October 16, 2017 - 8:53 AM EDT
Print Email Article Font Down Font Up Charts


Huaneng Power International, Inc. Power Generation Within China Increases by 26.52% for the First Three Quarters

BEIJING, Oct. 16, 2017 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its power generation for the first three quarters of 2017.

According to the preliminary statistics of Huaneng Power International, Inc., (the "Company"), in the third quarter of 2017, the Company's total power generation by power plants within China on consolidated basis amounted to 107.592 billion kWh, representing an increase of 24.36% over the same period last year. Total electricity sold by the Company amounted to 101.092 billion kWh, representing an increase of 23.79% over the same period last year. For the first three quarters of 2017, the Company's total power generation by the power plants within China on consolidated basis amounted to 294.271 billion kWh, representing an increase of 26.52% over the same period last year. Total electricity sold by the Company amounted to 277.212 billion kWh, representing an increase of 26.16% over the same period last year. In the first three quarters of 2017, the Company's average on-grid electricity sales price for its power plants within China amounted to RMB408.96 per MWh, representing an increase of 3.68% over the same period last year.

The substantial increase in the Company's power generation was mainly attributable to the following factors: (1) The acquisition of the power assets in areas like Heilongjiang, Jilin and Shandong by the Company contributed to the substantial increase in power generation of the Company; and (2) The thermal power generation in central China, eastern China and Guangdong increased year on year.

The power generation (in billion kWh) in each region of the Company's domestic power plants are listed below:

 

 

 Region

Power Generation

Electricity Sold

July to September 2017

 

Change

January to September 2017

 

Change

July to September 2017

 

Change

January to September 2017

 

