Peretok Light: highlights of the Russian and global power sectors for 15–21 October

Peretok Light: highlights of the Russian and global power sectors for 15–21 October

Источник: junrong/

LUKoil looking to sell its gen assets in southern Russia

Another major private player, LUKoil of Vagit Alekperov, is possibly trying to exit the power market, having negotiated a sale of its generating assets. Viktor Vekselberg had been hit by the Western sanctions and revisited the idea of a merger between his T Plyus and government-owned Gazprom Energokholding. Neither is Mikhail Prokhorov unwilling to shed his energy business: Kvadra, acquired by Onexim, has been an underachiever in the sector for nearly 10 years now. LUKoil can decide to sell its generation because of the government's plans to introduce a grid capacity charge, Kommersant reported citing sources and named another government company, Inter RAO, as a prospective buyer. 

LUKoil looking into integrating gas production and power generation systems

Mr Alekperov himself refuted Kommersant's report the very next day and even described plans to integrate gas production and generation; experts, however, failed to grasp possible transformations at LUKoil. 

Sunshine cheaper in Kazakhstan

Support for VIE [Renewable Energy Sources (RES) after 2024 remains the focus of vigorous discussions by experts and market stakeholders. A week after a themed conference in Pyatigorsk, the SP [Joint Venture (JV)] between Renova of Viktor Vekselberg and Rosnano, run by Anatoly Chubais, announced its first significant victory on the export front: Hevel won a contract to build 70 MW of solar capacity in Kazakhstan. Attempts were made last Friday to find out why solar generation prices there proved to be way below the Russian ones and how a national company intends to keep the project in the black.  

Inter RAO can buy 25% of the JV with GE from ODK, consolidating 50%

The power engineering market is still agitated, mostly because of the government's plans to launch a large-scale programme to modernize national cogeneration. It involves plans to set up manufacturing in Russia of high-capacity gas turbines that energy providers are still importing. The Cabinet plans to increase local modernization content up to 100% -  energy suppliers are snatching up foreign partners they intend to use to this end over the next few years.    

TPE can have damages cancelled for late delivery of generation in Sebastopol

Tekhnopromexport, Rostekh's subsidiary, which made a name for itself after the scandal with “Crimean Siemens turbines”, is unlikely to be punished for failure to put the peninsula's TPS on stream on schedule. Hit by the sanctions, TPE [Tekhnopromexport] completed two new power stations in Simferopol and Sebastopol, but cannot yet officially put them into service due to delays in network infrastructure development by the peninsula's companies. In an attempt to avoid financial liability, Rostekh's subsidiary filed a series of lawsuits against GUP [national unitary enterprise (NUE)] Krymenergo. 

Consumers propose factoring installed capacity of PDM [capacity allocation contract (CAC)] projects into CA pricing

Continuing their vigorous participation in the discussion of global topics such as TPS modernization and grid tariff system reform, customers find time to fight for their interests at more local levels too. The consumers are confident that their new initiative will ensure fairer capacity charges; the generators, however, resist it as always.  

22-10-2018 17:01

Other users read