Friday, 14 May 2021 Inter RAO Group Consolidated Financial and Operating Results for 1Q of 2021.
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Russian Power Generation and Heat Production Companies of Inter RAO Group Announce RAS Financial Results for the Twelve Months of 2020

Inter RAO Group and the Energy Without Borders foundation picked the Energy accelerator winners

28 January 2021

An expert committee consisting of Inter RAO Group and Energy Without Borders executives picked the winners of the Energy accelerator. The winning companies will continue to refine their solutions in accordance with the requirements presented by the pilot sites - companies of the Group.

Testing took place at 10 pilot sites of Inter RAO Group during the fall of 2020. Testing procedures were aimed at evaluating the efficiency of the solutions and their applicability in the Group's ecosystem. The solutions included projects in process robotics, artificial intelligence, machine vision, the Internet of things, virtual reality and advanced analytics. At the final presentation session, the finalists demonstrated the results of testing on pilot sites and the financial and economic model of each project.

The winners of the Energy accelerator:

  1. RFSens – integrated solution for monitoring the temperature of critical points of power equipment. The solution is based on passive wireless temperature sensors monitored through a radio channel with a compact reader.
    Pilot site: BGC LLC.
  2. СPS Lab – monitoring of personnel at the enterprise using smart watches and sensors to ensure safety and increase labor efficiency.
    Pilot site: QUARTZ Group LLC.
  3. ARPort SafetyVR – virtual, augmented reality and online simulators for teaching production skills and safe work execution.
    Pilot site: LLC Inter RAO — Management of Electric Power Plants, IRAO CKO (Center for Corporate Training).
  4. SKM Market predictor – automated system for optimizing orders in the day-ahead markets using mathematical scenario modeling of forecasting results and selection of optimal parameters for an order.
    Pilot site: JSC Inter RAO – Electric Power Plants.
  5. Vizor Labs – automated system based on computer vision for ensuring personnel compliance with safety requirements, wearing PPE, preventing industrial injuries, reducing the risk of accidents with consequences caused by the human factor and improper staff operation.
    Pilot site: BGC LLC.
  6. Enreport – cloud platform that optimizes behavioral strategies in the energy markets for generating companies, energy consumers and energy supplying organizations.
    Pilot site: BGC LLC.
  7. Itorum MR – improves the efficiency of support and maintenance systems.
    Using AR glasses, helps customers to remotely repair equipment, train staff and optimize costs
    Pilot site: JSC Inter RAO - Engineering.
  8. O.Vision – high-performance biometric reader using face recognition technology.
    Pilot site: Mosenergosbyt JSC.
  9. ROBOCLAIM – platform for automating debt collection and analysis using machine learning and artificial intelligence.
    Pilot site: Saratovenergo PJSC.
  10. FreshDoc – file constructor that speeds up the process of creating outgoing company legal documents: contracts, claims, powers of attorney, corporate and tender documentation.
    Pilot site: Mosenergosbyt JSC.

“The pilot sites took the startup projects for testing with interest, and this is a good indicator, -said the Managing Director of the Energy Without Borders Fund, Valery PESHKOV. - This means that Inter RAO Group is fully prepared to introduce innovations, further digital transformation and technological progress. The accelerator finalists showed their capabilities during the testing phase. Our joint work discovered new areas of application and operation that the startup developers were not even aware of themselves”.

«It is planned to conclude agreements with a number of winning companies for the adaptation (revision) of solutions in order to meet the requirements set by the pilot sites of the Inter RAO Group and increase the competitive edge of the final product. Accelerated implementation procedure is being planned for winning projects that are immediately ready for implementation without adaptation and for bringing economic benefit to the Group or integration into already implemented projects of Inter RAO Group, - said Valery MURGULETS, Member of the Management Board and Head of the Innovation, Investment and Cost Management Division, PJSC Inter RAO. - The main aim of the Accelerator is completed – the company has tested the solutions of startups on the pilot sites of Inter RAO Group and selected the most effective ones that can bring economic benefits to the Group in the near future».

The accelerator is organized by the Energy Without Borders foundation. Industrial partner: Inter RAO. Program operator: YellowRockets in partnership with PwC in Russia.

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Energy Without Borders foundation finances innovative solutions and technologies, exploratory and applied research, as well as other research, development and technological activity aimed at the innovative development of the electric power industry.

Inter RAO is a unique and diverse Russian energy industry holding company, whose business covers the production and sale of electric and thermal energy, international energy trading, and engineering in the electric power industry.

YellowRockets is a company developing a global startup community. The YellowRockets.vc venture capital fund invests in early stage startups with a strong team and development potential. YellowRockets specializes in organizing acceleration programs for startups, cooperates with leading Russian and international venture funds, development institutions, business angel communities and corporations.

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Inter RAO Group became a leader of CDP international climate rating
Consolidated
financial statements
prepared according to
IFRS
for 2020
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Reference

Inter RAO Group is a diversified energy holding serving various segments of Russian and international electric power industry. The Group is the leading exporter and importer of electricity in Russia actively increasing electricity generation and sales, and developing new lines of business.

The corporate strategy of Inter RAO is focused on making Inter RAO a global energy enterprise, a key player in the global energy market, and Russia's leading electric utility by energy efficiency. Inter RAO Group owns and operates approximately 31.1 GW of installed power generation capacity.

www.interrao.ru