In 2016, electricity output in Russia increased by 1.2 percent yoy, reaching 1,071 billion kW/h.
Russia’s power complex consists of approximately 600 power plants, each with an individual capacity of over 5 MW. In 2016, the total capacity of Russia’s power plants amounted to 257.1 GW, exceeding the 2015 level by 3.8 GW. This growth was driven by the construction of new power facilities and modernisation of the existing infrastructure.
The power industry is composed of the following capacity components: thermal (68%), hydraulic (21%) and nuclear (11%) plants. The long-term outlook of the Russian power industry has been determined in the plan entitled “The General Scheme of Energy Development for the Period up to 2020”.
In 2016, Russia’s overall installed thermal power plant capacity amounted to 175GW, an increase of 1.5 percent yoy. The infrastructure in the thermal power sector is quite out-dated, with almost 55 percent of the installed capacities being more than 30 years old. Russia’s main thermal power stations use organic fuels such as gas or coal.
Russian power plants have an efficiency ratio of 37 percent, compared to 41 percent for developed economies. This difference dictates the need for equipment upgrades at all major-power generating companies in Russia. This is also the reason why the technical modernisation and reconstruction of existing power stations is the primary goal for the Russian thermal power sector, in addition to the start-up of additional modern generating capacities.
In total, investments grew by 3 percent yoy and reached Rub 390 billion.
Russia possesses full-cycle technology for the nuclear power industry, from the extraction of uranium ore to electric power generation. Currently, Rosenergoatom operates 34 nuclear power units with an overall installed capacity of 27.1 GW. They account for 18.3 percent of domestic electricity generation. The share of nuclear power generation of total energy in the European part of Russia is 30 percent, and 37 percent in the Northwest respectively.
Currently, a number of large-scale nuclear power plants are being constructed in Russia. The following construction projects are currently underway: Novovoronezhskaya NPP Phase II, Leningradskaya NPP Phase II, Baltic NPP, and the world’s first floating nuclear co-generation plant named “Akademik Lomonosov.” In addition to Russia, Rosenergoatom is constructing nuclear power plants abroad, namely Kudankulam in India, Bushehr in Iran, Ostrovets in Belarus, Ninh Thuan NPP -1 in Vietnam, as well as a nuclear power station in Jordan, a nuclear power station in Armenia, Tianwan Second Stage in China, and Hanhikivi-1 NPP in Finland.
The majority of the 34 nuclear operating reactors in Russia are in the ageing process: 80 percent of their capacity has a 20-40 year maturity. This has led to the development of a large-scale investment programme by the state operator Rosatom.
In 2016, electricity output grew by 0.6 percent yoy and reached 196.4 billion kW/h.
The estimated investments in nuclear power increased by 9 percent yoy and reached Rub 350 billion.