Change

*Heilongjiang Province               

3.420

4.71%

9.837

5.65%

3.190

4.55%

9.204

5.71%

*Coal-fired

3.207

2.91%

9.188

4.21%

2.987

2.89%

8.576

4.31%

*Wind-power

0.213

42.06%

0.649

31.31%

0.202

37.08%

0.629

29.42%

*Jilin Province

2.259

8.32%

6.242

10.58%

2.135

8.20%

5.887

10.87%

*Coal-fired

1.992

5.62%

5.408

7.42%

1.881

5.55%

5.092

7.45%

*Wind-power

0.187

56.36%

0.613

53.09%

0.180

53.19%

0.591

56.26%

*Hydro-power

0.017

-26.22%

0.062

15.04%

0.017

-25.61%

0.061

15.52%

*PV

0.0065

-

0.0068

-

0.0065

-

0.0067

-

*Biomass power

0.056

-0.28%

0.152

-2.53%

0.051

-0.52%

0.136

-2.41%

Liaoning Province

6.078

13.05%

14.649

2.55%

5.686

12.77%

13.699

2.13%

Coal-fired

5.968

12.50%

14.339

2.18%

5.577

12.18%

13.392

1.73%

Wind-power

0.067

20.53%

0.236

12.75%

0.066

20.76%

0.235

12.69%

Hydro-power

0.015

70.24%

0.029

-10.90%

0.014

69.74%

0.028

-11.18%

PV

0.0287

283.50%

0.0458

342.56%

0.0283

283.55%

0.0449

349.86%

Inner Mongolia

0.042

16.87%

0.154

-0.93%

0.041

16.63%

0.152

-1.24%

Wind-power

0.042

16.87%

0.154

-0.93%

0.041

16.63%

0.152

-1.24%

Hebei Province

3.854

6.91%

10.621

3.99%

3.615

7.00%

9.978

3.83%

Coal-fired

3.803

6.10%

10.443

3.13%

3.567

6.10%

9.824

3.08%

Wind-power

0.041

216.84%

0.147

84.62%

0.039

223.17%

0.126

66.99%

PV

0.0100

31.41%

0.0309

289.22%

0.0094

88.58%

0.0290

481.86%

Gansu Province

2.085

1.31%

7.195

0.59%

1.975

0.19%

6.819

-0.28%

Coal-fired

1.603

-5.42%

5.999

-1.69%

1.506

-7.21%

5.663

-2.88%

Wind-power

0.483

32.63%

1.195

13.89%

0.469

34.62%

1.155

14.80%

Ningxia

0.0067

-

0.0071

-

0.0064

-

0.0068

-

PV

0.0067

-

0.0071

-

0.0064

-

0.0068

-

Beijing

1.021

-42.88%

4.368

-22.00%

0.980

-41.69%

4.129

-20.90%

Coal-fired

0.121

-81.91%

1.207

-49.05%

0.102

-82.50%

1.047

-49.22%

Combined Cycle

0.900

-19.68%

3.161

-2.17%

0.878

-19.98%

3.082

-2.42%

Tianjin

2.222

21.72%

5.467

6.57%

2.096

21.27%

5.145

6.31%

Coal-fired

1.691

38.40%

4.381

18.06%

1.578

38.64%

4.087

18.27%

Combined Cycle

0.531

-12.13%

1.085

-23.52%

0.517

-12.39%

1.057

-23.61%

PV

0.0008

-

0.0008

-

0.0008

-

0.0008

-

Shanxi Province

2.009

-22.35%

7.417

-13.81%

1.849

-23.43%

6.946

-14.03%

Coal-fired

1.926

-20.60%

5.370

-22.74%

1.781

-21.16%

4.966

-23.27%

Combined Cycle

0.064

-60.25%

2.028

22.58%

0.062

-60.25%

1.973

22.82%

PV

0.0185

-

0.0188

-

0.0060

-

0.0060

-

Shandong Province

25.367

104.60%

67.219

104.45%

23.710

111.51%

62.927

112.78%

Coal-fired

25.232

103.51%

66.772

103.09%

23.576

110.32%

62.492

111.31%

*Wind-power

0.065

6.23%

0.322

12.44%

0.062

9.54%

0.312

12.12%

*PV

0.0695

271.48%

0.1242

221.86%

0.0687

229.60%

0.1233

233.68%

Henan Province

5.409

-11.18%

16.281

2.46%

5.069

-4.35%

15.326

11.37%

Coal-fired

5.056

-7.95%

14.919

3.30%

4.724

-10.86%

13.993

1.68%

*Combined Cycle

0.328

-44.99%

1.298

-10.29%

0.321

-45.01%

1.270

-10.32%

Wind-power

0.018

-

0.056

-

0.018

-

0.056

-

PV

0.0063

-

0.0077

-

0.0062

-

0.0076

-

Jiangsu Province

11.659

-4.90%

33.044

3.81%

10.950

-5.75%

31.243

3.36%

Coal-fired

9.599

-12.10%

28.541

-1.34%

9.032

-12.36%

26.950

-1.59%

Combined Cycle

1.807

48.10%

3.819

52.68%

1.682

40.59%

3.656

48.88%

Wind-power

0.235

97.81%

0.654

63.40%

0.218

87.45%

0.606

56.70%

PV

0.0186

-

0.0306

-

0.0184

-

0.0301

-

Shanghai

5.317

11.22%

14.083

2.08%

5.015

11.10%

13.327

1.95%

Coal-fired

4.798

14.06%

12.636

1.76%

4.509

13.94%

11.914

1.58%

Combined Cycle

0.519

-9.64%

1.447

4.92%

0.506

-9.12%

1.413

5.18%

Chongqing

2.469

-17.74%

6.680

-8.27%

2.278

-18.38%

6.191

-8.43%

Coal-fired

2.120

-8.85%

5.602

-6.41%

1.939

-9.11%

5.141

-6.48%

Combined Cycle

0.349

-48.32%

1.078

-16.89%

0.340

-48.42%

1.049

-16.89%

Zhejiang Province

7.090

-0.18%

20.534

12.67%

6.791

-0.20%

19.706

12.82%

Coal-fired

6.901

-0.11%

20.105

12.41%

6.605

-0.13%

19.287

12.56%

Combined Cycle

0.174

-5.37%

0.390

20.58%

0.169

-5.68%

0.380

20.30%

PV

0.0157

45.30%

0.0384

150.28%

0.0164

49.03%

0.0382

148.93%

Hubei Province

4.513

3.02%

11.045

6.76%

4.220

3.06%

10.331

6.52%

Coal-fired

4.327

2.26%

10.559

5.67%

4.040

2.01%

9.859

5.24%

Wind-power

0.072

27.57%

0.218

90.21%

0.071

59.92%

0.214

111.71%

Hydro-power

0.112

20.18%

0.266

11.72%

0.109

20.91%

0.258

12.15%

PV

0.0020

-

0.0020

-

0.0003

-

0.0003

-

Hunan Province

2.646

9.92%

6.554

18.91%

2.474

9.48%

6.128

18.32%

Coal-fired

2.455

10.80%

5.874

21.56%

2.285

10.38%

5.457

21.05%

Wind-power

0.121

1.14%

0.410

4.10%

