Energy for the future

Contents Edison: new challenges for the future

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E&P Operations E&P Operations in Italy

4 6

E&P Operations in the Mediterranean Basin E&P in Algeria E&P in Croatia E&P in Egypt

8 10 10 11

E&P Operations in the World E&P in Norway E&P in UK and Falkland Islands

12 14 16

Infrastructures and supply Storage and Distribution The Adriatic LNG Terminal

18 20 21

Electric Power Operations Edison: a leading player in electricity market

22

Edison in the world

26

24

Energy for the future

E&P Division

Edison: new challenges for the future Edison is Europe’s oldest power company and one of Italy’s energy market key players. For 130 year Edison has always been active in the energy industry, making a strong contribution to the development of Italy’s industrial structure. Today Edison is controlled by Electricité de France (EDF) a stable and solid Shareholder, committed to its development and growth, both in Italy and abroad. A threefold mission now awaits Edison: consolidating its presence in Italy in order to remain the most credible challenger of former monopolies; developing its power generation business abroad, especially in the Balkans and the Mediterranean area; becoming EDF Group’s center of competences for hydrocarbons related activities. In addition to the Company’s power and gas supply businesses, Edison will play an increasingly important role in the E&P sector.

E&P operations have grown, in the last decades, from being a niche Italian activity to becoming an established international outfit. In the E&P sector, Edison’s task will be to develop the portfolio of assets both in Italy and abroad, widen the geographic imprint of the group and grow reserves and production. Edison will also continue to participate in strategic infrastructural projects in order to contribute to the diversification, the security and the competitiveness of Europe’s supplies. In this mission Edison will be strengthened and complemented by EDF’s ongoing infrastructure development such as the Dunkerque LNG terminal and the South Stream pipeline.

2012 HIGHLIGHTS

361

95

52,800

15.8

21.3%

7.7

51.1

12,014

3,248

MMBoe Hydrocarbons Reserves (2P)

3

Billion m Gas Sales in Italy

TWh Electric Power Sales in Italy

3

Gas Storage in Italy

Permits and Concessions

Edison Gas Sales/ Total Italian Gas Demand

Millions Euros Sales Revenues

2

Pipelines in project

Boe/d Hydrocarbons Daily Production

GW Electric Installed Capacity

Employees

1,500,000 Customers in Italy

3

E&P Operations Edison owns gas and crude oil reserves both in Italy and abroad. E&P activities are managed by Edison’s E&P Division. In Italy Edison is active in the exploration and production of natural gas and crude oil with 58 concessions and permits. Edison holds 37 licenses abroad.

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E&P Operations in Italy Since the early 50s Edison has always played a leading role in the Italian energy sector with discoveries of major importance. The Italian activities are managed by the two districts of Pescara (Adriatic offshore and Northern Italy) and Siracusa (Sicily Channel). In 2012 Edison produced in Italy 612 Msmc of gas and 1.8 MMbbl of oil. The bulk of the gas production came from the two major gas fields of Daria and Clara, both non-operated, whilst the oil production, mostly operated, came from the Vega, offshore Sicily,

and Rospo, in the Adriatic sea, fields. In the past three years (applying the best practices in the industry) major investments have been put in place to replace the two FSO vessels through which the oil is produced comply with the latest environmental regulations. In the coming years Edison will complete in Italy a significant investments plan with a dual focus: optimize and maximize oil production and develop new gas resources.

OIL PROJECTS Adriatic Sea

gas fields: Argo and Cassiopea with the possible inclusion of the Panda field should the regulatory regime allow it. Argo and Cassiopea are located 30 km offshore the Sicilian coast. The development plan consists in the drilling of four new wells to be completed subsea in 600-700meters of water and tied back to a new platform which will host the compression system, to be installed in 45 meters of water and connected through a bridge to an the existing platform. A new sealine will transport gas production from the platform to the Gela terminal. First gas is expected in 2016 with an initial flow rate of 3.5 MMScm/day. Once developed, the project will contribute 10.7 Bscm of gas reserves (100%) to the JV.

