Enel Russia releases 2017 operating results

Moscow, January 29th, 2018 – PJSC Enel Russia has published its 2017 operating results.


 

2017

2016

Change

Net power output (GWh)

39,830

41,062

-3.0%

Power sales (GWh)

45,575

47,325

-3.7%

Heat sales (thousands of Gcal)

5,204

5,581

-6.8%



“Our company’s operating results for 2017 were mostly impacted by external factors, while our effective operational management allows us to confirm our guidance for the corresponding 2017 financial results to be disclosed in March”

– Carlo Palasciano Villamagna, General Director of Enel Russia


Net power output decreased, relating to mixed dynamics affecting Enel Russia’s power plants, in particular:

  • Konakovskaya’s output dropped by 15%, affected by higher production of nuclear facilities in the Central region;
  • Sredneuralskaya’s output decreased by 10%, mainly attributable to lower equipment use by the System Operator, caused by overcapacity in the Urals region;

This decrease was partially offset by the following factors:

  • Nevinnomysskaya’s output recovered by 5%, which was explained by the CCGT unit being in maintenance during the first three months of 2016, as well as by higher equipment use by the System Operator, due to increased demand in Southern Russia in 2017;

Reftinskaya’s output grew by 2%, reflecting the difference in the schedule of maintenance between 2016 and 2017.

Power sales were down in connection with the abovementioned decline in net power output.

Heat sales were down mainly due to higher average temperature in the 2017 winter season and a reduction in the volumes purchased from Sredneuralskaya.

Enel Russia releases 2017 operating results

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