“Quadre” put sticks in the wheels
Quadra will not get extra advantages from customers.
The power company “Quadra – Power Generation” (part of “Rosatom”) encountered a problem: it couldn't get approval to remove the Livenskaya CHPP from the wholesale energy market, according to a reporter.
Reportedly, the authorized Supervisory Board has not reached a decision on this matter. It is said that the Deputy Head of the Ministry of Energy of Russia voted against, while representatives of energy consumers abstained.
The company has been attempting to move this CHPP to the retail energy market since the end of last year.
Last year, the power unit started selling power at lower competitive prices, as per Kommersant. The station is obligated to supply power until 2026, and it's not possible to close the CSA block as this CHPP must operate until 2036.
However, the station's entry into retail would allow it to sell energy directly to the consumer at a higher price than wholesale. According to current rules, Quadra couldn't do this because, as per documents, the CHPP had an installed capacity of 30 MW for the entire CSA period, while retail facilities with a capacity of no more than 25 MW can operate.
Last fall, Quadra announced a reduction in power to 24 MW and prepared the necessary documents.
Initially, the industry and the relevant ministry were against bringing the station to retail. As a compromise, the company offered to pay higher penalties for withdrawing from KOM four years earlier.
What do the experts think? Sergei Sasim from the National Research University Higher School of Economics (quoted by Kommersant) points out that payments under the CSA and the CTO differ significantly. He adds that part of the generation in KOM is becoming unprofitable, and moving to retail can help minimize losses or compensate for lost profits from the drop in income after the CSA.
The company “Quadra – Power Generation” is well known in the industry, at least this conclusion can be reached if you look at participation in tenders.
According to data on the SPARK-Interfax website, the company took part in 11,427 tenders. 1768 enforcement proceedings were initiated against her. PJSC “Quadra – Power Generation” participated in 18438 arbitration cases.
During the summer of 2022, the Quadra Branch completed the scheduled maintenance of boiler unit No. 4 at the Livenskaya CHPP with a steam capacity of 45 tons per hour. Specialists repaired the blower fan, smoke exhauster, and shut-off and control valves, and also fixed the leaks of the brickwork of the boiler unit.
