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Irkutskenergo is a leader in greenhouse gas emission reduction in Russia

PJSC Irkutskenergo (a company forming part of EuroSibEnergo, Russia's largest private power company) has won the Climate and Responsibility 2015 National Competition for the best initiative to reduce greenhouse gas emissions. The competition was organized by the Ministry of Natural Resources and Environment of the Russian Federation.

The company ranked first in the main category: the Best Organization in the Sphere of Greenhouse Gas Emission Reduction among Organizations in the Manufacturing Industry with Emissions Exceeding 150,000 tons of CO2 Equivalent per Year. Over 50 major Russian companies participated in the competition; they submitted information on the projects they had implemented to reduce greenhouse gas emissions to the competition panel.

Between 1990 and 2015, PJSC Irkutskenergo almost halved its emissions of CO2 equivalent from 31.5 mln tons to 17.2 mln tons per year. This was achieved through HPP upgrades and an increase in clean power generation, which has partially replaced coal-fired generation; a drastic reduction of losses in electricity grids and heating networks, which has enabled a significant decrease in fossil fuel combustion, and a switchover of a number of boiler houses from coal to gas.

"Since the early 2000s, Irkutskenergo has been working consistently to reduce greenhouse gas emissions, and we are glad that our efforts have been appreciated. We will continue to build on our success; by 2020, we plan to achieve a further 15-20% reduction in greenhouse gas emissions compared to 2015," commented Oleg Prichko, CEO of PJSC Irkutskenergo.

"Greenhouse gases are one of the main causes of global climate change, and measures aimed at reducing their emission top the agenda of the world's largest energy companies, including EuroSibEnergo. Russia has an enormous potential for reducing greenhouse gas emissions and developing clean renewable energy; in the future, this may provide a foundation for the transition to a low-carbon economy. We are proud to be at the forefront of this process," said Vyacheslav Solomin, CEO of JSC EuroSibEnergo.

About the New Energy Program:

 

EuroSibEnergo is implementing a comprehensive program titled "New Energy"; the program is aimed at upgrading HPPs forming part of the Angara-Yenisei Cascade and will help to reduce greenhouse gas emissions by 2 mln tons by 2018. The first stage of the program is to be completed in 2018. It involves large-scale overhauls and replacement of main equipment at the Company's three largest HPPs in Siberia: the Krasnoyarskaya, Bratskaya and Ust-Ilimskaya HPPs. This will include upgrades of hydroelectric units and replacement of 12 rotor wheels, transformers and outdoor switchgears at the HPPs. These measures will enable EuroSibEnergo's HPPs in Siberia to increase environmentally friendly electricity generation by 1.5 TWh per year by 2018, while water consumption will remain unchanged. Hydropower will partially replace coal-fired generation, saving up to 800,000 tons of coal per year and reducing greenhouse gas emissions from coal-fired power plants by 2 mln tons per year, which will have a positive impact on the environment in various regions of Siberia. EuroSibEnergo will invest about RUB 15 bln in the first stage of the New Energy HPP upgrade program.

 

Press service of JSC EuroSibEnergo

September 23, 2016
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