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    Eni impressively increases energy output from renewables


    July 29, 2022 - Trend News Agency

     

      BAKU, Azerbaijan, July 29. Energy production from renewable sources by Italian Eni amounted to 662 GWh in the second quarter of 2022, an almost five-fold increase year-on-year, mainly thanks to the contribution from the acquired assets in operation, Trend reports with reference to the company.

      As of June 30, 2022, the installed capacity from renewables was 1.5 GW. Capacity increased by 0.4 GW from December 31, 2021, mainly due to the acquisition of Corazon photovoltaic plant in the USA, the installation of the first plant of the Brazoria photovoltaic project (68 MW) in the USA, as well as the acquisition of Fortore Energia wind farm in Italy.

      Power sales in the open market were 5.61 TWh in the second quarter of 2022, down 14 percent year-on-year mainly due to lower volumes marketed to power exchange (11.34 TWh in the first half of 2022, representing a reduction of 13 percent compared to the same period in 2021).

      Retail and business gas sales amounted to 0.95 bcm in the second quarter of 2022, decreasing by 12% compared to the same period in 2021 mainly due to lower gas volumes marketed outside Italy particularly in France. In Italy retail and business gas sales were substantially unchanged vs. the comparative period. In the first half of 2022 sales amounted to 4.37 bcm, down by 5 percent due to the same drivers as for the second quarter. Retail and business power sales to end customers were 4.49 TWh in the second quarter of 2022, up 16 percent and benefitting from the growth of activities in Italy as well as from the acquisition of Aldro Energía (9.58 TWh in the first half of 2022, up 27 percent from the same period in 2021).

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      Follow the author on Twitter: @Lyaman_Zeyn

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