Rospo The Rospo Mare offshore field is located in the Adriatic sea, about 20 km off the Abruzzo coast, in 80 meters of water depth. In order to stop the decline of production the field will be partially re-developed with two new infilling wells drilled from an existing platform. The operations will take place in the first half of 2013. The two wells will contribute a cumulated production of 6 MMbbl of oil in the next years. Sicily Channel

Vega Vega field is located in the Sicilian Channel, 20 km south of Pozzallo (RG). In production since 1987, the field is operated by Edison with a 60% working interest (Eni is the partner with 40%). The Vega cluster consists of Vega A, the field currently in production, and the yet to be developed Vega B field. Vega A was developed with 24 wells, a platform located in 130m of water designed to

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process 60.000 barrels of oil per day and a floating storage and offloading tanker (Leonis) with a capacity of 110,000 tons to temporary store production. The crude oil is transported from the Leonis to refineries by tankers shuttles. In 2010 the partners started considering a development concept for Vega B and now detailed studies are ongoing. The plan currently consists in the construction of a new unmanned platform connected to Vega A through a sealine and the drilling of 4 new wells. First oil is expected in 2016 with initial flow rate: 6,500 Bbld. The authorization process is currently ongoing and the final investment decision is expected by the end of 2013. GAS PROJECTS Sicily Channel Argo Cluster In the Sicilian Channel another Eni (Operator), Edison JV will proceed to the development of the Ibleo gas project. The Ibleo project consists in the development of two, already discovered,

Adriatic Sea Fauzia Edison holds a 40% working interest in the ENI operated Fauzia Field. The field is located in the Adriatic Sea, 40 Km offshore Pesaro, in an

intensely developed area with more than 10 platforms at a short distance. The development plan for Fauzia calls for the installation of new unmanned platform, in 70 meters of water, the drilling of 2 wells and the installation of 15 km of sealine connections to existing facilities. First gas is expected in 2014. The project will contribute 1 Bscm of gas reserves (100%) to the JV. Clara NW Edison holds a 49% working interest in the ENI operated Clara NW Field. The field is located in the Adriatic Sea, 48 offshore Ancona. The development plan for Fauzia calls for the installation of new unmanned platform in 77 meters of water, the drilling of 4 wells and the installation of 13 km of sealine connections to existing facilities. First gas is expected by the end of 2014 with an initial rate of 1000 kScm/day. The project will contribute 1.6 Bscm of gas reserves (100%) to the JV.

FAUZIA (in project)

Falconara

Ancona

Milan CLARA NW (in project)

A

D

R

DARIA

FAUZIA

ROSPO B

IC

REGINA

ROSPO C

T

TIRRENIAN SEA

I A

NAIDE ANEMONE

ALBA MARINA

CLARA

ROSPO A

S

CALIPSO

EA

SARAGO MARE SAN MARCO CARASSAI GROTTAMARE

EMMA GIOVANNA

TY

SQUALO SANTO STEFANO MARE

S. Giovanni Teatino

R

ROSPO MARE

R

Rome

H

PORTOCANNONE

E

N

IA

REGGENTE CANDELA

N

S

EA

ACCETTURA

Licata

PANDA

Gela CASSIOPEA ARGO

Siracusa

Pozzallo VEGA-B (in project)

Siracusa COMISO

LEONIS

TRESAURO VEGA-A

HEADQUARTERS LOCAL OFFICE GAS FIELDS OIL FIELDS

SIC

ILIAN CHANNEL 7

E&P Operations in the Mediterranean Basin Edison’s E&P efforts date back to the 50’s and at the time were focused on Italy. At the end of the 80’s, the maturity of the Italian market led Edison to start operations abroad, beginning with countries in the Mediterranean Basin. Within the Mediterranean basin Edison still concentrate nowadays 100% of its producing assets.

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9

E&P in Algeria Edison has been active in Algeria since the late 90’. Through the participation in most bid rounds in the country from 1995 to 2005 Edison developed a wide experience of the exploration themes in various areas of the Algerian south. In 2002 a JV with Edison as a minority shareholder obtained the rights on the Reggane North block, located in the Reggane basin in the SouthWestern sector of the Algerian Sahara desert where the main exploration targets are gas bearing Devonian and Carboniferous sandstones.

