|
Balancing Market |
A vehicle for offsetting of deviations from estimated electricity supply volumes as determined by competitive selection of price bids, intended to balance the system, and/or as determined by actual production/consumption of electric power based on commercial accounting data |
|
UN Global Compact |
A major global initiative to assert global corporate citizenship. The Global Compact provides business communities with a framework to adapt their activities and strategies to the 10 universally recognised principles in the spheres of human rights, employment relations, environmental protection and combatting corruption |
|
Stakeholders |
Individuals, entities, or communities that may affect the company’s activities or may be affected by the company’s activities, products or services |
|
Ash-Disposal Area |
Area for the collection and natural disposal of waste ash and slag produced by a thermal power plant |
|
Corporate Volunteering |
Voluntary involvement of employees in various social programmes supported by their companies |
|
Minority Shareholder |
A company shareholder (either an individual or a legal entity) whose participatory interest is not sufficient to enable such shareholder to be directly involved in governance of the company (e.g., appointment of the board of directors). Such an interest is called a minority interest |
|
Wholesale Electricity |
A market for specific goods — electricity and electric generating capacity — as part of Russia’s United Energy System within the unified economic space of the Russian Federation, involving major producers and major purchasers of electricity and capacity, as well as other agents with the status of wholesale market entity, acting in compliance with the Rules of the Wholesale Market, which have been approved by the Government of the Russian Federation in accordance with the Federal Law “On the Electric Power Industry”. The criteria for designating producers and purchasers of electricity as major producers and major purchasers are established by the Government of the Russian Federation |
|
Net Output |
Electricity and heat that has been generated and paid for by consumers |
|
Regulated Contracts |
Electricity and/or capacity purchase contracts between a supplier and a purchaser when prices are set in accordance with the electricity and/or capacity tariffs of the Federal Tariff Service (FTS) |
|
Day-Ahead Market |
Competitive selection of supplier and purchaser price bids a day ahead of the actual electricity supply, involving the setting of supply prices and volume at every hour of the next day |
|
System Reliability Market |
An organised market that ensures incentives for maintaining and developing power generating equipment (including equipment with specific optional features) as part of Russia’s United Energy System |
|
Free Bilateral Contracts |
Electricity purchase contracts between a supplier and a purchaser when prices are set by agreement between the parties |
|
Process Mining Technology |
Technology that enables identification and analysis of actual business processes by retrieving data from event logs that are available in up-to-date information systems |
|
TOP-5+ |
Five work spheres with the highest risk of severe injury or fatality:
|
|
Installed Capacity |
Total nominal operational capacity of generator units at company power plants |
|
Sustainable |
System of economic, environmental, and social activities implemented in cooperation with stakeholders and aimed at better management of risks, long-term improvement of the company’s image and business reputation, and increase of its capitalisation and competitiveness |
|
Cold Reserve |
Operational capacity of standby generating equipment (serviceable generating equipment that is available for start-up at any time but is not operated simultaneously with main equipment) |
|
UN Sustainable Development Goals |
Goals adopted by the UN General Assembly in the Sustainable Development Agenda 2010 and aimed at preserving the Earth’s resources and ensuring human well-being. The goals include a number of indicators to be achieved within 15 years |