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Energy audit completed at the Polar Division of “Norilsk Nickel”

GCE Group and Polar Division of the Open Joint Stock Company "Mining and Metallurgical Company “Norilsk Nickel” has completed the energy surveys that has been conducted at the mines, processing and metallurgical plants.

GCE specialists have developed and submitted for consideration 5 organizational and 119 technical measures aimed at energy saving and energy efficiency of the enterprises of the Polar Division. 66 measures of them are with a payback period of 3 years, 15 measures - 3 to 5 years, 43 measures - five years or more. According to the specialists from GCE, the amount of possible savings, depending on the measures vary from 7 000 to 549 million Roubles a year (from $200 to $17 million).

By the initiative of the Polar Division management a “Coordination Council for the implementation of energy saving, energy efficiency and energy security policy.” Its main function includes development, structuring and coordination of activities in this field among the Group companies of the OJSC “Mining and Metallurgical Company “Norilsk Nickel”. The energy surveys at the enterprises in the Norilsk industrial district, development of the energy saving and energy efficiency policy of the Enterprise, as well as an additional program of technical equipment augmentation related to the organization of accounting and control of fuel and energy resources are scheduled to be completed in 2012. As a result of this activity, the Company will determine the period and parameters for the implementation of a certified system based on the adopted international standard.

Vasiliy Tarasovskiy, the Director of Energy Efficiency of the GCE Group believes that the implementation of this system will enable “Norilsk Nickel” to achieve the medium-term annual savings of about 170 million roubles ($5 million).

According to Cyril Metioglova, the advisor to the Polar Division Director, the measures proposed by the GCE Group and the accumulated experience and the professional achievements of the Polar Division will enable to develop a comprehensive long-range program of energy saving and energy efficiency for the period until 2016. It will function in accordance with the existing medium-term planning programs and the “Industrial and Technical Development Strategy of the Company for the period until 2025.” The main objective of modernization and technological development in this area is not only energy saving and energy efficiency, but also, to a greater extend, increasing the overall productivity of fixed assets, reducing the costs and adverse environmental impacts, and, consequently, improving the working conditions of employees of the Company in the Far North conditions. 

About the companies:
Among the GCE Group, GCE-Energo is engaged in consulting in the field of energy efficiency, which is the largest energy auditor of Europe. Clients of the company in Russia include enterprises like Gazprom, Rosneft, Rusal, Evraz Group, Sibur, TGC-1, OGK-1 and many others.

Open Joint Stock Company "Mining and Metallurgical Company “Norilsk Nickel” is a diversified mining company, being the world's largest producer of nickel and palladium, a leading producer of platinum, cobalt, copper and rhodium. The company also produces gold, silver, iridium, osmium, selenium ruthenium and tellurium.

The production facilities of MMC “Norilsk Nickel” are located in Russia in the Norilsk industrial region and the Kola Peninsula, as well as in Finland, Australia, Botswana and South Africa.
In Russia, the shares of OJSC “MMC  “Norilsk Nickel” are traded on the MICEX-RTS. ADRs are traded on the OTC market in the U.S., London and Berlin stock exchanges   .

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