Since February 2012 the JV is in the development phase, FEED is currently underway, after shooting 1,700 Km2 of 3D and 2,000 Km of 2D seismic and drilling 15 exploration and appraisal wells. The development plan foresees a gas production plateau of 100 Bcf/year for

12 years starting in 2016/7. A total of more than 1.7 Tcf of gas reserves will be put into production. Edison owns a working interest of 11.25% in the Reggane North block. The other partners are Sonatrach (40%), Repsol (29.25% Operator) and RWE (19.5%). Reggane field.

E&P in Croatia Edison owns a participating interest of 70% in the Izabela Contract Area offshore Croatia. The asset is operated by Edina (Edison 50%, INA 50%) and consist of two gas fields (Izabela and Irena) located in the northern part of Adriatic Sea, about 50 km NW of Pula, in water depth of around 37 m. The Izabela and Irena fields were discovered in 2004 and 2006 respectively.

The development plan for the Izabela field was prepared in 2008 and completed in 2010. Two unmanned platforms have been installed, and 5 wells drilled and put on line. Gas production can be exported via purposefully built and existing infrastructure both to Italy and Croatia.

Izabela platform.

Venice

FRANCE

Trieste

IZABELA 2

NORTH A/Q P-III IZABELA 1

ITALY

Pula

NORTH A/Q

NORTH A/Q P-II

WEST A/Q

A/Q P-II

MED

IT

A/Q P-I

AN SEA ERRANE

Idku

Abu Qir Algiers

Tunis Media Gas Plant

ALGERIA TUNISIA ROSETTA

Abu Qir SIDI ABD EL RAHMAN

REGGANE NORD

LIBYA

WEST WADI EL RAYAN

EGYPT

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E&P in Egypt In Egypt Edison holds a 100% operated participating interest in the Abu Qir concession in the Nile Delta offshore and operates (with a 60% working interest) the West Wadi El Rayan license, in the Western Desert. Edison has also a 20% participating interest in the Rosetta offshore production license. ABU QIR At the beginning of 2009 Edison acquired 100% of the exploration, development and production rights of the Abu Qir Concession. Operations are managed by a 50-50 JV between EGPC (Egyptian General Petroleum Corporation) and Edison named Abu Qir Petroleum and based in Alexandria. The Abu Qir development consists of 3 concessions (Abu Qir, North Abu Qir, West Abu Qir) located offshore in the Nile Delta in water depth ranging from 14 to 35 meters. The fields are currently producing gas and condensate from the Abu Madi and Kafr El Sheik formations. The offshore facilities include 7 platforms (including 2 bridge connected compression platforms), 24 wells and a network of sealines. The onshore facilities are located in the Meadia plant and have a treatment capacity of 480 MMScf per day. The oldest fields in the Abu Qir concessions have been in production since the 1970s. After the acquisition, Edison initiated an important intervention which had a twofold approach: on one side a production optimization and infrastructure revamping plan

was put in place; on the other side an important exploration campaign was undertaken which lead to important discoveries in particular in the North Abu Qir concession. After four years of investments the first phase of the Abu Qir redevelopment is terminated. In the North Abu Qir concession a new platform has been installed, a total of more than 10 wells have been drilled and an equal number of workover has been performed. Gas production doubled going from 140 to 270 MMSCF per day and the liquids, condensate and LPG production increased significantly going from 5.000 to 7.600 bbl per day. A new pipeline has been installed in 2012 connecting the NAQPII platform to the AQP I with the aim to increase the transportation capacity offshore and enhance the transportation efficiency. Edison is ready to start in the coming years a second phase of redevelopment which will entail drilling new wells and building another platform in the North Abu Qir concession with the aim of maintaining gas production plateau for approx 8 years.

Abu Qir - NA/Q-PII platform.

ROSETTA & SEQUOIA The Rosetta Concession is located on the northwestern margin of the Nile Delta, extends to approximately 90km offshore and was awarded in 1995 to a consortium operated by BG (40%), Shell with 40% and Edison with 20%. In 1997 three successful discoveries lead to the signature of a Gas Sales Agreement together with the Rosetta Field Development plan approval. Rosetta started production in 2001 and supplies Egypt’s domestic market. The unitized development of the Sequoia field which lies across the boundary of the West Delta Deep Marine (WDDM) and Rosetta Concessions was sanctioned in 2008. It consists of six sub-sea wells: three wells on each of WDDM and Rosetta which are tied back to existing infrastructure. First gas came on-stream in 2009, with production delivered to both the domestic and export markets.

