6-K 1 elp20180209_6k.htm FORM 6-K elp20180209_6k.htm - Generated by SEC Publisher for SEC Filing
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
FORM 6-K
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
 
For the month of February, 2018
Commission File Number 1-14668
 

 
COMPANHIA PARANAENSE DE ENERGIA
(Exact name of registrant as specified in its charter)
 
Energy Company of Paraná
(Translation of Registrant's name into English)
 
Rua Coronel Dulcídio, 800
80420-170 Curitiba, Paraná
Federative Republic of Brazil
(5541) 3222-2027
(Address of principal executive offices)
 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.  Form 20-F ___X___ Form 40-F _______

 Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.  

Yes _______ No ___X____


 

Notice to the Market – 04/18

Copel Distribuição’s Grid Market grows 4.8% in the fourth quarter

This report analyzes the performance of Copel’s electricity market between October and December 2017, compared with the amounts recorded in the same period of 2016.

Grid Market (TUSD)

Copel Distribuição’s grid market, comprising the captive market, concessionaires and licensees in the state of Paraná, and all free consumers in the Company’s concession area, presented an increase of 4.8% in 4Q17, as shown in the following table:

  Number of Customers / Agreements  Energy Sold (GWh)
  Dec-17  Dec-16  Var. %  4Q17  4Q16  Var. %  2017  2016  Var. % 
Captive Market  4,560,493  4,478,767  1.8  4,865  5,204  (6.5)  19,743  22,328  (11.6) 
Concessionaries and Licensees  6  6  -  160  141  13.3  599  665  (10.0) 
Free Customers ¹  991  620  59.8  2,352  1,694  38.8  8,873  5,274  68.2 
Grid Market  4,561,490  4,479,393  1.8  7,377  7,039  4.8  29,215  28,267  3.4 
¹ All free customers served by Copel GeT, Copel Comercialização and other suppliers at the Copel Distribuição concession area.

 

The result was mainly due to the 5.4% increase in the total consumption of the industrial class in 4Q17, as a result of the improvement in industrial production in the state of Paraná - growth of 4.3% in October and 3.2% in November, in comparison with the same months of 2016. The sectors that contributed most to the increase in energy consumption were: food manufacturing, pulp and papermaking and manufacturing of wood products.

Copel Distribuição

Captive Market

Copel Distribuição’s captive market energy sales totaled 4,865 GWh in the 4Q17, which represents a reduction of 6.5%. This result was influenced by the reduction in consumption of industrial and commercial classes, mainly due to the migration of customers to the free market.

The following table shows captive market trends by consumption segment:

 

 


 

Notice to the Market – 04/18

 

                                                                                                                                                                                                  

 

Number of Customers Energy sold (GWh)
  Dec-17  Dec-16  Var. %  4Q17  4Q16  Var. %  2017  2016  Var. % 
Residential  3,682,009  3,597,105  2.4  1,734  1,724  3.5  7,126  6,932  2.8 
Industrial  76,328  82,021  (6.9)  773  1,149  (34.2)  3,254  5,753  (43.4) 
Commercial  389,844  382,121  2.0  1,102  1,197  (4.5)  4,651  5,059  (8.1) 
Rural  354,829  360,066  (1.5)  513  526  5.7  2,257  2,180  3.5 
Other  57,483  57,454  0.1  607  608  3.0  2,455  2,404  2.1 
Captive Market  4,560,493  4,478,767  1.8  4,729  5,204  (6.5)  19,743  22,328  (11.6) 

 

The residential segment consumed 1,784 GWh between October and December 2017, recording an increase of 3.5% in consumption, due to the 2.4% increase in the number of customers and the higher average monthly consumption (162 kWh in 4Q17 compared to 160 kWh in 4Q16). In 4Q17, the residential consumption was equivalent to 36.7% of the captive market, totaling 3,682,009 consumers.

 

       
Average Consumption (kWh/month)
  4Q17  4Q16  Var.%      
Residential  162  160  0.6 

 

The industrial segment in the captive market registered a fall of 34.2% in the 4Q17, totaling 756 GWh, mainly reflecting the migration of customers to the free market. In 2017, 166 customers left Copel Distribuição's industrial captive market (15 customers only in 4Q17), which would represent an average consumption of, approximately, 360 GWh in the quarter. Therefore, if the effects of customers migration were disregarded, this class would have reduction by 2.9% in 4Q17. At the end of 4Q17, the industrial segment accounted for 15.5% of captive market consumption and had 76,328 consumers.

The commercial segment consumed 1,143 GWh in the 4Q17, a reduction of 4.5% compared to the same period of 2016. This performance was influenced by the migration of 196 customers to the free market in 2017 (28 clients only in 4Q17), which corresponds to an approximate consumption of 104 GWh in the quarter. Excluding the impact of customer migration, this segment would have registered growth of 4.2% in 4Q17. At the end of this quarter, this segment represented 23.5% of the captive market with 389,844 consumers.

