The company’s mission is to ensure a reliable supply of electricity and heat to the solvent consumers
Company Profile
Unified Energy System is the largest power holding in Russian Federation, that generates 69.4% (635.8 billion kWh) of general electricity output, 32.4% (468,8 million Gcal) of general heat production; capacity of which makes up 72.4% (156.6 TMW) of the installed capacity in Russia. The company owns 96.1% of high-voltage grids (2,496.9 Tkm) and 77% of distribution network (1,747.416 Tkm) in Russia. It employs 577.6 thousand of people.
Main export activity is directed towards the former CIS countries and Scandinavia.
UES is a holding company that owns controlling stakes (49%-100%) in 73 regional vertically integrated energy companies and 44 Federal power plants (of which 8 are under construction), 100% in OAO “FGC” ( OAO “Federal Grid Company”) and 100% in OAO “SO-CDA” (OAO “System Operator - Centralized Dispatching Administration”).
From the beginning of 2002 the Company is in the process of reforming.
Company Strategy
The Company’s main focus in the corporate strategic development is made on the reforming of assets structure and system of relationship within the energy sector through separation of competitive (generation and supply) and non – competitive businesses (transmission and distribution); Introduction of market relations in competitive businesses that will finally increase efficiency and value of company’s assets.
Company’s foreign strategy is developing in two directions: expanding into new consumer markets and acquiring attractive energy assets in neighbor countries that should be used to supply internally and as a transit facility for further export projects. |