WEST WADI EL RAYAN The West Wadi El Rayan concession is located in the eastern sector of the Western Desert Basin. It was granted to Edison in May 2005 following an international Bid Round. In September 2006 Edison farmed out a 40% share to RWE remaining the Operator with 60%. Two 3D seismic surveys for a total amount of 770 sq.km and 8 exploratory wells represent the total work carried out in the exploration period. In October 2009 the first development lease was assigned to the JV following the WWER 2X oil discovery. In June 2012 a second development lease related to the Rayan 3X oil discovery was assigned to the JV and a third lease related to the discoveries Rayan 2XA, WWER E1X and Rayan 1X, was assigned by the Egyptian Authorities in January 2013. A production manifold, production separator, heater treater, oil tanks and auxiliaries have been installed in 2010 to treat oil produced from the fields. Stabilized production is then trucked to a refinery. In order to sustain production, currently around 1.000 bbl day, and optimize the oil sweep efficiency a water injection project has been envisaged is currently under development.

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E&P Operations in the World In the last decade Edison expanded its operations outside of the Mediterranean. An initial phase of expansion saw Edison present in West Africa, in particular Senegal and Ivory Coast where the company still has an active presence. Currently the biggest areas of activity are offshore Norway. Norway and more generally the North Sea will be the next production cluster in Edison E&P operations.

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E&P in Norway Edison activity in Norway started in 2007 and is headquartered in Stavanger where it now operates through a 25 people strong team of professionals. Currently Edison operations are spread in all three main areas of activity in the Norwegian offshore: the North Sea, the Norwegian Sea and the Barents Sea. In the last 5 years Edison applied for 37 licenses and was awarded 18 of them. The current portfolio includes 16 licenses, 3 of which are operated by Edison. Edison’s first wells in the country have been extremely successful, resulting in three discoveries: Zidane 1 in 2010 (Gas - 10 BSm3), Zidane 2 in 2012 (Gas - 6 BSm3) and Skarfjell in 2012 (Oil - 212 MMBbl). In 2013 operations will focus on the delineation of the Skarfjell field with an apprisaisal well and on the drilling of another exploration well in the North Sea. Edison is also participating in the Polarled Gas Infrastructure project, a 480km pipeline in the Norwegian Sea to transport gas to Norway and then to Europe. This infrastructure project is functional to the Zidane development.

PL 435 - ZIDANE Production license (PL) 435 is located 15 Km northwest of the Heidrun field and 35 Km south of the Skarv field in the Norwegian Sea. In the 1980s the Zidane area was not considered very promising by the oil industry following unsuccessful exploration by some companies. In the second part of the 2000s new exploration concepts were developed, and in 2007 a consortium with RWE Dea as operator (40%), Edison (20%), Maersk Oil (20%) and OMV (20%) was awarded PL435. The Zidane-1exploration well was drilled in September 2010 and encountered gas in a 150 meter column in the Fangst group. A second well drilled in 2012, Zidane 2,penetrated aseparate accumulation and found gas in a 140 meter column in the Fangst group. The field development plan is currently in the conceptual design phase. Production is expected to commence by 2017. The development plan comprises four producing wells with subsea completion drilled from one centrally located template tied-in to the Heidrun platform. Gas will be evacuated via Polarled. The most likely Technically Recoverable Reserves (P50) are estimated to be 17.06 GSm3 with a plateau rate of 7MSm3/day. PL 418 - SKARFJELL PL418 license is held by a 5 companies strong JV group. Wintershall is the operator (35% working interest) with Cairn (20%), Bayerngas (20%), Edison (15%) and RWE Dea (10%) holding the remaining. The Skarfjell field is located 17 km Southwest of the Gjøa field and lies between the Grosbeak discovery to the south and the Titan discovery to the north in 350 meters of water.

