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Geothermal represents 18% of all power generated by Enel Green Power

Sasso 2 geothermal plant by Enel Green Power, Tuscany, Italy (source: Volcanex)
Alexander Richter 9 Feb 2016

In its preliminary results for the year 2015, Enel Green Power reports that geothermal power generation capacity accounts for 8% of all installed capacity, yet produces around 18% of all electricity generated by the company.

Enel Green Power released today its preliminary consolidated results for the year 2015.

With total revenues of EUR 3 billion ($3.3 billion) and an EBITDA of EUR 1.8 billion ($2.0 billion) in 2015, it “was another growth year which confirmed our leading position in the renewables sector. The company’s ability in accelerating growth has been proven by 1.5GW of additional installed capacity and by our flexibility in quickly addressing our portfolio and adapting it to changes in global scenarios.”, so Francesco Venturini, CEO and General Manager of Enel Green Power.

Looking at power generation of the company it is interesting to state that despite geothermal power plants only representing around 8% of the installed power generation capacity of Enel, yet producing around 18% of all power generated by Enel in the year 2015.

Source: Enel Green Power release