Sustainability Report ENEVA 2020 slide image

Sustainability Report ENEVA 2020

6.1 INDUSTRY SCENARIO ELECTRICITY Demands for electricity dropped in 2020 due to Covid-19 impacts and the consequent imposition of lockdowns. Economic and industrial activities were shut down especially in the beginning of the pandemic. Only in the last four months did consumption recover to pre-pandemic levels. Energy auctions scheduled for 2020 were canceled with the exception of the A-1 Existing Energy Auction. The year was also marked by different hydrological phases. The first few months were partially favorable due to water accumulation in the main reservoirs of the National Interconnected System (SIN) and consecutive periods of low difference settlement prices (PLDs). Unfavorable throughout the second half, the SIN even had some weeks of PLDs at the regulatory ceiling. Following the resumption of consumption, the national system operator (ONS) partnered with the electricity sector monitoring committee (CMSE) to utilize thermoelectric plants in order to maintain national energy security. Although thermal dispatch was lower for most of 2020, the consolidated result was higher than 2019. 600 450 300 150 PLD 2020 R$/MWH SE S ■NE N 16 12 4 THERMAL DISPATCH GWm 2019 2020 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC ABOUT LETTER FROM ABOUT FIGHTING THIS REPORT MANAGEMENT ENEVA COVID-19 INTELLECTUAL & ORGANIZATIONAL CAPITAL SOCIAL & MANUFACTURED HUMAN NATURAL CAPITAL CAPITAL RELATIONSHIP CAPITAL CAPITAL FINANCIAL CAPITAL APPENDICES GRI CONTENT INDEX SASB CONTENT INDEX SUSTAINABILITY REPORT ENEVA 2020 PAGE 53
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