business plan for 2004 - EDP

equired by EDP. The three generating units are
programmed to come on stream in May, July and
October 2006.
• Couto Magalhães
The Couto Magalhães hydroelectric power station (150
MW installed capacity), in which EDP has a 49% stake
and the Rede Group 51%, is not yet past the
environmental (EIS/RIMA), energy and engineering
studies stage to determine the final characteristics of
Distribution Business
Number of Customers
EDP Group in Brazil
2003 - Annual Report - EDP
the undertaking. Work has now been suspended in
view of the new environmental requests made by the
authorities – not included in the concession contract –
which would substantially increase the costs of the
project and cause delays that could compromise the
economic feasibility of the undertaking.
Therefore, the Ener-Rede Couto Magalhães Consortium
has asked ANEEL to formalise the amicable rescission
of the concession contract. The position of the regulator
on this matter is still awaited.
• Feasibility studies of new hydroelectric plants
The feasibility study of the Ipueiras hydroelectric
power station has been concluded and the decision of
the authorities in respect of the licensing process
covered by this study is awaited. Also awaited is the
decision by the environmental authority allowing the
conclusion of the environmental studies in respect of
the Tupirantins hydroelectric plant. Studies concluded
and approved by the authorities may lead to the power
station concession being offered by public auction. By
drawing up these studies EDP will be entitled to bid in
the auction or to be reimbursed in respect of the costs of
the feasibility study.
Bandeirante Escelsa Enersul Total
2003 2002 Var. % 2003 2002 Var. % 2003 2002 Var. % 2003 2002 Var. %
Total Customers 1 320 211 1 297 285 1.8% 968 165 954 381 1.4% 613 832 596 569 2.9% 2 902 208 2 848 235 1.9%
Residential 1 210 721 1 184 016 2.3% 764 264 756 409 1.0% 503 544 489 211 2.9% 2 478 529 2 429 636 2.0%
Industrial 7 620 9 303 (18.1%) 10 633 11 069 (3.9%) 4 451 4 686 (5.0%) 22 704 25 058 (9.4%)
Commercial 86 510 88 594 (2.4%) 85 465 84 460 1.2% 53 279 52 354 1.8% 225 254 225 408 (0.1%)
Other 15 360 15 372 (0.1%) 107 803 102 443 5.2% 52 558 50 318 4.5% 175 721 168 133 4.5%
Sales
EDP Group in Brazil GWh
Bandeirante Escelsa Enersul Total
2003 2002 Var. % 2003 2002 Var. % 2003 2002 Var. % 2003 2002 Var. %
Bought in & own-generation
electricity 11 236 13 872 (19.0%) 7 237 8 343 (13.3%) 3 449 3 704 (6.9%) 21 922 25 919 (15.4%)
Electricity entering distribution 12 389 11 804 5.0% 8 184 7 337 11.6% 3 390 3 270 3.7% 23 964 22 411 6.9%
Losses in distribution (1 009) (886) (13.9%) (997) (838) (19.0%) (533) (516) (3.4%) (2 539) (2 240) (13.4%)
Sales to customers 9 543 10 165 (6.1%) 5 900 6 365 (7.3%) 2 816 2 754 2.2% 18 260 19 284 (5.3%)
Residential 2 132 2 115 0.8% 1 195 1 134 5.5% 872 863 1.1% 4 200 4 111 2.2%
Industrial 5 227 5 991 (12.8%) 2 745 3 290 (16.6%) 654 671 (2.5%) 8 626 9 952 (13.3%)
Commercial 1 180 1 130 4.4% 754 839 (10.2%) 547 527 3.7% 2 481 2 497 (0.6%)
Other 1 004 929 8.1% 1 206 1 102 9.4% 743 693 7.1% 2 953 2 724 8.4%
Deliveries to access customers 1 837 753 144.0% 1 287 134 860.4% 41 0 - 3 165 887 256.8%
Sales to MAE (1) 282 1 668 (83.1%) 46 587 (92.2%) 16 272 (94.3%) 343 2 527 (86.4%)
(1) Wholesale energy market