Comparable indicators |
Supply to grid, mln kWh | Supply from grid, mln kWh | ||||
---|---|---|---|---|---|---|
2011 |
2012 |
2013 |
2011 |
2012 |
2013 |
|
JSC Lenenergo |
33,460 |
34,513 |
33,945 |
29,914 |
30,935 |
30,513 |
St. Petersburg |
21,297 |
21,811 |
21,730 |
18,962 |
19,477 |
19,459 |
Leningrad Region |
12,163 |
12,702 |
12,215 |
10,952 |
11,458 |
11,054 |
In 2013 33,945 mln kWh of electric power were supplied to JSC Lenenergo grid from networks of JSC FGC UES and producers of electric power. 30,513 mln kWh of electric power were transferred out of this volume to consumers and territorial network companies, thus electric power losses totaled 3,432 mln kWh, or 10.1% of the electric power supplied to JSC Lenenergo grid.
In comparison with the indicators of 2012 the volume of productive electricity supply decreased by 394 mln kWh, or 1.3%. The main drop was noted in the Leningrad Region and was caused by a withdrawal of some consumers from the “last mile” contracts. In 2012 the volume of services in electric power transmission rendered to this category of consumers amounted to 329.3 mln kWh, including JSC Russian Railroads –197.5 mln kWh and JSC Pikalevsky Cement –131.8 mln kWh. Withdrawal of these consumers was considered at formation of the tariff and balance decision for 2013 and did not lead to any emergence of lost income for JSC Lenenergo.
Category |
2011 |
2012 |
2013 |
Change, 2013/12, % |
---|---|---|---|---|
Industrial consumers |
8,827 |
8,981 |
7,892 |
– 12 |
Transport |
607 |
711 |
625 |
– 12 |
Agriculture and food industry |
378 |
378 |
362 |
– 4 |
Nonindustrial consumers |
4,312 |
4,486 |
4,762 |
6 |
State (municipal) organizations and other budgetary consumers |
123 |
137 |
261 |
91 |
Population and the equated groups of consumers |
5,551 |
6,131 |
6,150 |
0 |
TGOs |
10,116 |
10,111 |
10,460 |
3 |
Total |
29,914 |
30,935 |
30,513 |
– 1 |
In 2013 electricity consumption volumes by industrial consumers dropped that was caused by the following reasons:
In the breakdown of electric power supply by groups of consumers the greatest specific weight makes supply from Lenenergo grid to TGOs’ networks – over JSC Lenenergo the indicator makes 33.3% from combined value of consumption, including 27.2% across St. Petersburg and 48.8% across the Leningrad Region. For the last five years the general tendency of increase in the share of electric power supply to TGOs’ networks in connection with formation of new TGOs – grid organizations submitting applications for their inclusion into the volume of joint operations productive supply is observed. Generally new TGOs are formed on the basis of large enterprises (industrial sites) transferring their own power network facilities for use by TGOs.
By results of 2013 a drop in consumption at a low voltage level is noted that is caused by reduced consumption by the group “Population and the equated groups of consumers”.
It should be noted that the greatest size of productive supply in the breakdown of productive supply in the volume of 37.5% is the share of MV2 level (6–10 kV), low voltage level (32.8%) and high voltage level (27.2%). The breakdown of electric power supply by voltage levels is similar to the breakdown by groups of consumers, i.e. The main volume of services rendered to industrial consumers is rated on HV level, to nonindustrial consumers – on MV2 level, to population – on LV level. As in structure of network equipment of JSC Lenenergo an insignificant share is occupied by equipment 20–35 kV, the smallest volume of productive supply of 2.6% is the share of voltage level MV1.
