Green Power North America has completed the only hybrid plant in the world capable of combining the continuous generation capacity of binary cycle, medium enthalpy geothermal systems with the peak capacity of solar power, in Churchill County, Nevada,.The photovoltaic capacity connected to the innovative Stillwater plant network in Churchill County, Nevada, comes to 24 MW - in addition to 33 MW of geothermal energy located on the same site. The solar plant will produce 43 million kWh/year, thereby avoiding emissions of carbon dioxide into the atmosphere of about 30,000 tonnes/year; the combination of the two generation technologies from renewable sources on the same site increases zero emission energy production that comes to more than 200 million kWh/year in this instance, avoiding carbon dioxide emissions of 140,000 tonnes every year and the same infrastructures are used, such as the inter-connection electricity lines, thereby reducing environmental impact even further. Smoky Hills in Kansas, is home to Enel Green Power’s largest wind farm in the world, with output of 250 MW; it is capable of generating sufficient energy to meet the consumption needs of 85,000 US families at the same time as avoiding emissions into the atmosphere of about 750,000 tonnes/year of CO2.Solar313 MW (31%)47 MW (5%)21 MW (2%)605 MW (60%)24 MW (2%)30 31Latin AmericaEnel Green Power operates in Central and South America through Enel Latin America, with headquarters in Santiago, Chile; it develops and manages 34 plants in Mexico, Costa Rica, Guatemala, Panama, Chile and Brazil. Thanks to its diversified technologies, the company has achieved an important role in the region with 669 MW of renewable capacity and minority holdings totalling a further 161 MW. Hydroelectric energy is currently the principle investment sector for Enel Green Power, with 32 plants in 6 countries for a total of 645 MW. In particular, Enel Green Power Latin America operates a 300 MW hydroelectric plant in Panama - the second-largest civil infrastructure after the Canal - generating 25% of the country’s energy.The run-of-the-river hydroelectric plant has been completed at Palo Viejo, Guatemala, with a capacity of 85 MW and which became operational in 2012. Enel Green Power also operates wind farms totalling 24 MW of installed capacity in Movasa, Costa Rica, and has recently acquired a further 90 MW in Brazil after winning a public tender.Thanks to century-long experience in the field of geothermal energy in Italy, Enel Green Power is exploring and developing new opportunities in this sector. In Chile in particular, the company was recently awarded three licences for geothermal exploration, confirming its status as market leader in the development of geothermal energy in the country. Geotermica del Norte (GDN), a subsidiary of Enel Green Power, has begun construction work on the first geothermal plant in South America: The plant at Cerro Pabellón, in the Antofagasta region, will produce 40 MW. Wind powerHydroelectricMW669Installed capacity - Latin America New markets Enel Green Power’s business plan for 2012-2016 includesthe development of operations embracing all renewable technologies in Turkey, Morocco, South Africa, Peru and Columbia645 MW (96%)24 MW (4%)Concept design Inarea Design and layout Aleteia CommunicationPhotos Enel ArchivePrintingPrimaprint - Viterbo3,000 copies printedPrinted in June 2012Publication not for saleEdited byExternal Relations Department© Enel SpA00198 Rome - Italy, Viale Regina Margherita,137Notes from page 31) Includes all the countries where at least one MW is present or where sales activity is performed.It also includes all the countries where the Group has trade relations or projects underway or representation offices.2) Total investments in the 2012-2016 plan period, of which 10.3 billion euro in development.Total investments do not include connection contributions.3) Enel Group consolidated EBITDA as of 31.12.2011To watch the Enel Green Power institutional video,frame the QR code using your mobile phoneor the webcam on your PC.If you do not have suitable software installedyou can download it free from internetor watch the video by accessing this addresswww.enelgreenpower.com/video_en