Russian Inter RAO group's power generation dropped by 1% in 2014

In 2014, Russian power utility Inter RAO raised its installed capacity by 4.3%, from 33.6 GW to 35 GW, thanks to the addition of nearly 1.6 GW of new power plants built to support Capacity Delivery Agreements. The group commissioned 828 MW at the new Yuzhnouralskaya TPP-2 power plant, the third 413 MW unit at Nizhnevartovskaya and the eighth 225 MW unit at Cherepetskaya. Rehabilitation works were completed at Omskaya-3 (+10 MW) and Omskaya-5 (+20 MW to 100 MW), raising the installed capacity, while Ufimskaya-4 retired two units (60 MW). Power generation declined by 1% due to load optimisation technologies, prioritising the use of high-efficiency power generation; power generation from the Kashirskaya plant decreased by 27% (-11% at Verkhnetagilskaya). Overseas power generation also declined significantly (-5.5%), due to a 24% fall in power generation at the Ekibastuz power plant in Kazakhstan (lower demand and stronger competition on the Kazakh power market), partly offset by a 28% increase in power generation in Moldova. In 2014, electricity sales rose by 8.5% in Russia to 165 TWh (+11% in terms of customers, reaching 12.5 million); the group accounts for 15.9% of the retails sales in Russia. In Armenia, Inter RAO delivered 8.5 TWh on the distribution grid (+2.5%).

Inter RAO is also the leading exporter and importer of electricity in Russia: in 2014, power exports fell by 20% to 14 TWh, while imports dropped by 24% to 3.5 TWh.