Consumer |
Volume consumption, mln kWh |
Share in productive supply, % |
---|---|---|
Productive supply of electric power in 2013 |
29,613 |
100 |
St. Petersburg | ||
JSC PC Baltika |
40 |
0.1 |
JSC Admiralty Shipyards |
28 |
0.1 |
JSC PC Energy, AO JSC Kirov Plant |
33 |
0.1 |
JSC Svetlana |
33 |
0.1 |
JSC Shipbuilding Plant Severnaya Verf |
49 |
0.2 |
JSC Power Machines LMP |
84 |
0.3 |
JSC Nevsky Zavod |
30 |
0.1 |
Leningrad Region | ||
LLC Cement |
147 |
0.5 |
LLC PG Fosforit |
122 |
0.4 |
CJSC Metakhim |
138 |
0.5 |
CJSC Pikalevsky Cement |
203 |
0.7 |
CJSC SZIPK |
82 |
0.3 |
CJSC Tikhvin Ferroalloy Plant |
342 |
1.2 |
JSC Saint Petersburg cardboard-printing plant |
137 |
0.5 |
Total on the largest consumers |
1,468 |
5.0 |
Power consumption data are specified in the table only on the largest industrial consumers of St. Petersburg and the Leningrad Region. Overall, the number of consumers with installed capacity over 670 kW on the two regions is more than 1,300.
For 12 months 2013 losses in Lenenergo networks totaled 3,431.5 mln kWh, or 10.1% of supply to grid that is 146 mln kWh lower than the level of 2012 in absolute expression (–0.26 p.p. to relative level of losses in 2012)
By results of implementation of actions under the program of energy saving and increase of power efficiency of JSC Lenenergo: decrease in the electric power losses constituted 142.6 mln kWh under the planned size of 141.9 mln kWh
This allowed reducing electric power losses by 0.3 percentage points by results of 2013 concerning the level of losses in 2012.
Indicator |
2011 |
2012 |
2013 |
---|---|---|---|
Normative losses (electric power losses considered in the tariff and balance decision), mln kWh |
3,573 |
3,698 |
3,471 |
Normative losses (electric power losses considered in the tariff and balance decision), % |
10.8 |
10.4 |
10.2 |
Losses according to the business plan, % |
10.8 |
10.4 |
10.2 |
Losses, fact, % |
10.6 |
10.4 |
10.1 |
Deviation fact/plan, p.p. |
–0.2 |
0.0 |
–0.1 |
In 2013, the Board of Directors of JSC Lenenergo approved the Program of energy saving and increase of power efficiency for 2013–2018 within which a complex of measures aimed at optimization (reduction) of the level of losses is implemented. The main objectives of the program are introduction of the power management system in JSC Lenenergo, modernization and building of the new model of («smart») grid on the basis of innovative technologies and equipment, introduction of the systems of technological management and network operation. Volume of financing of the Program of energy saving and increase of power infrastructure is RUB 6,873 mln. The source is the investment program of JSC Lenenergo.
Indicators |
2011 |
2012 |
2013 |
Change in 2013 (plan/fact) |
||||
---|---|---|---|---|---|---|---|---|
Plan |
Fact |
Plan |
Fact |
Plan |
Fact |
% |
p.p. (unless otherwise noted) |
|
Decrease in electric power losses, % |
0.5 |
- 1.0 |
- 2.2 |
- 2.17 |
- 1.54 |
- 2.51 |
- |
- 1.0 |
Decrease in consumption of energy resources for business needs, RUB mln |
195 |
190 |
206 |
178 |
206 |
192 |
- 7.0 |
- 14.0 RUB mln |
Equipment by modern electricity metering devices in the retail market, % |
2 |
2 |
5 |
3 |
7 |
7 |
0 |
0 |
In 2013 due to implementation of the energy saving program losses were lowered by 2.5% relatively the basic year of 2012. In 2012 and 2011 the drop was 2.2% and 1.0%, respectively.
In monetary terms the economy for the Company in 2013 was RUB 498.2 mln, having exceeded the economic effect of 2012 by RUB 256.5 mln, or 106%, and in 2011 – by RUB 398.4 mln, or 399%.
Actions |
Annual effect of decrease in losses at the expense of the performed actions, mln kWh |
---|---|
Measures, total |
295.8 |
1. Organizational measures |
167.2 |
Identification of unmetered consumption |
19.6 |
Identification of non-contractual consumption |
147.6 |
2. Technical measures |
15.5 |
Shutdown in the modes of small loadings of transformers on substations with two and more transformers |
1.6 |
Shutdown of transformers on substations with seasonal loading |
0.3 |
Balancing of phases loadings in electric networks |
0.4 |
Decrease in electric power consumption for own needs of substations |
3.1 |
Installation and commissioning of devices for reactive capacity compensation in electric networks |
0.0 |
Wire replacement by wires with larger cross-section on overloaded OTL |
9.7 |
Replacement of overloaded transformers |
0.1 |
Replacement of derivation in apartment houses by SIW |
0.0 |
Optimization of working voltage in main substations of radial electric networks 110 kV and 35 kV |
0.0 |
Redistribution of loading of the main network by switching |
0.2 |
3. Measures to improve electric power metering |
113.1 |
By implementing a set of measures to optimize losses in 2013 the volume of savings totaled 295.8 mln kWh (RUB 752.3 mln), including 167.2 mln kWh (RUB 497.9 mln) through organizational measures, 15.5 mln kWh (RUB 27.5 mln) through technical measures, and 113.1 mln kWh (RUB 226.9 mln) through measures to improve electric power metering.
