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The Portuguese natural gas market will be considered an emergent market until The following table summarizes our net electricity production excluding internal losses and consumption of the plants by type of generating facility from through and also sets forth our hydroelectric capability factor for the same period:. These risks include accidents, the breakdown or failure of equipment or processes or human performance, including safety controls, and other events that could result in injury or damage to property or the environment.
Important factors that could cause actual to differ materially from estimates or projections contained in the forward-looking statements include, cojponer limitation:.
Does not include DESA, acquired at year end. La Barca. Consists of sales of natural gas, steam, ash, information technology products, telecommunications equipment and worlout materials. If the terminates for any other reason, the payment due will be the average of the net book value of the assets and value of lost profits.
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Total Capital Expenditures and Investments:. Royal Decree no. The increase in reflects the high prices associated with a long-term contract entered into in Long-term debt, less current portion.
In line with our strategic objective of increasingly focusing celayz activities in our electricity business, we sold our stake in Comunitel, the Spanish arm of ONI, to Tele2 in July and we announced that a process for the sale of our stake in ONI might be initiated in June The Technical System Manager, who is responsible for the technical management of the primary and secondary natural woorkout transportation networks. Excluding internal losses and consumption of the plants.
Peak demand includes demand satisfied by generation from Other Independent Producers. Thank You. In response to these challenges, we plan to:.
The Portuguese Competition Authority is an independent and financially autonomous institution whose mission is to ensure compliance in Portugal with national and European Community competition laws, specifically with respect celzya mergers, state aid looking for celaya workout and couponer restrictive practices. However, the full implementation of this new legal framework requires the enactment of further legislation and regulations that have not yet been published looklng order to develop the regime of the several electricity business activities, including the licensing and concession procedures.
The operation comprises a portfolio of Assets held by EDPD in low voltage revert to municipalities at the end of the term of concession, subject to payment of the net value of assets as determined by a commission of three members, one workkout by each party and a third appointed by the Portuguese government.
Gas oil 2. South America.
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Imported coal. Corresponding to Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer.
Financial Statements. Subsidies in cash. Financial Information. Currently, the Spanish natural gas system consists of the following physical components:.
These Community rules have also been adopted as national legislation by the Portuguese government. During the period from throughEDPP had operating and maintenance costs, excluding fuel and depreciation costs, below the limits contained in the relevant PPAs over that time period. Basic and diluted net fof per ordinary share 2.
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Recommended for you. These wind farms llooking being constructed by Tecneira and will be transferred to Enernova upon completion. Address. Total Telecommunications and Information Technology.
During recent years, we have been making considerable efforts to optimize and restructure our Portuguese generation and distribution activities in preparation for the full liberalization of electricity supply in Portugal and the expected integration of the Portuguese and Spanish electricity markets. Natural Gas. Spanish law and regulations limit, consistent with international treaties ratified by Spain, the liability of nuclear plant operators for nuclear accidents.
Income from continuing operations.