OREANDA-NEWS. October 11, 2007. In the nine months of 2007, the production branches of OGK-5 generated 27.5b kWh of power (92.3% as compared to the similar period of 2006). Heat production in Jan-Sept of 2007 totaled 4.5m Gcal (93.2% as compared to the similar period of 2006).

Lower values as compared to the previous year can be explained by the fact, that, during the winter period of 2006, abnormally cold temperatures were recorded in the regions where OGK-5’s plants are located. At the same time, it is necessary to note the growth of power consumption in the Mid-Urals industrial region. This led to a 7.4% growth in production of power by Sredneuralskaya GRES in January-September of 2007 as compared to the similar period of 2006.

During the three quarters of 2007, the volume of power sold on the wholesale market totaled 26.08b kWh.

As a result of the Company’s activities over the nine months, 26.75b kWh of power was sold under regulated bilateral contracts (RBCs), including 1.7b kWh purchased on the free market to fulfill the Company’s obligations under RBCs, with the purchase price being lower than the tariff set by the Federal Tariff Service of Russia.

DAM (day-ahead market) turnover totaled 9.4b kWh, or 5.5b RUB, including 3.2b kWh under free bilateral contracts (FBCs). The turnover on the balancing market (BM) during the same period totaled 2.49b kWh, or 1.08b RUB.