# |
Name |
Unit |
2013 |
|
---|---|---|---|---|
Plan |
Fact |
|||
1 |
energy resources delivered under take-off agreements (purchase and sale), total |
RUB mln |
206.3 |
192.1 |
1.1 |
electric power |
RUB mln |
74.0 |
61.5 |
Mln kWh |
23.9 |
21.9 |
||
1.2 |
heat power |
RUB mln |
15.9 |
14.7 |
Gcal |
12,793.6 |
12,169.1 |
||
1.3 |
cold water supply |
RUB mln |
6.4 |
5.9 |
thousand m³ |
276.0 |
263.4 |
||
1.4 |
other (diesel fuel, kerosene, gasoline, etc.) |
RUB mln |
110.0 |
110.0 |
thousand tons of standard fuel |
4,526.3 |
4,526.3 |
In 2013 22,491 acts of non-contractual consumption for 512.6 mln kWh were issued. Under the exposed acts of non-contractual electricity consumption in 2013 payment in favor of JSC Lenenergo pursuant to requirements of the current legislation of the Russian Federation regarding collecting the cost of non-contractual consumption was
RUB 1,832 mln with VAT; charges totaled RUB 1,867 mln w/o VAT.
Tariffs on electricity transmission services are established by regulators.
Tariffs on electricity transmission services for 2013 were approved within the levels coordinated by the Federal Tariff Service of the Russian Federation by a joint-operations method that is uniform in the territory of the whole subject of the Russian Federation.
Since 2008, single «joint operations» tariffs have been approved for the services in electric power transmission which are identical to all consumers irrespective of the connection point to distributive networks in the region (item 42 of the Rules of non-discriminatory access to services in electric power transmission and rendering of these services # 861 of 27.12.2004), and individual tariffs on transmission services for calculations between grid companies.
Tariffs on transmission services across the Leningrad Region are approved under a “cost plus” scheme. According to this scheme payments collected by sales companies arrive in the higher territorial network organization JSC Lenenergo which pays off with subordinate territorial network companies.
Tariffs on transmission services across St. Petersburg are approved under the scheme “mixed costs”. According to this scheme payments collected by sales companies arrive in the higher territorial network organization JSC Lenenergo which pays off with all subordinate territorial network companies, except CJSC KirovTEK and JSC Oboronenergo. An individual double-rate tariff under a “cost minus” scheme was set for CJSC KirovTEK and JSC Oboronenergo (these companies pay JSC Lenenergo for electricity transmission services).
Since 01.01.2011 regulation in JSC Lenenergo has been carried under the method of return on invested capital (RAB) according to which the Committee on tariffs of St. Petersburg and the Committee on tariffs and price policy of the Leningrad Region had set long-term parameters of tariff regulation for JSC Lenenergo till 2017.
Advantages of return on invested capital are as follows:
In response to the Resolution of the Government of the Russian Federation # 1178 of 29.12.2011 (in the edition of the Resolution of the Government of the Russian Federation # 663 of 30.06.2012) parameters of the long-term tariff regulation approved earlier were reconsidered for JSC Lenenergo and the period of regulation was prolonged till 2017 (Order of the Committee on tariffs of St. Petersburg # 181-R of 13.07.2012, Order of the Committee on tariffs and price policy of the Leningrad Region # 88-p of 13.07.2012). These parameters were coordinated by FTS of Russia (Orders # 471-e, # 472-e, # 473-e and # 474-e of 12.07.2012) and have been applied since July 1, 2012.
