Semik Electric: A leader in Brazil's energy sector

CEMIG, one of the major power groups in Brazil, not only occupies an important position in the domestic market, but is also well-known internationally for its excellent operational capabilities and sustainable development achievements. As a comprehensive energy company integrating power generation, transmission and distribution, CEMIG provides stable and reliable power supply to many states in Brazil and serves free customers through its innovative business model. In addition, the company's active performance in the capital market has also made it the focus of investors' attention - it is listed on the Sao Paulo Stock Exchange (B3), the New York Stock Exchange (NYSE) and the Madrid Stock Exchange.

It is worth mentioning that Semik Power has been selected for the Dow Jones Sustainability Index (World DJSI) for 12 consecutive years, which fully demonstrates its outstanding contribution in environmental, social and governance (ESG). In the 2014 Forbes Global 2000 ranking, Semik ranked 914th, demonstrating its comprehensive strength and influence in the world.

This article will explore in depth Semik Power's business model, development history, technological innovation, sustainable development strategy and its role in the global energy sector, helping readers fully understand this leading company in Brazil's energy industry.

Semik Power Company Business Overview

Semik Power was founded in 1956 and is headquartered in Belo Horizonte, the capital of Minas Gerais State in southeastern Brazil. As a vertically integrated energy company, Semik Power covers the entire industrial chain from power generation to transmission and distribution. This integrated operation model gives the company significant advantages in cost control, efficiency improvement and customer service.

In the field of power generation, Semico Power owns and operates a series of hydropower stations, thermal power stations and wind power generation facilities with a total installed capacity of more than 17,000 megawatts, accounting for nearly 10% of Brazil's total power generation. These power generation assets are widely distributed, able to meet the power needs of different regions, while also ensuring the diversity and stability of power supply.

In the field of power transmission, Semik Power manages a large high-voltage transmission network with a total length of more than 20,000 kilometers. The network connects the power systems of multiple states in Brazil and provides key infrastructure support for inter-regional power transmission. Through advanced technology and strict maintenance standards, Semik Power ensures low losses and high reliability during the transmission process.

In the field of power distribution, Semico Electric is one of the largest power distribution operators in Brazil, providing services to approximately 8 million users. Its power distribution network covers Minas Gerais and other surrounding areas, delivering more than 60 terawatt-hours of electricity each year. In order to improve user satisfaction and power experience, Semico Electric continuously optimizes its power distribution system and adopts smart grid technology to achieve more accurate and efficient power distribution.

In addition to the traditional power supply business, Semik Power is also actively expanding into value-added services, such as providing customers with energy management solutions, energy-saving consulting and technical support, etc. These services not only enhance customer stickiness, but also open up new sources of income for the company.

Capital Market Performance and International Recognition

As a public listed company, Semik Power has an outstanding performance in the capital market. Its shares are traded on the Sao Paulo Stock Exchange (B3), the New York Stock Exchange (NYSE) and the Madrid Stock Exchange, attracting investors from all over the world. This multi-market listing strategy not only enhances the company's visibility, but also provides it with more financing channels.

In terms of financial performance, Semik Power has maintained a steady growth momentum. In recent years, despite the challenges brought about by global economic fluctuations and energy industry transformation, the company has achieved sustained growth in revenue and profits, thanks to its diversified product portfolio, efficient operational management and keen insight into emerging markets.

Semik Power has also been highly praised by the international community for its outstanding performance in sustainable development. Since 2009, the company has been selected for the Dow Jones Sustainability Index (World DJSI) for 12 consecutive years, becoming one of the few companies in the world to have maintained this honor for a long time. The Dow Jones Sustainability Index is considered an authoritative indicator for measuring corporate performance in terms of environment, society and governance (ESG). The inclusion in the index shows that Semik Power has made significant achievements in these areas.

In addition, Semik Power ranked 914th in the 2014 Forbes Global 2000 list. This ranking takes into account the company's revenue, profit, asset size and market value, further verifying its leading position in the global energy industry.

Technological innovation and digital transformation

In today's rapidly changing energy industry, technological innovation has become the core driving force for companies to maintain their competitiveness. Semik Power Company deeply understands this and actively invests resources in technology research and development and application promotion. By introducing advanced digital technologies, the company not only improves operational efficiency, but also brings customers a more convenient and personalized service experience.

