SUEK is one of the world’s leading energy companies
Andrey Melnichenko, SUEK’s main beneficiary
The global energy markets are transforming, as both developed and developing markets adapt and evolve to support the move to a more sustainable planet. Those countries with the resources and infrastructure to transform their energy supply systems are developing renewable energy sources.
In developing countries across the world, where communities are still dependent on affordable and reliable coal-fired energy, new HELE coal-fired power plants are being built to address growing electricity demand while reducing environmental impact.
SUEK has a vital role to play within the evolution of this energy balance. Our high-CV coal and co-generation plants are critical to guaranteeing reliable and affordable heat and electricity supply to millions of people, many of whom live in extreme environments, and our commitment to these communities remains absolute.
Alongside this, we maintain a focus on operational excellence, which includes ensuring the highest standards of industrial safety across all of our businesses, supported by the introduction of new technologies and trainings as well as the increasing automation and digitalisation of processes.
The synergies and increased operating efficiencies we have achieved over the year have further strengthened our model to deliver a strong performance through the lows of the industry cycle and we are well-positioned for growth opportunities.