The business model of Federal Grid Company is aimed at ensuring sustainable development of the Company in the long term and creating values for all stakeholders through consistent implementation of our mission
Resources
(figures are given as of 31 December 2014)
- UNEG electric
grid facilities
138.8 thousand km
of transmission lines
924
substations
- Patents, Licenses, software
- R&D
RUB 3.3 billion
of intangible assets
RUB 0.4 billion
for R&D financing
- Employees’ experience, skills and expertise
94% of employees
with higher or secondary vocational education
24.5 thousand
of employees
- Water and energy recourses
1.16 million m3
of water consumption
968.7 million kWh
of electricity for substation needs
MISSION OF FEDERAL GRID COMPANY
To ensure reliable operation and development of UNEG that will be adequate to economic growth, and demonstrate high economic efficiency and cost minimisation
STRATEGIC GOALS AND OBJECTIVES
- Increase return on equity
- Reduce operating and investment costs
- Maintain financial sustainability
- Develop UNEG infrastructure
- Ensure reliability and quality of electricity supply to customers
- Consolidate all facilities of UNEG electric grids
- Ensure quality customer service
- Develop research and innovation capacity
- Develop and implement new technologies
- Substitute imports in order to support innovative development of the Russian energy sector
- Develop and train personnel
- Provide social support
- Establish a talent pool for a ‘smart energy’ sector
- Engage with higher education institutions
- Ensure environmentalisation and improve energy efficiency of the electric grid operations
- Reduce air emissions of hazardous substances
- Reduce water consumption
VALUE CREATION FOR STAKEHOLDERS
RUB 847 millionof dividends for 2014 |
33%economic value added (EVA) |
RUB 30.6 billionof interest on debt obligations |
RUB 23.5 billionof tax payments |
1,115 kmof transmission lines
|
7,58 thousand MWof transformer capacity commissioned |
RUB 484 millionallocated for R&D Programme |
30 newintellectual property items registered |
23,899jobs |
More then 15 000employees were trained during the year |
RUB 248 millionof environmental costs and investments |
10,4%Reduction in water consumption |
11,7%Waste reduction |
CORE BUSINESS PROCESSES
ELECTRICITY TRANSMISSION
Services of electricity transmission via UNEG are monopoly operations regulated by the State
TECHNOLOGICAL CONNECTION
A service package to connect power receivers of consumers, as well as generating and transmission facilities to Federal Grid’s electric grids
CONSTRUCTION AND RECONSTRUCTION
Implementation of projects on constructing new and reconstructing the existing facilities of electric grid infrastructure to improve the reliability of UNEG
AUXILIARY PROCESSES
Maintenance and Repairs
A package of operations to maintain operational capability and good condition of equipment
Procurement
A set of measures aimed at meeting the Company’s needs in goods and services
Energy Saving and Energy Efficiency
Measures to reduce the volume of consumed energy resources while retaining their beneficial effect
HR Policy
A system of employee engagement that aims at creating conditions for effective development and use of human resources
Industrial Safety
Prevention of accidents at UNEG facilities and readiness to localise and liquidate the fallout of accidents
Social Responsibility
Meeting of voluntary commitments toward stakeholders in order to ensure the Company’s sustainable development
Environment
Minimisation of negative environmental impact when providing electricity transmission services