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The discovery well was drilled in the spring of 2012 as the first exploration well in the license. The wildcat well, drilled to a vertical depth of 2976 meters below the sea surface and terminated in the Middle Jurassic Brent Group / Rannoch Formation, found Upper Jurassic reservoir sands of very good quality containing light oil with a significant oil column. Preliminary resource estimates range between 60 and 160 million barrels of recoverable oil. The JV partners will appraise the discovery in Q1 2013 with one well, located north of the discovery well, that will be subsequently sidetracked in ordewr to assess commercial viability as well as potential upsides of the project. POLARLED Further development of the Norwegian gas transportation infrastructure is strategically important in order for Norway to remain a reliable and trusted supplier of gas to Europe. The purpose of the Polarled project is to provide a gas transport solution for planned and future field developments in the Norwegian Sea. The main drivers for the Polarled project are the planned field developments of: Aasta Hansteen, Linnorm, Zidane and Asterix. Companies participating in the Polarled project will get an investor share in accordance with their capacity reservation. Polarled was funded by a sponsor group consisting of Centrica, ConocoPhillips, Edison, E.ON Ruhrgas, GDF SUEZ, Maersk, OMV, Petoro, RWE Dea, Shell, Statoil and Total. Statoil will be the development operator. Planned start-up by the end of 2016.

LOCAL HADQUARTERS GAS FIELDS OIL FIELDS EXPLORATION LICENSES PIPELINE IN PROJECT

PL 613

PL 593

B

E R A

N

SEA S T

Nordkapp

Hammerfest

NORW

SEA N A I EG

Tromso

Aasta Hansteen Bodo

I C CT AR

LE R C C I

0° .5 66

PL 693

POLAR LE D

PL 601

PL 692 ZIDANE PL 435 PL 510 PL 643 Trondheim

Nyhamna

EA NORTH S

NORWAY

SKARFJELL PL 418

PL 568

Bergen Oslo Stavanger

PL 503 PL 620

PL 498 PL 541 PL 616

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E&P in UK and Falkland Islands UK CONTINENTAL SHELF In the UK Continental Shelf Edison is active through its fully owned subsidiary Euroil. Euroil is a minority JV partner in two licenses insisting on the Markam field. Markam has been discovered in 1984 and is in production since 1992. Gas production is collected on the K13 platform and subsequently evacuated in Holland at the Den Helder Terminal. EDF PRODUCTION UK Thanks to the recent change, Edison is now controlled by EDF and recognised as the E&P centre of competences for the Group. In light of this the only E&P assets EDF owned through its fully owned subsidiary EDF Production UK (EDFP), located in the UK North Sea, will be transferred in the coming months to Edison. EDFP owns non operated participating interest in three offshore producing gas fields: a 80% participation in the Wenlok field and a 68% participation in the Kilmar and Garrow fields (Tors area). Tors and Wenlok are mature assets. Abandonment is foreseen in 2018 (Wenlok) and 2023 (Tors). Kilmar, Garrow and Wenlok have all been developed through unmanned platforms installed in shallow waters (30-50 meters)from which dry-tree wells have been drilled. Production from the fields is transported to the onshore Bacton terminal through a network of third party operated platforms and pipelines.

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Leiv Eiriksson drilling rig.

FALKLAND ISLANDS Edison’s acreage in the Falkland Islands is extremely large: 49,000 km2 (equivalent to 220 North Sea Blocks) and is located in 13 licences to South and East of the islands in a mostly untested basin. The Falkland Island south and east basin is an exciting frontier basin with world class potential where a number of prospects already identified in different geological plays reduce the overall exploration risk. The Falkland Islands, a British Overseas Territory, enjoy a large degree of internal self-government with the United Kingdom guaranteeing good government and taking responsibility for their defence and foreign affairs. The capital and only city is Stanley on East Falkland.

AN AT L

TIC OCEAN N

FALKLAND ISLANDS

Stanley

S

ARGENTINA

Ushuaia

Edison farmed in the licenses previously 100% owned by Falkland Oil and Gas Ltd a UK based explorer in June 2012 taking 25% in the Northern Licenses and 12,5% in the southern licenses. In August 2012 Noble Energy, farm-in both to the Northern Licences and Southern Licences for a 35% interest. The operatorship of the Northern and the Southern Area Licences will be transferred from FOGL to Noble. The Loligo well, reaching a depth of more than 4000 meters, with targets in the Tertiary aged reservoir, was followed by the Scotia well, with targets in the Mid Cretaceous play, reaching a depth of more than 5,500m,

were drilled in the Northern Area Licences using the Leiv Erikisonn drilling rig in the the second part of 2012 window. Both wells found hydrocarbons were completed safely and within budget and reinforce the partners confidence in the potential of the basin. A very large 3D seismic survey programme will take place during 2013 to mark the continuation of the exploration activities. The 3D seismic will be invaluable for identifying future drilling targets, locating good quality reservoir and differentiating oil from gas prospects together with a thorough evaluation of Loligo and Scotia wells results.

