Novosibirskenergo

Novosibirskenergo was a regional energy company serving Novosibirsk Oblast in Russia. Its activities covered the generation, transfer, and distribution of electricity, together with the production and supply of heat. The company emerged in 1993 during the privatization and restructuring of Russia’s electricity industry, a period in which regional power-generation and distribution assets were reorganized into joint-stock enterprises. By 2007, Novosibirskenergo operated six electric power stations with combined installed generating capacity of approximately 2,977 MW. Its portfolio was predominantly thermal, with stations using coal, natural gas, or oil, but it also included the Novosibirsk Hydroelectric Station. The hydroelectric facility’s first generating unit entered service in 1957 and had installed capacity of about 455 MW. The largest thermal asset associated with the company was TPP-5, whose first unit began operating in 1985; the station had capacity of approximately 1,200 MW. The company was an important regional infrastructure operator rather than a consumer-facing international brand. Its business depended on the operation of large fixed assets, fuel supply, regulated electricity and heat markets, and the reliability of local transmission and distribution systems. In 2007, the company was reported to have approximately 14,067 employees. Reported revenue for that year was RUB 21,875 million and operating profit was RUB 2,819 million. Novosibirskenergo’s corporate identity changed as Russia continued consolidating its power sector. The company was controlled by Mikhail Abyzov, according to the referenced historical account. In 2011, Novosibirskenergo stopped generating electricity, while its power plants were transferred to Sibeko. This marked the end of its role as an integrated owner and operator of the region’s generating fleet. The company was ultimately liquidated in December 2015. As a result, Novosibirskenergo is now best understood as a defunct regional energy enterprise whose former generation assets were separated from the original corporate structure during industry reorganization.

Novosibirskenergo was established in 1993 as part of the privatization of Russia’s electricity system. The company represented the regional utility model that developed during the post-Soviet restructuring of the power industry: a locally based enterprise combining electricity generation with the transfer and distribution of power and the supply of heat. Its headquarters were in Novosibirsk, the administrative center of Novosibirsk Oblast. The company’s operating base consisted of six power stations by 2007. Together they provided approximately 2,977 MW of installed electric capacity. Most of the generation fleet was thermal and used coal, gas, or oil. The portfolio also included the Novosibirsk Hydroelectric Station, whose first generating unit was commissioned in 1957 and whose installed capacity was reported at approximately 455 MW. Another major asset was TPP-5, the company’s largest station. Its first unit entered service in 1985, and the station had capacity of approximately 1,200 MW. Novosibirskenergo supplied energy within the regional Russian market and employed about 14,067 people according to the historical information available for the company. Its reported 2007 revenue was RUB 21,875 million, with operating profit of RUB 2,819 million. These figures describe the company’s scale during the period when it still operated as an integrated energy enterprise. The company was controlled by Mikhail Abyzov. Its subsequent history reflected the continuing reorganization and consolidation of Russia’s electricity sector. In 2011, Novosibirskenergo stopped generating energy. Its power plants were transferred to Sibeko, separating the principal generating assets from the original company. This transition substantially reduced the operational role represented by the Novosibirskenergo name and ended its position as the direct owner and operator of the regional generation fleet. Novosibirskenergo was liquidated in December 2015. The company therefore no longer operates as an energy supplier or power producer. Its historical importance lies in its role as a large regional utility during the privatization era and in the later transfer of its generating assets as Russia’s electricity industry was reorganized.

• 2015

  Company liquidated

  [1]Novosibirskenergoen.wikipedia.org

  Novosibirskenergo was liquidated in December 2015.

• 2011

  Generation operations end and plants move to Sibeko

  [1]Novosibirskenergoen.wikipedia.org

  Novosibirskenergo stopped generating energy, and its power plants ended up with Sibeko.

• 2007

  Regional generation portfolio reaches reported 2,977 MW

  [1]Novosibirskenergoen.wikipedia.org

  The company was reported to operate six power stations with total installed electric capacity of approximately 2,977 MW and a workforce of about 14,067 employees.

• 1993

  Company created during electricity-sector privatization

  [1]Novosibirskenergoen.wikipedia.org

  Novosibirskenergo was created as part of the privatization and restructuring of Russia’s energy system.