Within the procedure of coordination of a tariff projection during RAB reboot JSC Lenenergo carried out much work with regional and federal executive authorities on justification of the need of coordination of individual long-term parameters of tariff regulation for JSC Lenenergo for the purpose of creation of funding sources of the investment program that allow performing accumulated obligations on grid connection and strengthening of reliability of the power network complex of the region.
By results of work the Resolution of the Government of the Russian Federation # 663 of 30.06.2012 and scenario conditions of Ministry of Economic Development of the Russian Federation defined individual conditions on the level of a gain of joint operations tariff for electric power transmission for St. Petersburg and the Leningrad Region in case they are caused by implementation of investment projects.
Indicator |
St. Petersburg |
Leningrad Region |
JSC Lenenergo |
---|---|---|---|
Invested capital (residual) as of 01.01.2013, RUB mln |
59,353 |
24,787 |
84,140 |
CAPEX considered at tariff regulation, 2011–2017, RUB mln |
63,846 |
20,616 |
84,463 |
Rate of return on invested capital – old capital, % |
|||
2011 |
6 |
6 |
6 |
2012–2016 |
1 |
1 |
1 |
2017 |
11 |
11 |
11 |
Rate of return on invested capital – new capital, % |
|||
2011 |
12 |
12 |
12 |
2012 |
12 |
12 |
12 |
2013 and further |
11 |
11 |
11 |
Term of return of invested capital, years |
35 |
35 |
35 |
Indicator |
Unit |
2011 |
2012 |
2013 |
Change, |
Change, |
|
---|---|---|---|---|---|---|---|
Fact |
Fact |
Approved by REC |
Fact |
||||
Leningrad Region |
|||||||
RevenueW/o decrease on the size of load losses. |
RUB mln |
11,327 |
12,577 |
14,130 |
14,490 |
2.5 |
15.2 |
Productive electricity supply |
mln kWh |
10,755 |
11,142 |
12,384 |
11,815 |
– 4.6 |
6.0 |
Average tariff |
kop./ kWh |
105.3 |
112.9 |
114.1 |
122.6 |
7.5 |
8.6 |
St. Petersburg |
|||||||
RevenueW/o decrease on the size of load losses. |
RUB mln |
17,907 |
16,954 |
22,852 |
19,545 |
– 14.5 |
15.3 |
Useful holiday of the electric power |
mln kWh |
18,539 |
19,104 |
19,463 |
19,083 |
– 2.0 |
– 0.1 |
Productive electricity supply |
kop./ kWh |
96.6 |
88.7 |
117.4 |
102.4 |
– 12.8 |
15.4 |
JSC Lenenergo, total |
|||||||
RevenueW/o decrease on the size of load losses. |
RUB mln |
29,234 |
29,531 |
36,982 |
34,034 |
– 8.0 |
15.3 |
Productive electricity supply |
mln kWh |
29,294 |
30,246 |
31,848 |
30,897 |
– 3.0 |
2.2 |
Average tariff |
kop./ kWh |
99.8 |
97.6 |
116.1 |
110/2 |
– 5.1 |
12.8 |
Drop in the revenue from electric power transmission activities relatively approved revenue on both subjects of the Russian Federation was RUB 2,947 mln that is caused by the following factors:
Indicator |
2011 |
▲ , % |
2012 |
▲ , % |
2013 |
▲ , % |
---|---|---|---|---|---|---|
St. Petersburg |
||||||
Revenue, total |
17,907 |
19 |
16,954 |
–5 |
19,545 |
15 |
Own revenue of |
7,136 |
34 |
5,856 |
–18 |
7,105 |
21 |
JSC FGC UES |
3,282 |
18 |
4,145 |
26 |
4,617 |
11 |
Other TGOs |
3,445 |
29 |
3,363 |
–2 |
4,010 |
19 |
Losses in Lenenergo networks |
4,044 |
–6 |
3,589 |
–11 |
3,813 |
6 |
Leningrad Region |
||||||
Revenue, total |
11,327 |
24 |
12,577 |
11 |
14,490 |
15 |
Own revenue of |
2,378 |
2 |
4,058 |
71 |
6,198 |
53 |
JSC FGC UES |
2,404 |
13 |
1,974 |
–18 |
2,098 |
6 |
Other TGOs |
4,524 |
62 |
4,666 |
3 |
3,764 |
–19 |
Losses in Lenenergo networks |
2,021 |
9 |
1,879 |
–7 |
2,430 |
29 |
JSC Lenenergo, total |
||||||
Revenue, total |
29,234 |
21 |
29,531 |
1 |
34,034 |
15 |
Own revenue of |
