EL5-Energo publishes operating results for the 4q and 2022 full year

Moscow, February 02, 2023 - PJSC EL5-Energo published its operating results for the fourth quarter and full year of 2022.

In 2022 gross power production and net power output decreased by approximately 4% y-o-y due to the following factors:

  • A high base of 2021, when the company increased its net power output by 18% y-o-y on the backdrop of a significant growth of electricity consumption due to the recovery of economic activity after the easing of COVID-19 restrictions, as well as favorable weather conditions.
  • Reduction of conventional units load by the System operator, mainly at Konakovskaya GRES, in the context of y-o-y stagnation in electricity consumption in Central Russia, as well as a significant increase of nuclear power plants output in 2022 compared to 2021.

The abovementioned factors were partly offset by an increase in power production and net power output of the company's wind farms on the backdrop of the Azovskaya wind power plant load throughout 2022 full year (compared to 8 months in 2021), as well as the commissioning of the first stage (170 MW) of the Kolskaya wind farm in December 2022.

 

Gross power production 

 

2022

 

2021

 

Δ yoy

 

4Q 2022

Power Plant

GWh

% weight

 

GWh

% weight

 

%

 

GWh

Konakovskaya GRES

6,536

30.2%

 

7,448

33.0%

 

-12.2%

 

1,453

Nevinnomysskaya GRES

7,689

35.5%

 

7,965

35.3%

 

-3.5%

 

2,170

Sredneuralskaya GRES

7,125

32.9%

 

6,992

31.0%

 

1.9%

 

1,938

Azovskaya WPP

268

1.2%

 

156

0.7%

 

71.6%

 

77

Kolskaya WPP

42

0.2%

 

-

-

 

-

 

42

EL5-Energo

   21,661

      100.0%

       

22,562

      100.0%

      

   -4.0%

 

5,681

 

Net power output

 

2022

 

2021

 

Δ yoy

 

4Q 2022

Power Plant

GWh

% weight

 

GWh

% weight

 

%

 

GWh

Konakovskaya GRES

6,250

30.5%

 

7,137

33.4%

 

-12.4%

 

1,387

Nevinnomysskaya GRES

7,297

35.6%

 

7,569

35.4%

 

-3.6%

 

2,059

Sredneuralskaya GRES

6,679

32.5%

 

6,544

30.6%

 

2.1%

 

1,810

Azovskaya WPP

254

1.2%

 

148

0.7%

 

71.7%

 

73

Kolskaya WPP

40

0.2%

 

-

-

 

-

 

40

EL5-Energo

    20,520

     100.0%

       

21,399

     100.0%

        

-4.1%

 

5,369

  

Heat sales in 2022 remained practically unchanged y-o-y. The positive dynamics of the 4Q against the backdrop of lower temperatures compared to the average figures offset the negative dynamics of the first three quarters of 2022.

   

Heat sales

 

2022

 

2021

 

Δ yoy

 

4Q 2022

Power Plant

th Gcal

% weight

 

th Gcal

% weight

 

%

 

th Gcal

Konakovskaya GRES

196

4.8%

 

194

4.8%

 

1.0%

 

59

Nevinnomysskaya GRES

1,583

39.0%

 

1,535

37.9%

 

3.1%

 

483

Sredneuralskaya GRES

2,277

56.1%

 

2,319

57.3%

 

-1.8%

 

817

EL5-Energo

4,056

     100.0%

     

4,049

      100.0%

       

0.2%

 

1,360

EL5-Energo publishes operating results for the 4q and 2022 full year

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