The Falkland Islands.

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Infrastructures and supply Edison has an integrated presence in the natural gas supply chain, from production to importation, distribution and sales. By developing new gas infrastructures of Europe-wide importance, Edison is aiming to consolidate its role as a leading operator in the energy sector.

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Storage and Distribution COLLALTO

LNG

A

D IA

R SAN POTITO

T

IC S

EA

PALAZZO MORONI

T Y R

CELLINO

R

H

GAS STORAGE FACILITY GAS STORAGE FACILITY DEVELOPMENT

E

N

IA

N

SE

A

STORAGE Edison Stoccaggio Spa is the company of the Group that takes care of natural gas storage operations. Edison Stoccaggio can draw on a long tradition of expertise in the field having entered the storage market in the early 1980s, when it converted the production field of Cellino into a storage facility. Nowadays Edison Stoccaggio offers storage services through the fields of Cellino and Collalto, located respectively in Abruzzo and Veneto. The Company is currently implementing an important capital investment plan in order to increase its storage capacity. Edison Stoccaggio has already terminated the expansion of the two abovementioned fields and currently is developing the new concession of S.Potito and Cotignola.

DISTRIBUTION Edison Distribuzione Gas (DG) is the company of the Group that takes care of natural gas distribution operations. Edison DG distributes each year about 300 million cubic meters of natural gas to 150,000 customers in Northern and Central Italy and operates 1,450 km of low-pressure pipelines, 1,200 km of medium-pressure pipelines and 1,000 km of connecting-pipe systems. Edison DG is planning to grow its size participating in the new tenders that are soon to be issued by Italian municipalities.

The Collalto Storage field.

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The Adriatic LNG Terminal The Adriatic LNG Terminal is the first ever offshore Gravity Based Structure (GBS) for unloading, storing and regasifying Liquefied Natural Gas (LNG). The facility is located offshore of Porto Levante, in the northern Adriatic Sea, about 15 km off the Veneto coastline, where it is set on the sea floor. It is connected to the national network at the Minerbio entry point through a new pipeline. Overall, the offshore Terminal is designed around a large concrete structure, which houses two LNG tanks, and includes a regasification plant and facilities for mooring and unloading LNG vessels. It is overall 375 meters long, 115 meters wide and the main deck is 18 meters above sea level, with the top of the flare tower rising 87 meters above sea level. The mooring dolphins.

It has a regasification capacity of 8 Bcm/y of natural gas; 80% of such capacity (6.4 Bcm/y, approximately equal to 10% of Italy’s entire gas consumption) is utilized by Edison under an LNG sales agreement with Ras Gas (II), a joint venture of Qatar Petroleum and ExxonMobil. The remaining 20% capacity available to third parties has been assigned for 1 Bcm/y to BP for 10 years, in accordance with procedures defined by the Italian competent authority. Full operational capacity has been achieved in 2009.

The terminal.

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Electric Power Operations Founded in 1884, Edison is Europe’s oldest energy company. Today, it’s one of Italy’s leading operators in the electric power and hydrocarbon sectors. In the electric power sector, Edison’s share of the Italian production market was 7.9%, with 22.5 TWh produced in 2012.

