In 9 months of 2016 JSC EEC’s electricity exports were at the amount of 2.415 million kW/h. The electricity exports to China fell 3.4% compare to the same period of 2015, albeit rose 16.9% year-on-year in third quarter 2015. The lower electricity exports to China were due to an overall decrease in the electricity consumption in the country. Overall JSC EEC plans to keep the electricity exports in 2016 at the 2015 level.
Electricity export to Mongolia was at the amount of 237 million kW/h for the third quarter of 2016 which is 7.7% higher than for the same period of 2015. Raise of electricity developments to Mongolia was due to overall increase in the electricity consumption in the country in the third quarter of 2016.
Technology-wise, electricity export to China is enabled by a complex of interstate 110, 220 and 500 kV power transmission lines, which link the power systems of the Russian Far East and the Northeastern Provinces of China.
Export is ensured by means of procurement of excessive volumes of electric energy in the territory of the Far East, driving an increase in the capacity factor and the growth of additional revenue across regional generating enterprises and wholesale infrastructure organizations.
JSC Eastern Energy Company is the only Russian operator on the power export project to the People's Republic of China and Mongolia. All shares of JSC Eastern Energy Company belong to JSC INTER RAO UES.
Inter RAO Group is a diversified energy holding serving various segments of Russian and international electric power industry. The Group is the leading exporter and importer of electricity in Russia actively increasing electricity generation and sales, and developing new lines of business. The corporate strategy of Inter RAO is focused on making Inter RAO a global energy enterprise, a key player in the global energy market, and Russia's leading electric utility by energy efficiency. Inter RAO Group owns and operates 35 GW of installed power generation capacity. www.interrao.ru