UNIPRO Unipro PJSC 2020 12M results
4 March 2021
Stable performance meets FY 2020 guidance above midpoint
1. Unipro Group IFRS stand alone
2. Adjusted for extraordinary effects
3. Including investments in subsidiaries
Highlights
Stable performance despite adverse factors that have affected Company's key indicators (COVID- 19, OPEC+ agreement).
High level of receivables payments, including on onerous contracts.
Effective cost management.
CAPEX decrease is linked to repair works at Berezovskaya Unit 3, which are going to be finalized in the nearest future.
Berezovskaya Unit 3 - trim runs have been successfully accomplished
Current project status
Steam-oxygen cleaning successfully implemented.
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Electrical wiring before commissioning has been completed.
Trim runs of the steam turbine were completed successfully.
Comprehensive test procedures scheduled for March 2021.
are
COVID-19 resulted in a generation decrease in 2020, first signs of a positive trend in Q4, 1st price zone
European price zone | |
Consumption TWh 2019 2020 801.9 778.4 215.1 213.0 -2.9% -1.0% Q4 Year | DAM Price RUB/MWh 2019 2020 1 163 1 123 1 217 1 140 -3.4% -6.3% Q4 Year |
Siberian price zone | |
Consumption TWh 2019 2020 211.3 209.2 57.6 57.0 -1.0% -1,0% Q4 Year | DAM Price RUB/MWh 2019 2020 823 818 759 734 -0.6% +3.4% Q4 Year |
Nuclear Generation TWh
2019
2020
207.8
214.8
54.6
61.7
+3.4%
+13.0%
Q4
Year
Unipro Generation
2019
2020
TWh
39.9
37.4
10.5
9.9
-5.7%
Q4
Year
-6.3% |
Hydro Generation TWh
2019
2020
118.0
108.0
+9.3%
28.9
31.7
+9.7%
Q4
Year
Unipro Generation
2019
2020
TWh
6.5
4.3
2.0
1.2
-33.8%
-40.0%
Q4
Year
Key regulatory data
Capacity auctions expected in 2021:
✓ KOM capacity auction for 2026 - completed, all submitted units of Unipro were selected.
✓ CSA2 modernization capacity auction for 2027 as well as deep modernization auction - currently planned for April 1st, 2021 Unipro considers participation (postponement possible).
✓ KOM capacity auction for 2027 - November 15th, 2021.
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Disclaimer
Unipro PJSC published this content on 04 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2021 05:19:08 UTC.
