Enel Russia shows strong Y2021 operating results thanks to favorable market environment

Moscow, February 3rd, 2022 – PJSC Enel Russia releases its operating data for the fourth quarter and the full year of 2021.

 

“The Enel Russia’s 2021 operating results showed a positive dynamic backed by favorable weather conditions and growing electricity demand. Additionally, our new KWh of renewable energy contributed to the company’s output showing a very strong dynamic”

- Stephane Zweguintzow, General Director of Enel Russia

 

Gross power production

 

FY 2021

 

FY 2020

 

Δ yoy

 

4Q 2021

Power plant

GWh

%
Weight

 

GWh

%
Weight

 

%

 

GWh

Konakovskaya GRES

7,448

33.0%

 

6,086

31.8%

 

22.4%

 

1,845

Nevinnomysskaya GRES

7,965

35.3%

 

6,612

34.6%

 

20.5%

 

2,231

Sredneuralskaya GRES

6,992

31.0%

 

6,416

33.6%

 

9.0%

 

1,582

Azovskaya WPP

156

0.7%

 

0

0.0%

 

NA

 

71

Enel Russia

22,562

100.0%

 

19,114

100.0%

 

18.0%

 

5,730

               
     

 

Net power output

 

FY 2021

 

FY 2020

 

Δ yoy

 

4Q 2021

Power plant

GWh

%
Weight

 

GWh

%
Weight

 

%

 

GWh

Konakovskaya GRES

7,137

33.4%

 

5,821

32.2%

 

22.6%

 

1,773

Nevinnomysskaya GRES

7,569

35.4%

 

6,273

34.7%

 

20.7%

 

2,123

Sredneuralskaya GRES

6,544

30.6%

 

5,995

33.1%

 

9.2%

 

1,464

Azovskaya WPP

148

0.7%

 

0

0.0%

 

NA

 

68

Enel Russia

21,399

100.0%

 

18,088

100.0%

 

18.3%

 

5,428

                       

 

  • Net power output showed strong positive dynamics in 2021 compared to last year’s figures mostly due to increased electricity demand in the areas of Enel Russia’s operations, backed by rebound in economic activity compared to 2020 and supported by favorable weather conditions during the year. Additionally, following the launch of Azovskaya wind power plant, contributed to further growth of our electricity output levels.

Gas power plants increased the output by 17,5% due to stable higher loading by the System Operator compared to the previous year.

Going into more details, all Enel Russia’s gas power plants showed positive dynamics, and in particular:

- Konakovskaya and Nevinnomysskaya power plants showed exceptionally strong numbers with substantially growing net power output (by +22.6% and +20.7% respectively), which was mostly driven by strong demand in the energy system thanks to favorable operating environment (e.g. less hydro production in European part of Russia in 2021 compared to 2020).

- Sredneuralskaya power plant also posted solid output results (+9.2%) with a certain impact of planned maintenance activities of highly utilized CCGT unit, which took place in 4Q 2021.

Wind power plant (Azovskaya) started to positively contribute to the total production figures from 2Q 2021.

Heat sales

 

FY 2021

 

FY 2020

 

Δ yoy

 

4Q 2021

Power plant

th Gcal

%
Weight

 

th Gcal

%
Weight

 

%

 

th Gcal

Konakovskaya GRES

194

4.8%

 

184

4.8%

 

5.6%

 

60

Nevinnomysskaya GRES

1,535

37.9%

 

1,511

39.6%

 

1.6%

 

457

Sredneuralskaya GRES

2,319

57.3%

 

2,117

55.5%

 

9.6%

 

782

Enel Russia

4,049

100.0%

 

3,812

100.0%

 

6.2%

 

1,300



  • Heat sales also followed the positive trend during 2021 and grew by 6.2%, mostly due to colder temperatures during 1Q and 4Q 2021 compared to the last year figures, with all three gas power plants showing strong heat sales dynamics. 

Enel Russia shows strong Y2021 operating results thanks to favorable market environment

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