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ELECTRIC POWER HIGHLIGHTS

7.7

GW installed generating capacity

22.5

TWh electric power net production in Italy

51.1

TWh

electric power gross sales in Italy

111

electric power production sites

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Edison: a leading player in electricity market Founded in 1884, Edison is Europe’s oldest energy company. Today, it’s one of Italy’s leading operators in the electric power and hydrocarbon sectors. In the electric power sector, Edison’s share of the Italian production market was 7.9%, with 22.5 TWh produced in 2012. The Group installed capacity is 7.7 GW, with a portfolio of efficient and environmentally compatible generating facilities that includes 47 hydroelectric power plants, 22 thermoelectric power plants, 32 wind farms, 9 photovoltaic systems and 1 biomass system. THE ITALIAN ENERGY MARKET In Italy, the process of deregulating the energy market, which got under way in 1999 for electric power and in 2000 for natural gas, completed its course over a period of 10 years through several legislative steps. As a result, Italian businesses and families are now able to choose the supplier of electric power and natural gas that best suits their needs. ELECTRIC POWER AND NATURAL GAS: WHAT WE OFFER TO THE MARKET Since the very beginning, Edison has been in forefront of the deregulation process as the most dynamic operator, selling energy to large companies and supporting the establishment of consortia of small and medium-sized business, which, individually, did not consume enough energy to access the benefits of a competitive market. Today, Edison can count on a vast portfolio of business customers including a substantial share of the independent contractor market. In addition, Edison offers its customers a broad range of consulting services to help them increase energy efficiency and conservation

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EDISON STANDS BY RESIDENTIAL CUSTOMERS Edison is in the residential market with an offer to supply electric power to families that is recognized as the most affordable alternative. On the heels of its successful foray into the electric power area, Edison broaden its sales package for families with the addition of natural gas. The sales packages can meet every consumption need with different options. When customers choose Edison, no activation costs or security deposit are required and no changes to the meter or the electrical system are needed. Switching is extremely easy and instantaneous: customers can execute the contract online (www.edisoncasa.it). Today Edison has over 1,500,000 customers in Italy.

HEADQUARTERS

CENTRALE KHR (Edison 20%)

OPERATING COMPANY

PRATI DI VIZZE

EL.IT.E CURON GLORENZA

THERMOELECTRIC POWER PLANT

BRUNICO MARLENGO

LASA

HYDROELECTRIC POWER PLANT

SONICO PIEVE VERGONTE

WIND FARM

CAMPO ALBANO

BATTIGGIO

MONZA COLOGNO MONZESE SESTO S.G.

Milano

MERCHANT LINE EL.I.TE.

TROFARELLO CASCINA BIANCHE OVIGLIO

PONTE GARDENA

CASTELBELLO

PREMESA

TAIO

CEDEGOLO

VENINA

MEZZOCORONA GANDA

ARMISA

PHOTOVOLTAIC SYSTEM R&D CENTER

BELVISO

VAL MEDUNA (5 c.li)

POZZOLAGO

CIVIDATE

VEDELLO ZAPPELLO

TORVISCOSA

VAL CAFFARO (4 c.li) PUBLINO Selvazzano CALUSCO

MARGHERA

PADERNO ROBBIATE MEDIGLIA SARMATO

PORTO VIRO

VERZUOLO

A

SAN QUIRICO

FARIGLIANO TEGLIA

Bologna

D

ROCCHETTA

R IA

SAN BENEDETTO VAL DI SEMBRO

T

PORCARI

IC

MONTEMIGNAIO JESI

S

EA

PIOMBINO

PENTIMA TERNI

TY

BUSSI

S. Giovanni Teatino

SULMONA

R

MONTEFFERRANTE MONTAZZOLI CASTIGLIONE M. MARINO

R

Roma

H

E

N

2012 ITALIAN PRODUCTION MIX THERMOELECTRIC POWER PLANTS No MW INSTALLED GWh PRODUCTION

22 5,818 17,657

TERMOLI RIPABOTTONI

FRAINE

IA

LATINA

N

S

EA

LUCITO ROCCASPINALVETI CASTELNUOVO DELLA DAUNIA ROIO-SCHIAVI FAETO PIDIMONTE VOLTURARA MOTTA FOIANO VOLTURINO CELLE MONTE BARBATO CANDELA SAN TOPPO GROSSO ORSARA VITO S. GIORGIO LA MOLARA ROCCHETTA FOIANO S. ANTONIO PIANO DEL CASINO VAGLIO CASTELNUOVO DI CONZA SELLA DI CONZA

