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business plan for 2004 - EDP

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This increase was a result of the enlargement of the<br />

Cabeço Rainha Wind Farm (6 MW) and of the coming<br />

on stream of the Serra do Barroso Wind Farm (18 MW).<br />

Despite the fact that average wind-farm generation was<br />

lower than in the previous year, output was 128 GWh,<br />

13.8% more than in 2002 due to the start of generation<br />

of the wind farms mentioned above.<br />

With regard to new wind-farm projects, construction of<br />

the Fonte da Quelha (12 MW), Alto do Talefe (12 MW)<br />

and Padrela (7.5 MW) wind farms was nearing<br />

completion at the end of 2003, and they are expected to<br />

come on-stream during January <strong>2004</strong>. A start was also<br />

made on the construction of the Vila Nova (20 MW)<br />

and Açor (20 MW) wind farms, expected to come into<br />

service during the second and third quarters of <strong>2004</strong>.<br />

At end of 2003, the Alagoa de Cima (13.5 MW) wind<br />

farm was at the call <strong>for</strong> tenders stage, an undertaking in<br />

which ENERNOVA has a 40% stake and is expected to<br />

be commissioned at the end of <strong>2004</strong> or beginning of<br />

2005.<br />

As far as other projects are concerned, some of which in<br />

partnership, about 111 MVA were at the licensing stage<br />

and about 227 MVA at the study stage. The first group<br />

includes 20.6 MVA acquired from three promoters,<br />

which will be included in the Serra d’el Rei Wind Farm,<br />

to be commissioned in 2005.<br />

Taken together, the wind farms in service, at the<br />

construction/call <strong>for</strong> tenders stage and in the portfolio<br />

under ENERNOVA management at the end of 2003 had<br />

a total Grid connection power of about 400 MVA, or<br />

about 12.5% of the total already granted by the DGE up<br />

to 2007.<br />

• Biomass Generation<br />

<strong>EDP</strong> Produção Bioeléctrica, S.A., now owns the<br />

Mortágua Forest Residue power station.<br />

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

This <strong>plan</strong>t, with an installed power of 9 MW, came into<br />

service in 1999, with a net generation in 2003 of about<br />

38 GWh, an increase of 2.2% compared to 2002. This<br />

was a result of several technical improvements to some<br />

of the equipment and industrial installations.<br />

A total of about 90,000 tonnes of <strong>for</strong>est residues were<br />

consumed, of which about 78% were direct <strong>for</strong>est<br />

residues and 22% pine and eucalyptus bark.<br />

• Cogeneration<br />

<strong>EDP</strong> Cogeração is engaged, on the one hand, in<br />

continuing the management of Soporgen and Energin,<br />

owners of natural gas cogeneration <strong>plan</strong>ts providing<br />

electricity and heat to the manufacturing facilities of<br />

Soporcel and Solvay Portugal and, on the other hand,<br />

in determining and implementing new projects.

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