The Trading System Administrator (ATS, the structure of the Market Council - the regulator of energy markets) has published the results of the selection of investment projects for renewable energy to be commissioned in 2023–2028. In just six years, investors will build 2.7 GW of green generation in Russia, including 774.84 MW of solar power plants in 2023–2024, 1.85 GW of wind power plants in 2025–2027, and in 2027–2028 - 96 MW mini hydroelectric power plants.
Fortum (controlled by the Finnish Fortum) took the lion's share of the capacity quota at the tender. The company "Wind parks FRV" (JV Fortuma and Rusnano) received 1.39 GW of wind farms, or 75% of the total capacity. All wind farms will be built in the European part of the Russian Federation. Fortum and Rusnano managed to become the selection leaders due to a record reduction in the one-part price in bids. According to Vladimir Sklyar from VTB Capital, the average rate for their projects was 2.22 thousand rubles. The one-part price of the wholesale energy market in the European part of the Russian Federation and in the Urals now reaches 2.6 thousand rubles.
The structure of Rosatom Novavind took a quarter of the capacity, or 460.7 MW. At the same time, Novavind received half of the investment resource in cash, that is, 6.7 billion rubles, the company said. The average rate for Novavind's projects is 5.1 thousand rubles, according to Vladimir Sklyar's estimates. All wind farm projects will also be built in the European part of the Russian Federation. In the tender, the entire volume of 96 MW was also taken by the RusHydro holding, which will build three mini-HPPs in Kabardino-Balkaria, Chechnya and Dagestan.
