Endesa gives green light for further renewable capacity

30 August 2005 - Endesa has estimated that renewable energies will represent 38.5 per cent of its total power generation mix by 2009 as it strives to reduce its emissions and increase production diversity.

The company has already managed to reduce its emissions in Spain by 27.5 per cent from 1990 levels to help the country comply with its Kyoto targets. The reduction has come despite a 120 per cent increase in generation output. Endesa envisions a reduction in carbon dioxide emission levels to 35 per cent below 1990 levels by 2009.

A statement from the company read: "By 2009, around 40 per cent of Endesa's production plants will not release any type of pollutant gas into the atmosphere."

Endesa hopes to achieve this by increasing its renewable capacity from the 2004 level of 16 421 MW to 19 535 MW by 2009. This 19 per cent increase will be funded by €2.1bn ($2.5bn) of investment in hydro, wind and biomass projects. By 2009, around 16 000 MW of additional hydro capacity is expected to be added to the company's generation portfolio, along with approximately 4 000 MW of wind capacity and 243 MW of biomass and waste capacity.

The amount earmarked for renewable investment constitutes nearly 30 per cent of what the company has planned to invest in general growth between 2005 and 2009.

Endesa also announced that its system average interruption duration index (SAIDI) fell 35 per cent year on year in July, to nine minutes. So far this year it has reduced its SAIDI in Spain by 15 per cent. The company has set aside more than €1m for further investments in distribution as part of its 2005-2009 Strategic Plan.

Sponsored by FLSmidth

Related Articles

Light at the end of the Tunnel

The Keystone Pipeline is no stranger to controversy from environmentalists in the United States.

GE gas-fired turbines to power TVA coal replacement project

GE (NYSE: GE) will supply two natural gas-fired turbine generators to help in the replacement of a coal-fired power plant in Tennessee.

Follow Power Engineering on Twitter
Latest News

Dominion Virginia Power shelves plans for offshore wind project

Dominion Virginia Power, a subsidiary of Dominion (NYSE: D), put plans to build an offshore w...

Coal ash recycling company successfully repurposes pond ash

The SEFA Group Inc. recently opened a stand-alone Staged Turbulent Air Reactor (STAR) facilit...

Hawaii energy park, Sandia National Laboratories to test energy storage

The Natural Energy Laboratory of Hawaii Authority (NELHA) has secured a deal with New Mexico-...

E.ON, GE wind farm reaches operation in Texas

E.ON and GE's (NYSE: GE) Energy Financial Services celebrated the opening of the Grandview Wi...

Feds move to speed approval for Great Plains wind projects

Federal officials are moving to speed up their review of wind power projects across the Upper...

Sempra U.S. Gas & Power acquires Minnesota wind project

Sempra U.S. Gas & Power has acquired the 78-MW Black Oak Getty wind project — in Stearns ...

Mississippi Power to build largest utility-scale solar projects in the state

Mississippi Power, a subsidiary of Southern Company (NYSE: SO), is partnering with two solar ...

Another measure to block advance of NC renewables law falls

North Carolina electric companies must keep planning to generate more power through alternati...

Power Engineering Current Issue

01/01/2015
Volume 119, Issue 1
1501pe-cover-lg
Products Showcase
Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015

Power Industry Wire News

Rockdale Resources Enters Into Letter of Intent to Acquire Working Interest in a Historical Oklahoma Oil Field

Rockdale Resources Enters Into Letter of Intent to Acquire Working Interest in a Histor...

Scorpio Tankers Inc. Announces Newbuilding Vessel Deliveries and Reminder for Upcoming Conference Call

Scorpio Tankers Inc. Announces Newbuilding Vessel Deliveries and Reminder for Upcoming ...

Falcon Crest Energy Searching for Opportunities Outside Oil and Gas Sector

Falcon Crest Energy Searching for Opportunities Outside Oil and Gas Sector

West Texas Resources, Inc. Announces Appointment of Paul Brogan to Board of Directors

West Texas Resources, Inc. Announces Appointment of Paul Brogan to Board of Directors

Younicos Commends U.S. Department of Energy Call for Energy Storage to Be Part of National Electricity Grid Infrastructure Improvements

Younicos Commends U.S. Department of Energy Call for Energy Storage to Be Part of Natio...

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>