Key Production and Sales Indicators


Electricity Production Indicators for 2015

The Company has permits of unlimited duration to produce electricity. In total, almost 2.007 TWh of electricity produced in the power plants managed by the Company were sold in 2015. Compared to 2014, in 2015 the total amount of electricity produced in all power plants of the Company grew by 9 per cent; growth was mostly caused by the increased production of electricity to be supported in the Elektrėnai complex (see Figure below).

A comparison of production volumes of individual power plants shows that in 2015, compared to 2014, electricity production in the Kaunas HPP was rapidly decreasing. In this power plant, almost 0.274 TWh of electricity were produced and sold in 2015. This is approximately 13 per cent less than in 2014 (0.317 TWh). The Kaunas A. Brazauskas HPP work capacity was lower than usual because of low Nemunas water discharge.

Production volumes of the Kruonis PSHP, compared to the volumes of the previous years, almost did not change: within 2015, 0.665 TWh of electricity were produced and sold – slightly more than in 2014 (0.661 TWh).

In the Elektrėnai complex, 1.067 TWh of electricity to be supported were produced in 2015 (in 2014 – 0.858 TWh). The increase was caused by amended provision conditions of a public service obligation that encompasses the production of electricity necessary for ensuring the safety of electricity supply. In 2015, electricity to be supported was produced continuously from the 15th of April to the 15th of October. At the end of this period, when electricity prices increased, the combined cycle unit produced electricity in excess of the quotes for several days as a competitive unit.

Electricity produced in the Company's controlled power plants and traded (TWh)

Electricity Trade Indicators for 2015

In 2015, the Company sold nearly 2.229 TWh of electricity, which is 6% less than in 2014, when sales totalled slightly over 2.448 TWh (see Figure below).

The Company sold 24% less on exchange and to inde-pendent suppliers. The main reason for the decrease is the fact that trading in derivative financial instruments (mainly Contracts for Difference) rather than trading in physical electricity was having an increasingly larger share in the Company‘s electricity trading portfolio.

Since 8 January 2013 the Company is performing the functions of the designated entity, i. e. it buys the total amount of electricity projected to be generated at wind farms and sells it in the Lithuanian bidding area of Nord Pool exchange. In 2015, 0.58 TWh of electricity generated at wind farms was sold on the exchange.

Company's electricity sales on the domestic market (TWh)