Indicator: gri 2-6

Activities, value chain and other business relationships

The Company’s activities are distributed between Brasília (DF), where its administrative headquarters are located; Altamira (PA), core municipality in the project’s region; and Vitória do Xingu (PA), where important plant structures are located. The project has direct influence on five municipalities: Altamira, Anapu, Brasil Novo, Senator José Porfírio and Vitória do Xingu; and indirect influence over six municipalities: Gurupá, Medicilândia, Pacajá, Placas, Porto de Moz and Uruará, all in the state of Pará.

Established as a special purpose company, the company obtained the concession in 2010 and received a license from the Brazilian Institute of Environment and Renewable Natural Resources (Ibama) to start generating energy in 2015. The term of management of the plant by Norte Energia is 35 years, extended for a further 319 days by the third Amendment to the agreement, starting in August 2010.

Specifically regarding the Belo Monte HPP, according to data from the National Electric System Operator (ONS), the HPP generated a total of 31,521 GWh. It was responsible for meeting approximately 6% of the country’s total generation capacity and 10% of the generation capacity of all hydroelectric plants. Serving over 60 million people with its maximum generation capacity, from all regions.

Most of the energy (70%) is traded in the regulated market with Energy Trading Agreement in Regulated Environment (CCEAR) for 26 states and the Federal District through 45 distributors; 10% for self-producers, direct or indirect partners of Norte Energia; and 20% for hydrological risk management (GSF) and energy trading in the free market.

Throughout 2023, we actively positioned ourselves in the free energy market, which resulted in the sale of 28,029 GWh in the ACR, 4,004 GWh to self-producers and company partners and 7,967 GWh in the free market. Due to the need to manage hydrological risk, we also purchased energy on the free market in the amount of 1,891 GWh.

The organization also carries out social responsibility actions, with emphasis on the following: Belo Monte Empreende Program, Belo Monte Community, Permear Project and Xingu Sustainable Regional Development Plan.

In order to support the Belo Monte Complex’s operation and maintenance projects, energy sales and the execution of socio-environmental and sustainability actions, we manage a large suppliers’ base. We ended 2023 with a base of 2,508 active suppliers. During the period, 814 new registrations were made, as well as 2,753 updates and 2,309 deactivations. The permanence of suppliers in Norte Energia’s active base is subject to technical performance and adherence to the company’s regulations. Service agreements with suppliers in the state of Pará represent 30% of spending on suppliers in 2023.