Iberdrola energy production increases

October 8, 2010 at 12:48 pm Leave a comment

Iberdrola produced a record amount of energy during January-September 2010, approximately 18,000 gigawatt hours (GWh), representing an increase of 20.2% over the first half of 2009, as the company reported to the National Securities Market Commission (CNMV) .

Iberdrola reports increase in energy productionThe main energy source were wind farms, with an increase in production of 24.9%, which reached 17,400 GWh. The rest of the energy was produced by hidro-electric energy, namely 645 Gwh.

Wind farms produced the most energy in Spain, approximately 7 500 GWh, while those located in the US produced 7430 GWh. Both countries registered an increase in energy, while UK Iberdrola wind farms reported a decrease of 22.6% in production.

Iberdrola is the second largest alternative energy operator in the United States and the company has stated that the increase in production is due mainly to the favorable legislation and governmental aid.

Source: ejecutivos.es

Photo source: renewbl.com

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Entry filed under: Alternative energy, Economy, News. Tags: , , , , , , , .

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