Global Leader in Hydro Power and Aluminium
Overview of Siberian Hydro Power Environment
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• The Siberian federal district is one of the main industrial regions in Russia with a focus on oil and gas, metallurgy and engineering, and
contributes approximately 10% of Russia's total GDP
• A unique feature of the Siberian Integrated Power System (IPS) is the significant role of HPPs in both the structure of installed electricity capacity
and electricity output - 49% and 50%, respectively
• In the Siberian IPS zone, electricity spot prices are effectively determined by the production costs of the least efficient coal-fired generation
plant, with HPPs acting as price takers
• One of the major factors that exerts significant influence on price in the medium term is the water inflow to Siberian HPPS, which determines
the availability of low-cost hydro power for the wholesale market
Capacity structure in the Siberian price zone in Russia
SPP
0.1%
Competitive landscape
Installed capacity in 2019
(GW)
18.91
CHP
51.1%
HPP
48.8%
10.9
15.0
7.2
3.9
3.0
3.9
En+
СИБИРСКАЯ
ГЕНЕРИРУЮЩАЯ
КОМПАНИЯ
RusHydro
INTER
RAQUES
G3MO
2
БОГУЧАКСКАЯ Гэс
■Thermal
■ Hydro
En+ Group accounts for a 37% power market share in Siberia by total installed capacity, while UC RUSAL aluminum production is an important
contributor to power demand
Source: En+ Group, Companies' public finilings, System Operator, SEEPX Energy, Rosstat. Note: Due to rounding, total may not correspond with the sum of the separate figures.
(1) The Company's assets capacity provided for Siberia only. The Total Company's capacity is 19.5 GW, including 15.1 GW in hydropower. (2) BEMO (Boguchansk HPP) is a 50:50 JV between UC RUSAL and RusHydro. It is operated by RusHydro.
En+ Group overview
Investment highlights
Sustainable business
development
Results snapshot
Power segment
Metals segment
Ent
GROUP
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