m3 per year: 2 billion m3 will be delivered via the Transmed-TTPC pipeline and the other 2 will be imported using the new Galsi pipeline that will link Algeria with Italy through Sardinia. Edison is the main shareholder of the pipeline company.
More detailed information about the LNG Adriatic Terminal, the Galsi gas pipeline that will link Algeria with Italy passing through Sardinia and the IGI project (pipeline connection between Greece and Italy) to import natural gas through the Turkish and Greek networks is available online at www.edison.it
Production
Electric Power – Sources (GWh)(1)
    2006 2005 % change
Net production      
Edison Group 51,923 44,689 16.2
Thermoelectric power plants 35,990 30,205 19.2
Hydroelectric power plants 3,050 2,757 10.6
Wind farms 458 407 12.4
Edipower 12,425 11,320 9.8
Imports 1,471 1,580 (6.9)
Other domestic purchases      
and swaps(2) 12,006 6,424 86.9
Total sources 65,400 52,693 24.1
(1) One GWh is equal to one million kWh.      
(2) Net of line losses and tolls.      
Natural Gas – Sources (millions of m3)
  2006 2005 % change
Total net production 1,068 1,248 (14.4)
Production in Italy 712 902 (21.1)
Production outside Italy 356 346 3
Pipeline imports 7,705 6,601 16.7
LNG imports 62 80 (22.5)
Domestic and other purchases(1) 4,804 5,714 (15.9)
Total sources 13.639 13,643 -
(1) Includes inventory changes and pipeline leaks.    
Capital Investments (in millions of euros)(1)
  2006 2005 % change
Capital expenditures 480 584 (19.7)
a) Electric power operations 347 511 (32)
pro rata share of Edipower’s total 84 93 (9.6)
b) Hydrocarbons operations 133 73 82
Investments in exploration 41 22 86.4
In Italy 17 20 (15)
Abroad 24 2 110
  • These amounts refer to Edison’s core businesses. They have been restated to reflect the adoption of IFRIC 4.
    		•   
    A LONG TRADITION OF SUSTAINABILITY
    1881 Giuseppe Colombo founds the Committee to
      Promote the Use of Electric Power in Italy in Milan.
      The Committee will become Società Generale
      Italiana di Elettricità Sistema Edison in 1884.
    1883 Santa Radegonda, Europe’s first power plant
      capable of distributing a continuous supply of
      electric power begins to operate in Milan .
    1887 A contract is signed with the city of Milan to provide
      public lighting.
    1898 The Bertini power plant in Paderno d’Adda is
      commissioned. The plant was the most powerful in
      Europe and second in the world only to T. Edison’s
      Niagara power plant.
    1931 Edison begins to supply natural gas to homes in
      Milan.
    1953 To provide service to its electric power and natural
      gas customers, Edison establishes the 8830
      telephone service.
    1963 Italian electric utilities are nationalized.
    1966 The merger with Montecatini creates Montedison.
    1990 A new National Energy Plan allows private-sector
      companies to build new power plants, provided they
      use ecocompatible technologies.
    1992 Between 1992 and 1998, Edison introduces to Italy
      the combined-cycle technology for power plants
      fueled with natural gas. It is the most efficient power
      generation technology available and has the lowest
      environmental impact.
    1993 The Edison Research Center opens in Trofarello
      (TO).
    1994 Edison publishes its first Environmental Report.
    1996 Edison commissions its first wind farm. The farm is
      located in Casone Romano, in the municipality of
      Castelnuovo della Daunia, province of Foggia.
    1997 Edison’s Bussi power plant is the first facility in Italy
      to receive environmental certification in accordance
      with the UNI EN ISO 14001 standard.
    1997 The CET 3 power plant in Taranto, which was
      commissioned in the summer of 1997, is the first
      facility in the world to use, on an industrial scale, a
      combined-cycle system fueled with recycled gas
      taken from the neighboring steel mill complex.
    1999 Sarmato is the first thermoelectric power plant in
      Italy to receive EMAS registration.
    2002 Edison Energie Speciali (wind power generation) is
      the first organization in Italy to receive multi-site
      EMAS registration.
    2003 The Code of Ethics is approved.
    2004 Edison publishes the first edition of its Sustainability
      Report and approves the 231 Organizational Model.
    2005 Edison joins the Global Compact.
    2006 The Antitrust Code is approved.
      By the end of the year, the percentage of Group
      facilities that is covered by certified environmental
      and safety management systems reaches 98% for
      the electric power operations and 50% for the
      hydrocarbons operations.
    Shareholder Base
    The table below lists the shareholders who hold, directly or indirectly (including third parties, nominees and subsidiaries), an interest greater than 2% of the voting stock.
    The Company is controlled by TdE, which, pursuant to the definition provided in Article 93 of Legislative Decree No.
    58/1998, is not controlled by any individual or legal entity. For the sake of full disclosure, it should be noted that TdE is
    owned in equal shares by two partners: WRGM Holding 4, a wholly owned subsidiary of EDF, and Delmi Spa, a 51% subsidiary of AEM. Delmi’s other shareholders are: Enìa Spa (15%), Società Elettrica Altoatesina-SEL Spa (10%), Dolomiti Energia Spa (10%), Mediobanca Spa (6%), Fondazione Cassa di Risparmio di Torino (5%), and Banca Popolare di Milano S.c.ar.l. (3%). None of these parties exercises oversight or control over Edison.
    Shareholder Number of Percentage of Percentage of
      common shares held voting shares share capital
    Transalpina di Energia 2,965,041,428 63.327 61.866
    EDF 721,505,448 15.410 15.054
    breakdown:      
    held directly 13,556,470 0.290 0.283
    held indirectly 707,948,978 15.120 14.771
    Tassara Group 519,415,667 11.094 10.838
    breakdown:      
    held directly 4,100,000 0.088 0.086
    held indirectly 515,315,677 11.006 10.752
    At 2/16/07      
    Simplified Structure of the Group at December 31, 2006