9,514 |
25 |
9,914 |
4 |
13,303 |
34 |
JSC FGC UES |
5,686 |
16 |
6,119 |
8 |
6,715 |
10 |
Other TGOs |
7,969 |
46 |
8,029 |
1 |
7,774 |
–3 |
Losses in Lenenergo networks |
6,065 |
–2 |
5,469 |
–10 |
6,243 |
14 |
Indicator |
2011 |
2012 |
2013 |
---|---|---|---|
St. Petersburg | |||
Other consumers |
7.0 |
10.3 |
20.4 |
Third-party grid organizations |
111.2 |
147.7 |
108.9 |
Energy supplying organization |
84.6 |
258.9 |
753.9 |
Guaranteeing supplier |
17,263.5 |
16,106.1 |
18,152.3 |
Leningrad Region | |||
Other consumers |
22.8 |
1,262.6 |
350.1 |
Third-party grid organizations |
– |
– |
– |
Energy supplying organization |
1,065.6 |
1,103.8 |
2,129.7 |
Guaranteeing supplier |
9,971.5 |
9,926.5 |
11,691.7 |
JSC Lenenergo | |||
Other consumers |
29.8 |
1,272.9 |
370.5 |
Third-party grid organizations |
111.2 |
147.7 |
108.9 |
Energy supplying organization |
1,150.2 |
1,362.7 |
2,883.6 |
Guaranteeing supplier |
27,235.0 |
26,032.6 |
29,844.0 |
The cost of services in electric power transmission in 2013 was RUB 35,903 mln and increased by RUB 3,559 mln, or 11.0%,in comparison with 2012. Controllable costs increased by RUB 826 mln, or 15%, and uncontrollable costs – by RUB 2,733 mln, or 10.2%, respectively. The share of controllable costs in the cost of services in electric power transmission in 2013 was 17.6%, and uncontrollable costs – 82.4%.
Indicators |
2011 |
2012 |
2013 |
Change, 2013 / 2012, % |
---|---|---|---|---|
Controllable costs |
5,223 |
5,502 |
6,329 |
15.0 |
Material inputs |
414 |
464 |
497 |
7.2 |
Works and services of production character |
940 |
1,121 |
1,367 |
21.9 |
Payroll fund |
2,506 |
2,596 |
2,939 |
13.2 |
Other costs |
1,362 |
1,321 |
1,525 |
15.4 |
Uncontrollable costs |
25,233 |
26,842 |
29,575 |
10.2 |
Purchased energy on compensation of losses |
5,357 |
4,754 |
5,415 |
13.9 |
Services in electric power transmission by networks of grid organizations |
7,969 |
8,029 |
7,774 |
– 3.2 |
JSC FGC UES fee |
5,686 |
6,119 |
6,715 |
9.7 |
Amortization of fixed assets and intangible assets |
5,095 |
6,270 |
8,254 |
31.6 |
Lease payments |
288 |
803 |
123 |
– 84.6 |
Other costs |
839 |
867 |
1,294 |
49.2 |
Total costs |
30,456 |
32,344 |
35,903 |
11.0 |
Indicators |
2011 |
2012 |
2013 |
Change, |
---|---|---|---|---|
Revenue from electric power transmission on networks |
28,475 |
28,816 |
33,207 |
15.2 |
Cost of electric power transmission on networks |
30,456 |
32,344 |
35,903 |
11.0 |
Gross profit on electric power transmission on networks |
– 1,981 |
– 3,529 |
– 2,696 |
– 23.6 |
Interest payable |
1,167 |
1,788 |
2,217 |
24.0 |
Other expenses |
1,081 |
830 |
887 |
6.8 |
Profit (loss) before tax from electric power transmission on networks |
– 4,229 |
– 6,146 |
– 5,800 |
– 5.6 |
Profit tax attributed to transmission activity |
383 |
427 |
646 |
51.5 |
Net profit (loss) from electric power transmission on networks |
– 4,611 |
– 6,573 |
– 6,446 |
– 1.9 |
As of the end of 2013 the Company’s activities on electric power transmission are unprofitable. Since 2011 the Company has carried out transition to regulation on the method of return on invested capital (RAB regulation). Taking into account the incomplete account by the regulator of necessary expenses (generally on federal factors: JSC FGC UES fee, purchased electric power on compensation of losses), and due to application of a smoothing mechanism since 2011, the loss for 2011 on electric power transmission was higher that the loss put at regulation and totaled RUB 4,560 mln, and for 2012 the loss reached RUB 6,573 mln.
