Moscow, 1 December 2003. The results of 1st month of trading in the "5-15" competitive segment* of the wholesale electricity market have been released today.
As at the end of the 1st month of trading, the turnover of the competitive segment made RUB328.6 million, with 521.8 million kWh of electricity sold on the "5-15" market. The average price of electricity in the competitive segment was RUB 264.25 per MWh, which is RUB12.69 per MWh less than that of the regulated segment of the wholesale market.
Since 1 November this year, the electricity trading in the 5-15 segment has been effected on a spot basis, with selection of bids and offers in an unregulated market environment. To date, 14 market participants have taken part in the trading.
Buyers: OAO "Belgorodenergo", OAO "Ivenergo", OAO "Kalugaenergo", OAO "Lenenergo", OAO "Nizhnovenergo", OOO "Metallenergofinans" (representative of OAO "Nizhnetagilsky Metallurgichesky Kombinat" ("Nizhny Tagil Iron & Steel Mill"), and OAO "Chelyabenergo";
Electricity suppliers: OAO "Volzhskaya HPP named after Lenin" (Zhigulevsk), OAO "Konakovskaya TPP", OAO "Kostromskaya TPP", OAO "Orenburgenergo", OAO "Permskaya TPP", OAO "Ryazanskaya TPP", OAO "Sverdlovenergo" (the latter also submitted bids to purchase electricity).
Non-Profit Partnership "Administrator of Trading System" (NP "ATS") is the organizer of trading in the competitive segment ("5-15") of the electricity market. According to NP "ATS", new clients are preparing documents to get access to the trading system, which means that by mid-December, the number of trading participants may increase twofold.
* The 5-15 segment for competitive electricity trading was launched pursuant to Resolution of the Government of the Russian Federation No. 643 dated 24 October 2003.
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