TGC-1 Presents its performance highlights for 9 months of 2018
Electricity generation of TGC-1 for 9 months of 2018, including PJSC Murmanskaya CHPP, comprised 21,555.1 million kWh, which is 3.2% more than in the respective period of 2017.
Summary data on electricity generation of TGC-1 (million kWh)
| 9M2017 | 9M 2018 | Difference |
The Nevsky Branch | 12,473.6 | 13,244.8 | 6.2 |
The Karelsky Branch | 2,883.5 | 2,806.1 | -2.7 |
The Kolsky Branch | 5,517.5 | 5,494.4 | -0.4 |
Branches of TGC-1, total | 20,874.6 | 21,545.4 | 3.2 |
PJSC Murmanskaya CHPP | 9.0 | 9.7 | 7.2 |
Total, TGC-1 including PJSC Murmanskaya CHPP | 20,883.6 | 21,555.1 | 3.2 |
Electricity generation at combined heat and power plants for 9 months of 2018 increased by 6.0% mainly due to the results of the first quarter of 2018, when there was a favorable situation of the wholesale electricity and capacity market. Electricity generation by HPPs remained at the level of 9 months of 2017, increasing by 0.2%, due to the achievement of the average annual value of production in the third quarter of 2018 in the regions of the company's presence.
Summary data per heat output of TGC-1 (thousand Gcal)
| 9M 2017 | 9M 2018 | Difference |
The Nevsky Branch | 12,851.1 | 12,873.6 | 0.2 |
The Karelsky Branch | 1,162.1 | 1,181.9 | 1.7 |
The Kolsky Branch | 1,054.4 | 962.9 | -8.7 |
Branches of TGC-1, total | 15,067.6 | 15,018.4 | -0.3 |
PJSC Murmanskaya CHPP | 1,508.0 | 1,416.3 | -6.1 |
Total, TGC-1 including PJSC Murmanskaya CHPP | 16,575.6 | 16,434.7 | -0.8 |
For 9 months of 2018 heat output of TGC-1 including Murmanskaya CHPP comprised 16,434.7 thousand Gcal, which is 0.8% less compared to 2017. The dynamics of heat output is a consequence of the high results in H1 2017 due to a long heating period and efficient work in the first quarter of 2018. More details of the company's production performance can be found on the corporate website in the Reports section.
Reference
TGC-1 is a leading producer and supplier of electricity and heat in the North-West of Russia. TGC-1 comprises 53 electric power plants within four constituent entities of the Russian Federation: St. Petersburg, the Republic of Karelia, Leningrad and Murmansk Oblasts.
The installed electric power capacity of TGC-1 at the end of the 3rd quarter 2018 is 6.95 GW, heat capacity — 13.63 thousand Gcal/h. Major Shareholders: Gazprom Energoholding LLC (51.79%) and Fortum Power and Heat Oy (29.45%). The total headcount of the Company and its subsidiaries is about seven thousand employees.