In 2013 the sum of loss on electric power transmission decreased concerning the level of previous fiscal year by RUB 127 mln. Decrease in loss on transmission is caused by revenue growth in a bigger volume than prime cost growth due to the growth of average tariff by 16.8% at decrease in transmission volumes by 394 mln kWh (1.3%). Thus expenses from profit were up due to the growth of interest payable and profit tax growth in a smaller volume than the growth of gross profit.
Proceeding from the approved tariffs for 2013 losses from electricity transmission activities in the amount of RUB 1,727 mln are formed in the Company.
Indicator |
Leningrad Region |
St. Petersburg |
JSC Lenenergo, total |
---|---|---|---|
Own funds for investments and expenses from profit |
2,879 |
5,629 |
8,508 |
Expenses from profit (interest on credits, social payments, dividends, other expenses) |
1,281 |
1,811 |
3,092 |
Amortization |
2,005 |
4,621 |
6,626 |
Own funds for investments (item 1 – item 2 – item 3) |
– 407 |
– 803 |
– 1,210 |
Smoothing |
– 245 |
– 1,852 |
– 2,096 |
Dropping out |
177 |
1,403 |
1,579 |
Total loss on transmission put by regulators |
– 475 |
– 1,252 |
– 1,727 |
Indicator name |
Decision deviation from the regulator, RUB mln |
||
---|---|---|---|
Leningrad Region |
St. Petersburg |
JSC Lenenergo, total |
|
Revenue |
360 |
– 3,307 |
– 2,947 |
Controllable costs |
326 |
292 |
618 |
Uncontrollable costs |
94 |
– 1,060 |
– 965 |
Profit tax |
248 |
232 |
480 |
Expenses from profit |
– 35 |
46 |
11 |
Amortization |
1,186 |
442 |
1,628 |
Total loss gain |
– 1,459 |
– 3,260 |
– 4,719 |
The main reasons are application by the Committee on tariffs of St. Petersburg in tariff rates calculations of the overestimated volume of declared capacity, deviation of the actual structure of consumption by voltage levels from the structure considered by committees at formation of the balance of electric power and capacity, change of the actual productive electricity supply relatively supply considered by committees and its half-year redistribution in 2013. Across the Leningrad Region there was an increase in revenue from the one considered by the regulator in connection with change of tariffs for electric power transmission on the group of consumers «Population» regarding an exception of a preferential type of tariff for electric power transmission pursuant to the instruction of FTS of Russia.
The greatest influence was rendered by increase in repair expenses due to the growth of expenses on ensuring reliable power supply of consumers for successful passing of the autumn and winter period of 2013–14. Coordination on increase in the volume of repair work provided by regional bodies of regulation of electricity transmission tariff under condition of providing documents confirming the cost and the fact of performance of actions is received. These expenses will be considered in the subsequent periods as dropping-out unrecorded expenses.
The main influence was rendered by decrease in electric power transmission services by networks of third-party grid organizations for the following reasons: selection of single-rate tariffs on many network companies, disagreements regarding application of actual or declared capacity in calculations. Thus there was an increase in expenses on property tax in connection with legislation change regarding privilege cancellation on property tax.
The deviation on profit tax is connected with different calculating procedures of profit tax. The regulator does not consider features of tax accounting.
The greatest influence was rendered by formation of the reserve under conditional obligations on disagreements with third-party grid organizations.
Depreciation charges upon 2013 were RUB 1,628 mln higher than amortization considered by the regulator since at formation of a tariff projection revaluation of fixed assets for the end of 2012 carried out according to accounting policies of JSC Lenenergo was not considered, and as a result of excess of the actual input of fixed assets over the planned ones are considered reached that was a consequence of implementation of a client-focused approach.