• 1985

  First unit of TPP-5 begins operation

  [1]Novosibirskenergoen.wikipedia.org

  The first unit of TPP-5 entered service. The station later became the largest generating asset associated with Novosibirskenergo, with reported capacity of approximately 1,200 MW.

• 1957

  First unit of the Novosibirsk Hydroelectric Station enters service

  [1]Novosibirskenergoen.wikipedia.org

  The first generating unit of the Novosibirsk Hydroelectric Station, later associated with Novosibirskenergo’s generation portfolio, began operating.

Former regional integrated electricity and heat utility serving Novosibirsk Oblast.

• Power generation · 1993

  Electricity generation

  Novosibirskenergo generated electricity through a regional portfolio of six power stations. Most of the fleet was thermal and used coal, gas, or oil, while the company also operated the Novosibirsk Hydroelectric Station. The reported combined installed capacity in 2007 was approximately 2,977 MW.

• Electric utility services · 1993

  Electricity transfer and distribution

  The company’s integrated utility activities included the transfer and distribution of electricity within Novosibirsk Oblast. These network-related functions connected the company’s generation assets with regional electricity customers and formed part of its pre-2011 operating model.

• District heating · 1993

  Thermal energy supply

  Novosibirskenergo produced and supplied heat as part of its regional energy business. Thermal generation was supported primarily by the company’s fossil-fuel power stations, which served the combined electricity and heating requirements of the region.

• Thermal power generation · 1985

  TPP-5 generation

  TPP-5 was the largest power station associated with Novosibirskenergo. Its first generating unit began operating in 1985, and the station was reported to have installed capacity of approximately 1,200 MW. It formed a major part of the company’s thermal-generation profile before the 2011 asset transfer.

• Hydroelectric generation · 1957

  Novosibirsk Hydroelectric Station

  The Novosibirsk Hydroelectric Station was the company’s principal hydroelectric asset. Its first unit entered service in 1957, and its installed capacity was reported at approximately 455 MW. The station was part of the generation portfolio later separated from Novosibirskenergo.

• 2015

  Corporate liquidationOther

  Background

  After the company’s generating assets had been separated and transferred, the original Novosibirskenergo corporate structure no longer operated as the region’s integrated power generator.

  Action taken

  Novosibirskenergo was liquidated in December 2015.

  Aftermath

  The Novosibirskenergo brand became defunct, while the company’s former power-generation assets remained associated with successor arrangements rather than the original legal entity.

  Source

• 2011

  End of in-house electricity generationStrategy

  Background

  Novosibirskenergo had operated as an integrated regional energy company with generation, electricity transfer and distribution, and heat supply. The electricity-sector restructuring process changed the ownership and operating arrangements for its generating assets.

  Action taken

  The company stopped generating energy, and its power plants were transferred to Sibeko.

  Aftermath

  The transfer ended Novosibirskenergo’s role as the direct operator of its former generation fleet and preceded the company’s liquidation in December 2015.

  Source

• 2015

  Novosibirskenergo is liquidated[1]Novosibirskenergoen.wikipedia.org

  Bankruptcy

  The company was liquidated in December 2015 after its generation assets had been separated from the original corporate structure.

• 2011

  Novosibirskenergo ceases electricity generation[1]Novosibirskenergoen.wikipedia.org

  Other

  Novosibirskenergo stopped generating energy, and its power plants subsequently became part of Sibeko. The change ended the company’s role as the operating owner of its former generation fleet.

• 2007

  Novosibirskenergo reports six power stations and nearly 3 GW of installed capacity[1]Novosibirskenergoen.wikipedia.org

  Other

  The company’s reported operating profile included six electric power stations with combined installed capacity of approximately 2,977 MW. Its assets included predominantly fossil-fuel thermal stations and the Novosibirsk Hydroelectric Station.

• 2007

  Novosibirskenergo reports 2007 revenue and operating profit[1]Novosibirskenergoen.wikipedia.org

  Other

  Referenced historical information gives the company’s 2007 revenue as RUB 21,875 million and operating profit as RUB 2,819 million.

1. 1Novosibirskenergoen.wikipedia.org