Rural segment recorded a 5,7% increase in consumption in the 4Q17, totaling 556 GWh. At the end of December 2017, this segment represented 11.4% of Copel's captive market with 354,829 consumers.

Other segments (government, public lighting, public services and own consumption) totaled 626 GWh consumed between October and December 2017, growth of 3.0%. Together, these classes were equivalent to 12.9% of the captive market with 57,483 consumers at the end of 4Q17.

 

 

 


 

Notice to the Market – 04/18

 

                                                                                                                                                                                                  

Copel’s Consolidated Market

Electricity Sales to Final Customers

Electricity sales to final customers, comprising Copel Distribuição’s sales in the captive market and Copel Geração e Transmissão and Copel Comercialização sales in the free market, fell by 2.0% between October and December 2017.

The table below breaks down energy sales by consumption segment:

 

               
    Energy Sold (GWh)
Segment  Market             
    4Q17  4Q16  Var. %  2017  2016  Var. % 
Residential    1,784  1,724  3.5  7,126  6,932  2.8 
  Total  1,957  2,195  (10.9)  7,691  9,574  (19.7) 
Industrial  Captive  756  1,149  (34.2)  3,254  5,753  (43.4) 
  Free  1,201  1,046  14.8  4,437  3,821  16.1 
  Total  1,201  1,197  0.3  4,848  5,061  (4.2) 
Commercial  Captive  1,143  1,197  (4.5)  4,651  5,059  (8.1) 
  Free  58  -  -  197  2  - 
Rural    556  526  5.7  2,257  2,180  3.5 
Other    626  608  3.0  2,455  2,404  2.1 
Energy Supply    6,124  6,250  (2.0)  24,377  26,151  (6.8) 

 

Total Energy Sold

Total energy sold by Copel in all markets, comprising the sales of Copel Distribuição, Copel Geração e Transmissão, the Wind Farm Complexes and Copel Comercialização, came to 11,442 GWh in 4Q17, representing a increase of 3.9%.

The following table shows Copel’s total electricity sales broken down between Copel Distribuição, Copel Geração e Transmissão, Wind Farm Complexes and Copel Comercialização:

 


 

Notice to the Market – 04/18

 

                                                                                                                                                                                                  

 

  Number of Customers /
Agreements 
Energy Sold (GWh)
 
  Dec-17  Dec-16  Var. %  4Q17  4Q16  Var. %  2017  2016  Var. % 
Copel DIS                   
Captive Market  4,560,493  4,478,767  1.8  4,865  5,205  (6.5)  19,743  22,328  (11.6) 
Concessionaries and Licensees  3  4  (25.0)  130  130  -  521  614  (15.1) 
CCEE (MCP)  -  -  -  161  1,359  (88.2)  2,008  3,611  (44.4) 
Total Copel DIS  4,560,496  4,478,771  1.8  5,156  6,694  (23.0)  22,272  26,553  (16.1) 
Copel GeT                   
CCEAR (Copel DIS)  1  1  -  23  42  (45.2)  86  158  (45.6) 
CCEAR (other concessionaries)  27  39  (30.8)  218  672  (67.6)  838  3,347  (75.0) 
Free Customers  52  40  30.0  1,001  1,046  (4.3)  3,860  3,823  1.0 
Bilateral Agreements ¹  37  30  23.3  2,248  1,886  19.2  8,504  7,682  10.7 
CCEE (MCP) ²  -  -  -  1,307  367  256.1  4,657  1,762  164.3 
Total Copel GeT  117  110  6.4  4,797  4,013  19.5  17,945  16,772  7.0 
Wind Farms Complex                   
CCEAR (other concessionaries)  112  112  -  213  212  0.5  840  842  (0.2) 
CER  3  3  -  90  90  -  357  358  (0.3) 
Total Wind Farm Complex  115  115  -  303  302  0  1,197  1,200  (0.2) 
Copel Comercialização                   
Free Customers  139  -  -  258  -  -  774  -  - 
Bilateral Agreements  53  -  -  920  -  -  1,882  -  - 
CCEE (MCP) ²  -  -  -  8  -  -  18  -  - 
Total Copel Comercialização  192  -  -  1,186  -  -  2,674  -  - 
Total Copel Consolidated  4,560,920  4,478,996  1.8  11,442  11,009  3.9  44,088  44,525  (1.0) 
Note: Not considering the energy from MRE (Energy Relocation Mechanis m).
¹ Includes Short Term Sales Agreements .
² As s ured Power a llocated 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: Agreements Reserve Energy. 

 

 

 

Curitiba, February 09, 2018.

 

 

 

 

 

Adriano Rudek de Moura
Chief Financial and Investor Relations Officer

 

 

 

 

 

For further information, please contact the Investor Relations team:
ri@copel.com or (41) 3222-2027
                                                                                                                                                                                                                       

 

 

 

 

 

 
SIGNATURE
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date February 9, 2018
 
COMPANHIA PARANAENSE DE ENERGIA – COPEL
By:
/S/  Antonio Sergio de Souza Guetter
 
Antonio Sergio de Souza Guetter
Chief Executive Officer
 
 
FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.