HYDROELECTRIC POWER PLANTS No MW INSTALLED GWh PRODUCTION

ALTOMONTE

47 1,358 3,881

MELISSA-SAN FRANCESCO MELISSA-STRONGOLI

WIND FARMS No MW INSTALLED GWh PRODUCTION

SIMERI-CRICHI

32 471 874 Palermo

MISTRETTA

MILAZZO

PHOTOVOLTAIC SYSTEMS No MW INSTALLED GWh PRODUCTION

9 13 12

Ragusa

Siracusa

BIOMASS SYSTEMS No MW INSTALLED GWh PRODUCTION

1 6 38

SIC

ILIAN CHANNEL

INTERNATIONAL EXPANSION Today Edison is controlled by Electricité de France (EDF) a stable and solid Shareholder, committed to its development and growth, both in Italy and abroad. The areas with the greatest potential are the Balkans and the Mediterranean Basin. In Greece, Edison has an established presence as the country’s second largest operator through Elpedison, a joint venture with Hellenic Petroleum. Elpedison owns a 390 MW combined cycle (CCGT) power plant in Thessaloniki and a 420 MW CCGT facility in Thisvi. The joint venture’s goal is to achieve over the next few years a 20% share of the Greek production market.

Thisvi power plant.

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Edison in the world NORWAY

UK BELGIUM CROATIA FRANCE

ITALY

GREECE

ALGERIA

FALKLAND ISLADS

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Edison Spa Foro Buonaparte 31 20121 Milan - Italy Tel. +39 02 62221 www.edison.it Edison Energia Spa Foro Buonaparte 31 20121 Milan - Italy Tel. +39 02 62221 www.edisonenergia.it

HUNGARY ROMANIA

Edison Spa Via del Quirinale 26 00187 Rome - Italy Tel. +39 06 478921 Fax +39 06 47892234

BULGARIA

Edison Spa Via Teracati 102 96100 Siracusa - Italy Tel. +39 0931 448111 Fax +39 0931 442610 Edison D.G. Spa Via Pelosa 20 35030 Selvazzano Dentro (PD) Italy Tel. +39 049 873941 Edison Energie Speciali Spa Via Paolo Nanni Costa 30 40133 Bologna - Italy Tel. +39 051 6428711 Fax +39 051 6428721

TURKEY

EGYPT

Edison Stoccaggio Spa Via Aterno 49 Contrada Dragonara di Sambuceto 66020 San Giovanni Teatino (CH) Italy Tel. +39 085 44671 Edison Trading Spa Foro Buonaparte 31 20121 Milan - Italy Tel. +39 02 62221

Edison Spa EU Liaison Office Avenue des Nerviens 3 1040 Bruxelles - Belgium Tel. +32 (0)2.737.1570 Fax +32 (0)2.737.1575 Edison Trading Spa Bulgaria Branch Boulevard Knyaginya Maria Louiza, 2 1000 Sofia - Bulgaria Tel. +35 92 9830350 Fax +35 92 9841351 Edison International Spa Croatia Branch Glavna prodruˇznica Zagreb ˇ Subiceva 29 10000 Zagreb - Hrvatska Tel. +385 (1)4592732 Fax +385 (1)4592592 Edison International Spa Egypt Branch Villa # 10, Road 5 Maadi, Cairo - Egypt Tel. +202 23802152 Fax +202 23782730 Edison Hellas Sa 27, Vassilissis Sofias Ave. 10674 Athens - Greece Tel. +30 210 7258701 Fax +30 210 7257997 Edison Trading Spa Hungary Branch Váci utca, 15 1052 Budapest - Hungary Tel. +36 1 429 0330 Fax +36 1 235 0415 Edison International Spa Norway Branch Hinna Park, Blokk B, 2nd floor Jåttåvågveien 7 - 4020 Stavanger Tel. +47 52 97 71 00 Fax +47 52 97 71 49 [email protected] Edison Trading Spa Romania Branch C.A. Rosetti Street, 17 Sector 2 - Bucharest - Romania Tel. +40 21 527 0414 Fax +40 21 527 0339

EDF 22-30 Avenue de Wagram 75382 Paris cedex 08 - France www.edf.com

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Edison Spa Foro Buonaparte 31 20121 Milan Italy tel 02 62221 Edited by E&P Division Editorial Coordination External Relations Department Design M Studio Photo Edison Archive Renato Cerisola, Fabrizio Villa, Alberto Novelli, Terminale GNL adriatico S.r.l. Printing Grafiche Maggioni March 2013

Edison Spa Foro Buonaparte, 31 20121 Milan - Italy tel. +39 02 6222.1 www.edison.it