FEDERAL HYDRO-GENERATING COMPANY - RUSHYDRO Heat output by thermal plants of RAO ES East Subgroup in the fourth quarter of 2020 came in at 10,243 GCal, in 2020 - 29,358 GCal, a decline of 4.3% and 0.5% respectively as compared to 2019.
Heat output by thermal plants of RAO ES of the East Subgroup, '000 GCal
4Q'20 4Q'19 chg, % 2020 2019 chg, %
JSC DGK incl. 7,146 7,311 -2.3% 19,964 19,812 0.8%
Primorye power system 1,339 1,309 2.3% 4,049 3,802 -19.6%
Khabarovsk power system 4,109 4,327 -5.0% 11,468 11,709 -2.1%
Amur power system 922 930 -0.8% 2,474 2,354 5.1%
South Yakutsk power district 708 744 -4.9% 1,907 1,947 -2.0%
JSC RAO ES East (CHPP Vostochnaya) 274 244 12.4% 846 809 4.6%
PJSC Yakutskenergo 966 1 005 -3.9% 2,550 2,560 -0.4%
UES of East 8,385 8,560 -2.0% 14,974 14,620 2.4%
Yakutsk power system incl. 273 479 -42.8% 1,006 1,234 -18.4%
JSC Sakhaenergo 23 24 -7.0% 66 73 -9.7%
JSC Teploenergoservice 251 454 -44.8% 940 1,161 -19.0%
Kamchatka power system incl. 588 638 -7.8% 1,919 2,000 -4.0%
PJSC Kamchatskenergo 588 610 -3.6% 1,877 1,920 -2.2%
JSC KSEN - 28 - 42 80 -46.9%
Magadan power system 407 406 0.3% 1,238 1,220 1.4%
Chukotka AO power system 105 127 -17.2% 397 414 -4.2%
Sakhalin power system 485 491 -1.3% 1,438 1,454 -1.1%
Isolated power systems 1,858 2,140 -13.2% 5,999 6,322 -5.1%
TOTAL 10,243 10,701 -4.3% 29,358 29,503 -0.5% Electricity retail
Total electricity output by RusHydro Group's energy retail companies in 4Q 2020 decreased by 0.1% to 14,008 GWh as compared to 4Q 2019; in 2020 - decreased by 0.6% to 48,897 GWh. The majority of decrease came on the back of climate factor and implementation of nationwide government measures to contain the COVID-19 virus spread.
In the fourth quarter of 2020, total electricity output by ESC RusHydro subgroup's retail companies, operating in Chuvashia, Ryazan, Krasnoyarsk regions and in the Far East decreased by 1.0% and amounted to 11,531 GWh, in 2020 output decreased by 1.3% and amounted to 40,182 GWh.
Total electricity output by RusHydro's companies located in the isolated energy systems in the Far East Federal District amounted to 2,477 GWh in 4Q 2020, an increase of 5.9% as compared to the same period last year, in 2020 - increased by 2.7% to 8,715 GWh.
Electricity output by RusHydro Group's retail companies, GWh
4Q'20 4Q'19 chg, % 2020 2019 chg, %
PJSC Krasnoyarskenergosbyt 3,310 3,360 -1.5% 11,315 11,880 -4.8%
JSC Chuvash retail company 926 923 0.3% 3,210 3,323 -3.4%
PJSC Ryazan retail company 671 671 -0.01% 2,426 2,499 -2.9%
JSC ESC RusHydro 576 482 19.5% 2,070 1,788 15.8%
PJSC DEK 6,048 6,214 -2.7% 21,161 21,240 -0.4%
Total ESC RusHydro subgroup 11,531 11,650 -1.0% 40,182 40,730 -1.3%
Isolated energy systems (for reference) 2,477 2,338 5.9% 8,715 8,482 2.7%
Total by Group 14,008 13,988 0.1% 48,897 49,212 -0.6% Water inflows forecast
According to the forecast of the Hydrometeorology Center of Russia, the following dynamics of water inflows to the major reservoirs is expected in the 1st quarter of 2021: ? Total water inflows to reservoirs on Volga-Kama cascade are expected above the normal level; ? Inflows to the reservoirs on the rivers Siberia and the Southern Caucasus are at the normal level; ? In the Far East inflows to Zeyskoye and Kolymskoye reservoirs are expected to be above the long-run average.
Hereinafter data is reported excluding Armenia and Primorskaya GRES. On 11.03.2020 RusHydro has finalized divestment of its assets in Armenia to PJSC Hrazdan Power Company (HrazTES, Tashir Group). Primorksaya GRES was sold to SUEK Group in June 2020.
2 The Boguchanskaya hydropower plant is part of the Boguchanskiy Energy and Metals Complex (BEMO), a 50/50 joint venture (JV) between RusHydro and UC RUSAL, and is not part of RusHydro Group. According to RusHydro's shareholding in the JV (50%), the results of the plant are reported in the official financial statements in "Share of results of associates and jointly controlled entities". Operations of the HPP have been put into the press-release for general reference.
3 Data for the Far East excludes Zabaikalskiy krai and Buryatia as RusHydro does not have any operations in those regions.
About RusHydro
RusHydro Group is the leading producer of renewable energy in Russia. It is Russia's largest hydrogenerating company and the fourth in the world with over 400 generating facilities. The Group's total electricity generation capacity including Boguchanskaya HPP is 38.0 GW.
For more information:
Investor Relations Department
Tel. +7 (495) 122 0555 ext. 1304
ir@rushydro.ru
The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially from these statements. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia, rapid technological and market change in our industries, as well as many other risks specifically related to RusHydro and its operations. -----------------------------------------------------------------------------------------------------------------------
ISIN: US7821834048, RU000A0JPKH7 Category Code: MSCM TIDM: HYDR LEI Code: 2534005TJN9DX4YWVT97 OAM Categories: 2.2. Inside information Sequence No.: 92494 EQS News ID: 1164030 End of Announcement EQS News Service =------------------------------------------------------------------------------------
(END) Dow Jones Newswires
January 28, 2021 04:48 ET (09:48 GMT)
