MONTREAL, March 7, 2013 /CNW Telbec/ - Irkutskenergo, part of Russia's
largest independent power company EuroSibEnergo, and Hydro-Québec (HQ),
one of the world's largest hydropower producers, have entered into a
two-year agreement to start a strategic cooperation on hydropower
generation and transmission research and development projects. The
agreement was signed by Artem Volynets, CEO of En+ Group (owner of
EuroSibEnergo) and Élie Saheb, Executive Vice President - Technology at
Under the agreement, Hydro-Québec and Irkutskenergo will collaborate and
conduct technical exchanges on hydropower generation and transmission
and research in leading power technologies on the basis of findings
from Hydro-Québec's research centre (IREQ), whose experience in the
industry is well established internationally.
Irkutskenergo will get access to Hydro-Québec's technological innovation
projects, initially in the power generation and transmission
portfolios. The companies have outlined seven initial joint projects in
generation and transmission, including condition-based maintenance for
turbines and generators and transformer service life, among others.
Irkutskenergo will provide co-financing for the projects and obtain
license rights on Russian territory.
"This cooperation creates new technology transfer opportunities for two
leading hydropower companies, whose assets are located in very similar
regions of the world. Our companies share the same values and place the
responsible development of hydropower and innovation at the heart of
our activities. We believe that this collaboration will not only be
beneficial for our companies but will also provide positive growth to
the world's power industry in general," commented Artem Volynets, CEO
of En+ Group.
"We are very pleased with the recognition of IREQ's expertise in
technological innovation by a company as significant as EuroSibEnergo.
Technological innovation is an important activity for both Hydro-Québec
and Irkutskenergo. This cooperation is part of an open innovation
approach," said Élie Saheb, Executive Vice President - Technology at
EuroSibEnergo (www.eurosib.ru), part of En+ Group, is Russia's largest independent power company in
terms of installed electricity capacity and one of the largest
hydro-electric generating companies in the world. EuroSibEnergo
operates 18 power plants with total installed capacity of 19.5 GW,
including 15 GW from some of Russia's largest hydropower plants in
Siberia. EuroSibEnergo generates about 9% of the Russia's electricity
and about 40% of Siberia's electricity.
Hydro-Québec (www.hydroquebec.com) generates, transmits and distributes electricity. It is Canada's
largest electricity producer and one of the world's largest
hydroelectric power producers. Its sole shareholder is the Québec
government. It uses mainly renewable generating options, in particular
large hydro, and supports the development of other technologies—such as
wind energy and biomass—through purchases from independent power
producers. Its research institute, IREQ, conducts R&D in energy-related
fields, including energy efficiency.
For further information:
EuroSibEnergo (En+ Group)
Press Officer, En+ Group
Tel.: +7 495 642 79 37
Tel.: +1 514 289-4214