2011 Annual Report - OTCIQ.com

22 Corporate Profile and Operating Environment
Power Sales
On a consolidated basis, the E.ON Group increased its power
sales by 11 percent year on year to 1,144.8 billion kWh due to
higher trading sales volume, primarily deliveries to France
and Italy.
Generation sold 31.7 billion kWh less power than in the prior
year. Power sales declined by 11.6 billion kWh in Germany,
where the shutdown of Unterweser and Isar 1 nuclear power
stations reduced deliveries to the Trading unit. Generation
sold 8.4 billion kWh less power in Italy and 8.3 billion kWh less
in France due to lower demand from Trading. Power sales
declined by 3.1 billion kWh in the United Kingdom because
narrower margins made some plant less economic to operate.
Renewables sold 1.9 billion kWh more power than last year.
Power sales at the Hydro reporting unit declined by an aggregate
0.3 billion kWh on lower output in all regions except
Sweden, where power sales were higher due to higher water
levels. Wind/Solar/Other, which sells its output exclusively in
markets with incentive mechanisms for renewables, grew
power sales by 2.2 billion kWh, or 24 percent, primarily because
of an increase in generating capacity.
The decline in power sales at the Germany regional unit primarily
reflects the sale of our ultrahigh-voltage transmission
system (transpower) in late February 2010. A decline in customer
numbers was also an adverse factor.
Other EU Countries sold 2 billion kWh more power. Gains of
8.9 billion kWh (primarily in France and the United Kingdom,
including output from CHP plants for 2011 and 2010) more than
offset declines of 6.9 billion kWh (primarily in Italy, Sweden,
and Czechia).
The Russia unit sold 64.8 billion kWh of electricity on the
wholesale market. This 9-percent increase is attributable in
particular to the commissioning of new generating capacity.
Power Sales
Generation Renewables Trading Germany
Other EU
Countries Russia Consolidation E.ON Group
Billion kWh
Residential and
2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010
SME – – – – – – 25.0 27.2 64.3 63.5 – – – – 89.3 90.7
I&C 3.9 4.0 – 2.1 – – 37.2 28.6 73.4 73.7 – – -0.2 -0.2 114.3 108.2
Sales partners
Customer
26.7 36.4 4.7 2.9 – – 82.9 85.9 1.7 3.3 – – -4.9 -9.0 111.1 119.5
segments 30.6 40.4 4.7 5.0 – – 145.1 141.7 139.4 140.5 – – -5.1 -9.2 314.7 318.4
Wholesale market/
Trading 168.2 190.1 25.0 22.8 982.2 804.9 36.2 49.6 17.5 14.4 64.8 59.3 -463.8 -428.5 830.1 712.6
Total 198.8 230.5 29.7 27.8 982.2 804.9 181.3 191.3 156.9 154.9 64.8 59.3 -468.9 -437.7 1,144.8 1,031.0