PJSC Inter RAO increased electricity generation by 2.7% in 2022, up to 118.3 billion kWh

PJSC Inter RAO increased electricity generation by 2.7% in 2022, to 118.3 billion kWh (in 2021 - 115.2 billion kWh), according to the company's annual report.

The increase in generation is due to an increase in the composition of the connected generating equipment from a relatively low base in 2021 and a favorable pricing environment, the report explains.

The supply of thermal energy decreased by 3.3%, to 39.97 thousand Gcal (in 2021 - 41.33 thousand Gcal). The reason was a warmer winter in the regions of presence.

At the same time, the total installed electric capacity of the energy company at the end of 2022 was 27.99 GW (+51 MW), the installed heat capacity was 25.123 thousand Gcal/h (+39 Gcal/h).

At the same time, the installed electric capacity of the energy holding in the Russian Federation is 21.552 GW. During the reporting year, it increased by 0.4%.

PJSC Inter RAO is a diversified energy holding that manages assets in Russia, as well as in Europe and the CIS.

PJSC Inter RAO is the operator of electricity export and import in the Russian Federation. The main shareholders are the Inter RAO Capital Group (28.88%), Rosneftegaz (26.36%) and Rosseti FGC UPS (8.56%). About 34% of the shares are in free float.