GAZPROM IN POWER GENERATION
Denis Fyodorov Head of Directorate for Power Sector Development and Marketing in Power Generation of Gazprom, Director General of Gazprom energoholding
MEETING OF GAZPROM’S TOP EXECUTIVES WITH CHIEF EDITORS OF RUSSIAN REGIONAL MASS MEDIA, 12.12.2011 Performance
Generation volumes Power energy, billion Thermal energy, million KWh Gcal 64.3 62.4 61.7 65.4 65.0 69.9 65.0 68.0
26.9 23.9 26.7 24.5 27.2 26.4 29.0 25.0
49.8 47.2 47.6 47.9 2.3 2.4 2.4 2.3
38.9 29.0 34.9 35.3 4.4 4.4 4.4 4.3
2008 2009 2010 2011 ESTIMATE Source: Corporate data
2 GAZPROM IN POWER INDUSTRY Geography Gazprom unites 3 generating companies: Mosenergo, TGC-1, and WGC-2 (merged with WGC-6 on November 1, 2011) – total of 37 thermal power plants, and more than 40 hydro power plants Presence covers areas from southern Russia to Siberia Total installed capacity Gazprom energoholding, 17% 37 GW Pskov SDPP TGC-1 2 2 Kirishi SDPP Other, 83%
2 Cherepovets SDPP Output in 2010 Mosenergo 2 Gazprom Ryazan SDPP Surgut SDPP-1 energoholding, Gazprom energoholding, 8% Serov SDPP 2 2 17% 175 billion KWh 107 million Gcal Novocherkassk SDPP 2 Other, Other, 83% 92% Adler CHPS 2 Troitsk SDPP 2 2 Stavropol SDPP Fuel consumption: Krasnoyarsk SDPP-2 2 • Natural gas – 43 billion m3 annually Total employment – more than 26,000 workers • Coal – 17.5 million tons annually
3 GAZPROM IN POWER INDUSTRY Construction of New Generating Capacities
– Company is successfully implementing its investment program to build new generating capacity – By 2015, new capacity will generate up to 40-50% of Company’s gross revenues – Cost of investment projects in Russian regions (except for Moscow and St. Petersburg) is approximately RUB 190 billion.
Capacity commissioned under CSA, GW Growth in gross profits after project implementation by 2015, RUB billion Capacities 3 commissioned under the CSA + 42% 41
34 6 138 97 Existing capacities Capacities to be commissioned under CSA Old capacities New CSA Total Source: corporate data capacities
4 GAZPROM IN POWER INDUSTRY Key Projects: ADLER CHPS and Kirishi SDPP
After commissioning Adler CHPS will supply power to Retrofitting of Kirishi SDPP – innovative project to Olympics Venues enhance existing steam turbine with two gas turbines
Power unit capacity 360 MW Power unit capacity 800 MW
New workplaces 200 persons New workplaces 150 persons
RUB 490 RUB 420 Increase in tax revenues Increase in tax revenues million /year million/year Reduced emissions of СО 950,000 tons/year Reduced emissions of СО2 380,000 tons/year 2
5 GAZPROM IN POWER INDUSTRY Key Projects: Serov SDPP and Cherepovets SDPP
Serov SDPP project is to replace obsolete and worn out New capacity in Cherepovets SDPP will stop power equipment shortages in region
Power unit capacity 420 MW Power unit capacity 420 MW
New workplaces 200 persons New workplaces 200 persons
RUB 490 RUB 530 Increase in tax revenues Increase in tax revenues million/year million/year
Reduced emissions of СО2 550,000 tons/year Reduced emissions of СО2 480,000 tons/year
6 GAZPROM IN POWER INDUSTRY Key Projects: Novocherkassk SDPP and Troitsk SDPP
Upgrading of Novocherkassk SDPP is the only CSC New capacity in Troitsk SDPP will replace old capacity project in Russia and reduce power shortages in the region
Power unit capacity 330 MW Power unit capacity 660 MW
New workplaces 200 persons New workplaces 350 persons
RUB 500 RUB 950 Increase in tax revenues Increase in tax revenues million/year million/year
Reduced emissions of СО2 90,000 tons/year Reduced emissions of СО2 270,000 tons/year
7 GAZPROM IN POWER INDUSTRY Corporate Development – Gazprom energoholding combines its organic growth strategy with asset purchasing – Under its growth strategy, Gazprom energoholding has merged assets of WGC-2 and WGC-6, resulting in largest thermal generation business in Russia – After merger with IES, Gazprom will rank 5th in Europe by generation outputs Merger of WGC-2 and WGC-6 Merger with IES Capacity of Russian companies, GW Capacity of European companies, GW
RusHydro 25 EDF 127 Rosenergoatom 24 WGC-2 and WGC-6 18 Enel 94 Irkutskenergo 13 E.ON 74 Mosenergo 12 WGC-1 10 GDF Suez 68 WGC-6 9 Gazprom 53 WGC-4 9 energoholding +IES Enel WGC-5 9 Endesa 47 The united company SUEK (TGC-1,2,13) 9 RWE 43 will join Europe’s top WGC-2 9 five power producers WGC-3 8 Iberdrola 43 Volzhsk TGC 7 Gazprom 37 TGC-1 5 energoholding Source: corporate data
8 GAZPROM IN POWER INDUSTRY THANK YOU FOR YOUR ATTENTION!
MEETING OF GAZPROM’S TOP EXECUTIVES WITH CHIEF EDITORS OF RUSSIAN REGIONAL MASS MEDIA, 12.12.2011