ENDESA is active in the renewable energies and cogeneration sector in Spain via ENDESA Cogeneración y Renovables (ECYR), which commands a 6.5% market share. When considering its presence in renewable energies alone, its share of the Spanish market is 8.2%. Installed capacity in wind power is 10.72%.
At year-end, the on-stream cogeneration and renewable energy facilities in which ENDESA has an equity interest in Spain and Portugal represented total capacity of 2,743.9 MW gross, of which 2,350.2 MW corresponded to renewable energies and 393.7 MW to cogeneration and waste treatment.
Output from facilities in which ENDESA has a stake amounted to 3,734 GWh in 2007, 2,387.8 GWh of which came from energy installations, 520.7 GWh from mini hydro. 624.7 GWh from cogeneration, including industrial clients, and the rest from other technologies.
ENDESA has earmarked Euro 1.9 billion through 2009 to take its renewable energy installed capacity to 4,100 MW. As a result, these facilities will account for around 12% of ENDESA's generation portfolio. This will mark a major step forward in the diversification of the company's generation mix and put it on track to meeting its environmental protection targets. The Company plans to build 2,224 MW of new wind energy capacity, 78 MW of mini hydro capacity, 103 MW of solid waste-fuelled and biomass capacity and 20 MW of co-generation capacity between 2005 and 2009.
