Notice to the Market - IR 10/16
Copel Distribuição's Captive Market declines 4.3% in the first quarterThis report analyzes the performance of Copel's electricity market between January and March 2016 and all comparisons refer to the same period in 2015.
Copel Distribuição Captive MarketCopel Distribuição's electricity sales to the captive market totaled 6,016 GWh in 1Q16, 4.3% less than in 1Q15, chiefly due to the economic stagnation and the tariff increase. The following table shows captive market trends by consumption segment:
Number of Customers Energy sold (GWh)Mar-15 | Mar-16 | Var. % | 1Q15 | 1Q16 | Var. % | |
Residential | 3,462,231 | 3,549,987 | 2.5 | 1,897 | 1,781 | (6.1) |
Industrial | 91,026 | 87,461 | (3.9) | 1,652 | 1,607 | (2.7) |
Commercial | 371,123 | 377,880 | 1.8 | 1,498 | 1,417 | (5.4) |
Rural | 372,203 | 366,365 | (1.6) | 651 | 614 | (5.7) |
Other | 56,553 | 57,023 | 0.8 | 590 | 597 | 1.2 |
Captive Market | 4,353,136 | 4,438,716 | 2.0 | 6,288 | 6,016 | (4.3) |
The residential segment consumed 1,781 GWh between January and March 2016, 6.1% down, reflecting the adverse economic situation and the tariff increases, that led to the rationalization of electricity consumption in this segment, and the registration of milder temperatures at the beginning of this year compared to those recorded in the first quarter 2015. At the end of March 2016, this segment accounted for 29.6% of Copel's captive market, totaling 3,549,987 customers.
The industrial segment consumed 1,607 GWh, 2.7% down, due to the migration of captive customers to the free market and the decrease of the industrial production in the sectors of machinery and equipment, automotive vehicles and furniture, partially offset by the growth in the production of foods products, especially in poultry slaughter. At the end of March 2016, this segment represented 26.7% of Copel's captive market, totaling 87,461 customers.
The commercial segment consumed 1,417 GWh, a decrease of 5.4% over the same period of 2015, due mainly to the decrease in retail sales volume, partially offset by the growth in the number of customers. At the end of March, this segment represented 23.6% of Copel's captive market, totaling 377,880 customers.
The rural segment fell by 5.7% in consumption compared to the first quarter of 2015 , totaling 614 GWh, reflecting the registration of milder temperatures in 1Q16 compared to 1Q15. At the end of March 2016 the segment represented 10.2% of Copel 's captive market and had 366,365 consumers.
Other segments (public agencies, public lighting, public services and own consumption) consumed 597 GWh, growing by 1.2% in the period. These segments jointly account for 9.9% of COPEL's captive market, totaling 57,023 consumers at the end of the period.
Copel Distribuição's Grid Market (TUSD)Copel Distribuição's grid market, comprising the captive market, concessionaires and licensees in the State of Paraná, and all free consumers within the Company's concession area, fell 4.3% in the first quarter 2016, as shown in the following table:
Number of Customers / Agreements Energy Sold (GWh)
Mar-15 | Mar-16 | Var. % | 1Q15 | 1Q16 | Var. % | |
Captive Market | 4,353,136 | 4,438,716 | 2.0 | 6,288 | 6,016 | (4.3) |
Concessionaries and Licensees | 6 | 6 | - | 187 | 177 | (5.3) |
Free Customers ¹ | 127 | 157 | 23.6 | 1,030 | 991 | (3.8) |
Grid Market | 4,353,269 | 4,438,879 | 2.0 | 7,505 | 7,184 | (4.3) |
¹ All free customers served by Copel GeT and other suppliers at the Copel DIS concession area.
Copel's Consolidated Market Electricity Sales to Final CustomersCOPEL's electricity sales to final customers, comprising COPEL Distribuição's sales in the captive market and COPEL Geração e Transmissão's sales in the free market, fell 5.1% in 1Q16.
The table below breaks down energy sales by consumption segment:
Segment | Market | 1Q15 | 1Q16 | Var. % |
Residential | 1,897 | 1,781 | (6.1) | |
Total | 2,627 | 2,485 | (5.4) | |
Industrial | Captive | 1,652 | 1,607 | (2.7) |
Free | 975 | 878 | (10.0) | |
Total | 1,501 | 1,419 | (5.5) | |
Commercial | Captive | 1,498 | 1,417 | (5.4) |
Total | 3 | 2 | (33.3) | |
Rural | 651 | 614 | (5.7) | |
Other | 590 | 597 | 1.2 | |
Energy Supply | 7,266 | 6,896 | (5.1) |
Total energy sold by Copel, comprising Copel Distribuição's, Copel Geração e Transmissão's and Wind Complex's sales in all the markets, came to 10,922 GWh in 1Q16, 9.2% down over the same period last year, refletion of the strategy adopted by Copel GeT to allocate more energy in the spot market in the beginning 2015.
The following table shows Copel's total electricity sales broken down between Copel Distribuição, Copel Geração e Transmissão, Wind Complex:
Number of Customers / Agreements Energy Sold (GWh)
Copel DIS
Mar-15 Mar-16 Var. % 1Q15 1Q16 Var. %
Captive Market 4,353,136 4,438,716 2.0 6,288 6,016 (4.3)
Concessionaries and Licensees 6 6 - 170 162 (4.6)
CCEE (MCP) - - - - 354 -
Total Copel DIS 4,353,142 4,438,722 2.0 6,458 6,532 1.1
Copel GeT
CCEAR (Copel DIS) 1 1 - 60 41 (32.2)
CCEAR (other concessionaries) 39 39 - 1,183 832 (29.7)
Free Customers 27 24 (11.1) 978 880 (10.0)
Bilateral Agreements ¹ 25 19 (24.0) 1,694 2,031 19.9
CCEE (MCP) ² - - - 1,524 309 (79.7)
Total Copel GeT 92 | 83 | (9.8) | 5,439 | 4,093 | (24.7) |
Copel Renováveis | |||||
CCEAR (other concessionaries) 112 | 112 | - | 133 | 208 | 56.4 |
CER - | 3 | - | - | 89 | - |
Total Copel Ren 112 115 3 133 297 123
Total Copel Consolidated 4,353,346 4,438,920 2.0 12,030 10,922 (9.2)
Note: Not considering the energy from MRE (Energy Relocation Mechanism). ¹ Includes Short Term Sales Agreements.
² Assured Power allocated in the period, does not consider the impact of the GSF.
CCEE: Electric Power Trade Chamber / CCEAR: Energy Purchase Agreements in the Regulated Market / MCP: Short Term Market / CER:
Araucária TPPAdditionally, the energy produced by the Araucária TPP was sold in the short-term market and totaled 78 GWh. The table below shows the amount of energy produced by the thermal power plant in the first quarter 2016:
GWh
TPP Araucária - UEGA 1Q15 1Q16 Var. %
Own Generation¹ 915 78 (91.5)
Font: ONS
¹ Value of gross generation verified by ONS, without considering losses of the Basic Network associated with the plant.
Curitiba, May 02, 2016.
Luiz Eduardo da Veiga SebastianiChief Financial and Investor Relations Officer
For further information, please contact our Investor Relations team: ri@copel.com or (41) 3222-2027
COPEL - Companhia Paranaense de Energia issued this content on 02 May 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 May 2016 22:53:07 UTC. Original document available at http://www.copel.com/hpcopel/english/sitearquivos2.nsf/arquivos/bri10_16ing/$FILE/bri10_16ing.pdf |