About the partnership
The Global Sustainable Electricity Partnership (GSEP) is an international organization, founded in 1991, that unites the largest electric power companies from member states of the Group of Eight (except for the UK). Prior to June 1, 2011, the organization was called the “e8”.
At present, GSEP includes 14 of the world’s leading electricity companies: American Electric Power (USA); Duke Energy (USA), EDF (France); Enel (Italy); Hydro-Quebec (Canada); KANSAI (Japan); Comisión Federal de Electricidad (Mexico), RWE (Germany), OJSC RusHydro (Russia); TEPCO (Japan), the State Grid Corporation of China (PRC), Iberdrola (Spain), Eletrobrás (Brazil) and Eskom (South Africa). Member companies have status as the largest national electric power companies.
The main objectives of GSEP are to:
The strategic management of GSEP is performed collectively by the heads of all the companies having the status of GSEP chairmen. The chairmen’s official meetings are held at the annual Summits.
Operational management of GSEP is performed by the General Secretariat and the Chair Company which rotates on an annual basis, as well as by the permanent management committee. The current organizational activities of GSEP are performed by the General Secretariat under the supervision of the Director. GSEP includes the following permanent working committees: a management one, a policy one and a project one. The policy committee performs the functions of the organization’s analytical and strategic center, in which the Partnership’s policy for the main business areas is worked out. The project committee develops and implements demonstration projects in the sustainable development and renewable energy sources (RES) sphere of the electric power industry.
Materials that are prepared by the policy and project committees are submitted to the management committee. Once approved by the management committee, the prepared documents and decisions are subject to approval at the GSEP Summit. After that, they are submitted to all global events in energy, sustainable development and ecology.
RusHydro in GSEP
Corporate representatives are involved in the work of all organization committees.
The targets of participation goals are to:
International seminar “The Global Hydro-power Industry: Towards Sustainable Development”, April 24-25, 2013, Togliatti (Russia)
The purpose of the International Seminar was to share best global practices and achievements in the development of the global hydro-power industry, and measures aimed at reducingclimateimpact, security and reliability of the energy supply.
The international workshop “The Global Hydro-power Industry: Towards Sustainable Development” was a continuation of an event held in Tucurui, Brazil, November 22-23, 2011, next to Brazil’s largest hydro-power plant. In Tucurui,experts shared their experience in implementing large hydro-power plant construction projects, as well as in regional sustainable hydro-power development, to reduceatmospheric greenhouse gas emissions and upgrade the social and environmental conditions of the hydro-power plant impact area.
At the seminar “The Global Hydro-power Industry: Towards Sustainable Development”,Russian and international experts discussed global best practices for regional hydro-power development based on the experience of leading energy companies. One of the program activities was a technical tour toRusHydro’sZhigulevskaya HPP.
RusHydro’s GSEP Chairmanship
Based on a decision of the GSEP Chairmen’sSummit, which was held in Berlin in June 2012, for the period from June 2013 to June 2014,the functions of the GSEP chair company were transferred to RusHydro.
The Russian year to head up the GSEP is an important event for both the company and for the Russian electricity industry.
RusHydro declared that the theme of the year(each chair company declares its own theme of the year) is “Innovations - a Fast Track to a Sustainable World”, since sustainable development problems cannot be solved without an innovation breakthrough.
As the chair company, RusHydrowill organize and hold meetings of the project, policy and management committees in Russia. The key event will be the GSEP Summit, which will be held in Moscow in early June 2014. The Summit will be attended by the heads of the world’s largest energy companies, which are members of GSEP.
Shares / ADR