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business plan for 2004 - EDP

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2003 - Annual Report - <strong>EDP</strong><br />

• Ribatejo Thermoelectric Power Station<br />

Through TER, <strong>EDP</strong> Produção is building a combinedcycle<br />

thermoelectric power station located next to the<br />

Carregado Power Station, designed to operate under<br />

the Non Binding Generation regime, which was<br />

integrated in CPPE from January 1, <strong>2004</strong>.<br />

This new project has three generating groups with a<br />

unit power at emission of 392 MW. The first stage<br />

involves the adjudication of the construction of group’s<br />

1 and 2, with an option on the adjudication of group 3.<br />

In December, <strong>EDP</strong> took the decision to exercise the<br />

option on the construction of group 3 and its<br />

construction contract is currently being drawn up. It is<br />

expected to come into service in April 2006, six months<br />

ahead of the date initially <strong>plan</strong>ned.<br />

Relevant factors during 2003 include:<br />

a) group 1: the gas turbine was lit <strong>for</strong> the first time on<br />

September 5 and the first synchronisation with the<br />

220 kV grid took place on September 12, the<br />

nominal load of the gas turbine having been<br />

achieved on September 29. The first start-up of the<br />

steam turbine took place on October 14. The group’s<br />

nominal power (392 MW) was achieved <strong>for</strong> the first<br />

time on November 19. The first period of 10 days of<br />

experimental service was successfully carried out in<br />

December;<br />

b) group 2: the commissioning of the equipment<br />

<strong>for</strong>ming part of the group took place in December;<br />

c) the conditions governing the supply of the energy<br />

produced during tests were agreed with <strong>EDP</strong><br />

Distribuição, with an accumulated emission of 203<br />

GWh during this period;<br />

d) within the scope of licensing, the Environmental<br />

License issued by the Environment Institute and the<br />

Group 1 Operating License, issued by the DGE,<br />

were received during December.<br />

Special Regime Generation<br />

Generation based on renewable sources totalled 1 041<br />

GWh, about 27.7% more than in 2002, chiefly the result of<br />

the increase of hydroelectric generation (161.5%).<br />

Special Regime Generation<br />

<strong>EDP</strong> Group GWh<br />

• Hydroelectric Generation<br />

During 2003 the net generation figures <strong>for</strong> HDN and<br />

Hidrocenel were 131 GWh and 47 GWh respectively, an<br />

increase of 30.5% and 11.5% compared with 2002 (<strong>EDP</strong><br />

Energia’s net generation in the PRE was 19 GWh,<br />

142.6% more than in 2002).<br />

In connection with this type of generation in 2003<br />

attention is drawn to the following:<br />

a) the acquisition by HDN, of Hidrinor – Hídrica do<br />

Norte, S.A., which runs the Labruja hydroelectric<br />

power station;<br />

b) the commissioning of the Hidrocenel Lagoa<br />

Comprida power station; and<br />

c) the progress made in the technical and economic<br />

valuation processes and negotiations involving the<br />

purchase of two companies owning minihydroelectric<br />

power stations.<br />

• Wind Farm Generation<br />

At the end of 2003, ENERNOVA had five wind farms in<br />

operation – Fonte da Mesa, Pena Suar, Cabeço Rainha,<br />

Cadafaz and Serra do Barroso – with a total installed<br />

capacity of 65 MW, an increase of 24 MW (59%)<br />

compared to the end of 2002, or about 25% of the total<br />

installed wind-farm capacity in mainland Portugal.<br />

78/79

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