First, in the field of power generation, Semik Power Company has adopted intelligent monitoring systems to monitor the operating status of power generation equipment in real time. These systems can automatically detect abnormal conditions and issue alarms, thereby reducing the possibility of failure and maintenance time. In addition, the company has installed automated control systems in some hydropower stations to achieve optimal utilization of water resources and improve power generation efficiency.

Secondly, in the field of power transmission and distribution, Semik Power Company has vigorously promoted the construction of smart grids. By deploying a large number of sensors and data acquisition devices, the company can collect grid operation data in real time and use big data analysis technology to process and interpret it. This data-driven decision-making method makes grid dispatch more flexible and efficient, while also reducing power loss and failure rate.

Finally, in terms of customer service, CEMIG Electricity has developed a mobile application called "CEMIG Mobile". This application allows users to check bill information, pay electricity bills, report faults and obtain various energy-saving suggestions online. With its simple and easy-to-use interface and rich functions, "CEMIG Mobile" is very popular among users and has been downloaded more than one million times.

In addition to the above specific measures, Semik Power has also established a dedicated technology research and development center dedicated to exploring cutting-edge topics such as new energy technologies, energy storage solutions, and the application of blockchain in energy trading. These efforts not only consolidate the company's leading position in the field of technology, but also lay a solid foundation for future development.

Sustainable development strategy and social responsibility

As a responsible corporate citizen, Semik Power has always regarded sustainable development and social responsibility as an important part of its core values. The company has taken a series of practical and effective actions in environmental protection, community participation and employee care, striving to achieve the coordination and unity of economic benefits, social benefits and ecological benefits.

In terms of environmental protection, Semik Power insists on implementing green energy strategy and continuously increasing the proportion of renewable energy in its total power generation. So far, the company has invested in the construction of several large wind farms and solar power stations, and it is expected that by 2030, its renewable energy installed capacity will reach more than double the current level. In addition, the company is also actively involved in forest protection projects, offsetting carbon emissions through afforestation and ecological restoration activities, and striving to achieve carbon neutrality goals.

In terms of community participation, Semik Power actively carries out public welfare undertakings and provides education, medical care and cultural support to local residents. For example, the company has funded the establishment of a number of vocational training schools to provide young people with relevant skills training such as electricians and mechanical maintenance. At the same time, it also cooperates with local governments to carry out health check-up activities and provide medical services to residents in remote areas. These measures not only improve the living conditions of local people, but also help strengthen the connection between the company and the community.

In terms of employee care, Semik Power Company focuses on creating a safe and harmonious working environment, regularly organizes safety training and mental health counseling activities to ensure the physical and mental well-being of employees. At the same time, the company has also implemented a flexible work system and performance reward mechanism to motivate employees to maximize their potential. Through these measures, Semik Power Company has successfully built a high-quality professional team, providing talent guarantee for the long-term development of the company.

Future prospects of Semik Power Company

Looking ahead, Semik Power will continue to uphold the concept of innovation-driven and sustainable development and strive to become a leading global energy solution provider. With the gradual recovery of the Brazilian and even Latin American economies, and the increasingly obvious trend of the global energy structure shifting towards low-carbonization, Semik Power is facing unprecedented development opportunities.

In the short term, the company will focus on the following areas: first, accelerate the construction of smart grids and digital transformation to further improve operational efficiency and service quality; second, increase investment in renewable energy projects, optimize the power structure, and reduce carbon emissions; third, deepen cooperation with governments, enterprises, and communities to jointly promote reform and development of the energy industry.

In the medium and long term, Semik Power plans to expand into the international market, especially to find partners in other developing countries to export its mature management model and technical experience. At the same time, the company will also actively explore business opportunities in emerging fields such as hydrogen energy and energy storage to fully prepare for the future energy revolution.

In short, Semik Power is moving towards a brighter future with its strong strength, clear strategy and firm belief. The company will continue to play an important role in contributing to the sustainable development of human society both in Brazil and around the world.

For more information about CEMIG, please visit its official website: www.cemig.com.br .