The Gazprom Group is the leader of the Russian power market in terms of aggregate installed electric and thermal capacity. As of early 2017, the Group’s generating assets totaled:
- 40,249 MW of installed electric capacity;
- 68,028 Gcal/h of installed thermal capacity.
Gazprom accounts for about 17 per cent of all electric power generated in Russia.
Gazprom is Russia’s largest owner of power generating assets. CCGT-220 power unit of CHPP-12 operated by Mosenergo
Gazprom’s core generating assets are consolidated in the Gazprom Energoholding subsidiary company, the majority shareholder of Mosenergo, TGC-1, MOEK, and OGK-2.
Gazprom Group’s generating assets as of December 31, 2016
|Installed electric capacity, MW||Installed thermal capacity, Gcal/h|
|Other generating assets in Russia and abroad||1,380||2,172|
The Group’s generating assets also include the Novo-Salavatskaya CHPP, the fifth power generating unit of the Hrazdan TPP in Armenia, and other facilities in Russia and abroad.
Generating assets of Gazprom Energoholding as of December 31, 2016
Power and heat generation
In 2016, the Gazprom Group produced 156.8 billion kWh of electricity and 125.6 million Gcal of heat in Russia.
Electricity produced by Gazprom Group’s generating companies in Russia, billion kWh
Thermal power produced by Gazprom Group’s generating companies in Russia, million Gcal
Power and heat marketing
In 2016, the Gazprom Group sold 170.9 billion kWh of electricity and 99.7 million Gcal of heat, with the overall net revenue (exclusive of VAT) totaling RUB 481.7 billion.
Gazprom Group’s net revenue from power and heat sales (exclusive of VAT and similar levies), RUB billion
|Former Soviet Union||5.6||2.2||2.5||2.5||2.5|
|Other international markets||11.2||11.0||15.4||19.1||17.3|
The Gazprom Group is one of the largest investors in Russia’s power industry. Upon bringing the Grozny TPP into operation in 2018, Gazprom Energoholding will complete the ambitious investment program aimed at building new CSA-based generating capacities. Thus, Russia’s power generating assets will add a total of 8.9 GW as a result of CSA programs implemented by the Group in the period from 2007 through 2018, while the investment program will add up to about RUB 450 billion (including VAT).
In 2016, Gazprom put into operation 1,090 MW of new generating capacities in Russia:
- for OGK-2 – the STU-660 power unit (660 MW) at the Troitsk SDPP and the STU-330 power unit (330 MW) at the Novocherkassk SDPP;
- for TGC-1 – two power units for a 100 MW gas turbine at the Central CHPP.
The Group’s capital investments in power and heat production and marketing totaled RUB 63.5 billion in 2016.
Most of the investments were used to build new power generating units at the Novocherkassk, Troitsk and Grozny SDPPs operated by OGK-2 and the Central CHPP operated by TGC-1.