business plan for 2004 - EDP

• EDP Produção EM–Engenharia e Manutenção, S.A.,
also went ahead with the rationalisation of structures
involving integration by technical speciality of the
resources and know-how in the hydroelectric and
thermoelectric areas;
• At the end of the year a new organisation model was
approved for EDP Produção, accompanied by the
acquisition of the investments by CPPE, allowing it
to consolidate TER, EDP Cogeração, HDN,
Hidrocenel and HidrOeM as from January 1, 2004.
This new organisation is designed to confront more
competitively the new framework created by MIBEL,
to the extent that it will lead to greater clarification
and formalisation of the new areas and businesses
that will appear in 2004.
The electricity generating facilities in Portugal are shown
in the following map:
LEGEND
HYDROELECTRIC POWER STATIONS 10MW
HYDROELECTRIC POWER STATIONS > 10MW
WIND FARMS
BIOMASS POWER STATIONS
THERMOELECTRIC POWER STATIONS
GAS FIRED COGENERATION POWER STATIONS
In general terms, the following are the highlights in
generating activity in 2004:
• A year characterised by very good hydrological
conditions, with a coefficient of hydroelectric coefficient
of 1.33, the highest of the past 30 years (in 2000 the
figure was 0.76). Inflows were uniform throughout the
year, contributing to considerable storage by the
reservoirs, standing at about 64% of maximum capacity
at the year-end;
2003 - Annual Report - EDP
• Net hydroelectric generation at SEP totalled 13 964
GWh, an absolute record for Portuguese hydroelectric
generation (more than twice the 2000 generation).
Thermoelectric generation totalled 12 619 GWh (27.6%
less than in 2002);
• Net generation at SEI, including hydroelectric,
thermoelectric, wind, biomass, cogeneration and
natural gas generation, totalled 1 949 GWh, about 48.6%
more than the previous year, mainly due to the growth
of hydroelectric generation (57.6%) and the coming on
stream of the experimental TER (203 GWh).
Maximum Power as at December 31
EDP Group MW
SEP generation
2003 2002 2001 2000 1999
SEP Power Stations 7 051 7 183 7 183 7 183 7 230
Hydroelectric power stations 3 903 3 903 3 903 3 903 3 903
Thermoelectric power stations 3 148 3 280 3 280 3 280 3 327
SENV Power Stations 647 255 309 270 270
Hydroelectric power stations 255 255 309 270 270
Thermoelectric power stations 392 0 0 0 0
Special Regime Producers
Mini-hydroelectric power
241 216 117 106 29
stations 56 55 1 0 0
Windfarms 65 40 40 30 20
Biomass 9 9 9 9 9
Cogeneration 111 112 67 67 0
Maximum Power 7 939 7 654 7 609 7 559 7 529
Net generation
EDP Group GWh
2003 2002 2001 2000 1999
SEP Power Stations 26 583 24 201 26 947 24 000 23 459
Hydroelectric power stations 13 964 6 764 12 607 10 229 6 457
Thermoelectric power stations 12 619 17 437 14 340 13 771 17 002
SENV Power Stations 908 497 786 623 447
Hydroelectric power stations 705 497 786 623 447
Thermoelectric power stations 203
Special Regime Producers
Mini-hydroelectric power
1 041 815 535 209 55
stations (1) 196 75 4 0 0
Windfarms 128 113 90 70 53
Biomass 38 37 18 5 2
Cogeneration (2) 679 590 423 134 0
Net Generation 28 532 25 513 28 268 24 832 23 961
(1) Separation of the generation between SENV/PRE in 2002 (under Decree-
-Law 85/2002 of 6 April).
(2) Includes energy delivered to industrial customers.
Binding electricity generation in Portugal has been
granted to three companies holding licences – CPPE,
Tejo Energia and Turbogás – which have long-term
contracts for exclusive supplies to the REN. At the end
of the year the power contracted with these producers
was 8626 MW.