09 October, 2011

Industry leaves the energy

In July-September 2011 the first major increase in electricity production in Russia has provided its own generation industries. This may mean that large consumers from high energy prices are moving towards self-sufficiency. Although the state acknowledged the existence of such a risk at the beginning of the year, this problem has not yet appeared.

The threat of withdrawal of large consumers of electricity services from a single national grid (UNEG), it seems, begins to put into practice. According to the "System Operator", power industry (blokstantsii), intended mainly for power production capacity in the last three months have dramatically increased the production of electricity.

Back in June of this year, production growth at relatively blokstantsiyah June 2010 was 2.9%, which was comparable to the overall increase in output in the integrated power system (2.1%). But then the growth rate of industrial enterprises in power generation began well ahead of all-Russian level. In July, showed an increase blokstantsii about last year's figures by 6.3% (on a uniform grid as a whole - 2.6%). In August and September of power generation in industrial power was 9% higher than in 2010, while production in the power system has grown rather slowly - 0.9% in August and 4.6% in September. Currently, the share of generation industries of Russia's production is already approaching 6%.

These figures are particularly significant in light of the fact that consumption growth in the Russian economy has recently slowed down. In September, the Russian electricity demand relative to last year's performance grew by only 0.7% in August - by 0.4%. In the first half of 2011, consumption has demonstrated a much better dynamics, rising in comparison with 2010 by 1.5%.


At the same time until the summer of 2011 production at the power dynamics of industrial enterprises remained roughly the same level as that in whole Russia. As a result, for the first nine months of production growth in blokstantsiyah comparable to the rate of growth in output of thermal power plants belonging to the energy companies - 4.2% vs 3.1%, respectively. Note that it is the thermal power generation companies and the industry has provided during this period the main increase production. Nuclear power stations to maintain the level of last year (an increase of only 0.7%) and hydroelectric power stations, depending on water availability, reduced production by 3.1%. In the 2010 Indicators of industrial enterprises stations, however, lagged behind the nationwide: last year blokstantsii increased production by 2.2%, while total generation EEC rose by 4.6%.

On the possible transition of industry to self-talk is particularly active at the beginning of this year because of soaring energy prices. Already in February, Vladimir Putin at a government meeting raised the question of what the final price of electricity rose by more than the planned 15%. Then, using manual control of the government cut income energy company, which is somewhat lowered prices. In March, the high prices of electricity, because of which the construction of its own generation for the industry becomes more profitable to work in the UNEG, indignant and President Dmitry Medvedev. Ministry of Energy is also studying the problem of transition of industrial enterprises to their sources of energy (see "Kommersant" on 26 July), but no solutions.

But, according to senior analyst FK "Opening" Sergei Beida, while talking about a sustainable upward trend in domestic production of electricity at power industrial plants early. He notes that the thermal generation of energy companies also increases the production of compensating and stable indicators of nuclear decline of hydropower. In addition, Mr. Beyden adds that now directly visible price signals in the transition to his own generation is not: the wholesale electricity market prices are close to last year. Nevertheless, one of the main factors contributing to the final price of electricity is increasingly recognized as not the wholesale market situation and high rates of network companies.

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