0.119

1.11%

0.406

4.08%

Hydro-power

0.062

-15.22%

0.260

-9.26%

0.060

-15.33%

0.255

-9.28%

PV

0.0092

-

0.0107

-

0.0091

-

0.0105

-

Jiangxi Province

5.633

14.81%

14.621

17.10%

5.365

14.57%

13.955

17.19%

Coal-fired

5.558

13.75%

14.451

16.39%

5.306

13.79%

13.810

16.63%

Wind-power

0.075

277.37%

0.170

144.71%

0.059

203.71%

0.145

112.93%

Anhui Province

1.530

-6.72%

4.376

-1.64%

1.458

-6.73%

4.182

-1.04%

Coal-fired

1.462

-5.94%

4.199

-1.55%

1.390

-5.91%

4.007

-1.32%

Wind-power

0.035

8.73%

0.093

91.00%

0.034

8.82%

0.093

194.30%

Hydro-power

0.034

-38.26%

0.083

-38.06%

0.033

-38.36%

0.083

-38.16%

Fujian Province

3.258

19.00%

7.283

18.82%

3.070

18.93%

6.863

18.87%

Coal-fired

3.254

18.83%

7.278

18.75%

3.068

18.87%

6.861

18.84%

PV

0.0045

-

0.0048

-

0.0015

-

0.0015

-

Guangdong  Province

5.767

23.72%

15.001

19.87%

5.484

23.29%

14.321

19.78%

Coal-fired

5.760

23.63%

14.984

19.76%

5.477

23.18%

14.304

19.65%

PV

0.0072

200.51%

0.0172

621.99%

0.0071

319.66%

0.0172

907.76%

Yunnan Province

0.867

-0.51%

2.747

-7.89%

0.795

-0.50%

2.538

-7.50%

Coal-fired

0.808

-1.69%

2.439

-11.98%

0.739

-2.49%

2.239

-12.13%

Wind-power

0.058

19.09%

0.309

45.61%

0.057

35.57%

0.299

52.77%

Guizhou Province

0.009

6.64%

0.043

31.24%

0.009

5.68%

0.042

63.54%

Wind-power

0.009

6.64%

0.043

31.24%

0.009

5.68%

0.042

63.54%

Hainan Province

3.059

3.62%

8.801

-11.03%

2.831

3.43%

8.166

-11.32%

Coal-fired

2.985

6.25%

8.576

-11.18%

2.758

6.18%

7.945

-11.52%

Combined Cycle

0.006

-87.43%

0.013

-84.11%

0.005

-87.23%

0.013

-83.70%

Wind-power

0.014

6.77%

0.067

12.72%

0.014

6.40%

0.065

12.57%

Hydro-power

0.043

-46.41%

0.124

39.10%

0.043

-46.59%

0.122

39.66%

PV

0.0110

201.41%

0.0211

476.52%

0.0109

202.58%

0.0208

477.91%

Total

107.592

24.36%

294.271

26.52%

101.092

23.79%

277.212

26.16%

Note: The remark * represented the regional companies or power plants involved in the new acquisition by the Company at the end of 2016. They had been incorporated in the Company's financial statements since 1 January 2017, and the year-on-year data of which is for information only.

For the thrid quarter of 2017, the power generation of Tuas Power Limited in Singapore, which is wholly-owned by the Company, accounted for a market share of 22.4% in Singapore, representing an increase of 1.2 percentage points compared to the same period last year. In the first three quarters of 2017, the accumulated power generation accounted for a market share of 21.8%, representing an increase of 0.3 percentage point compared to the same period last year.

In addition, Units 1 and 2 of Huaneng Jiangsu Suzhou Gas Turbine Combined Cycle Thermal Power (452 MW), part of the wind turbine units (24 × 2) of Huaneng Jiangxi Linghuashan Wind Turbine (48 MW), Huaneng Liaoning Jianchang Bashihan Photovoltaic (22.03 MW), Huaneng Liaoning Jichang Bashihan Photovoltaic Phase II (22.03 MW), Huaneng Liaoning Xiaode Yingzi Photovoltaic (15.56 MW), Huaneng Liaoning Chaoyang Heiniu Yingzi Photovoltaic (18.79 MW), part of the photovoltaic power generation units of Huaneng Hubei Suizhou Zengdufu River Terrestrial Photovoltaic (16.7 MW) (each being wholly owned by the Company), as well as part of the wind turbine units (20 × 5 +24 ×4) of Huaneng Jiangsu Rudong Offshore Wind Power (196 MW) (which is 75% owned by the Company) and part of the photovoltaic power generation units of Huaneng Hainan Haikou Power Plant Ash Field (12.5 MW) (which is 91.8% owned by the Company) have been put into operation in the third quarter. Meanwhile, the installed capacity of certain power plants invested by the Company also changed. As of 30 September 2017, the Company had a controlled installed capacity of 102,502 MW and an equity-based installed capacity of 91,138 MW.

About Huaneng Power International, Inc.

Huaneng Power International, Inc. is one of China's largest listed power producers with controlled generation capacity of 102,502 MW and an equity-based installed capacity of 91,138 MW. Its power plants are located in 25 provinces, municipalities and autonomous regions in China. It also has a wholly-owned power company in Singapore.

For Enquires, Please Contact

Huaneng Power International, Inc.

Ms. MENG Jing / Ms. ZHAO Lin
Tel:  (86 10) 6608 6765 / 6322 6596
Fax: (86 10) 6322 6888
E-mail: [email protected]

Wonderful Sky Financial Group Limited
Wonderful Sky Financial Group Limited
Ms. Iris OUYANG / Ms. Crystal RUAN
Tel:  (852) 2851 1038
Fax: (852) 2865 1638
Email: [email protected] / [email protected]

View original content:http://www.prnewswire.com/news-releases/huaneng-power-international-inc-power-generation-within-china-increases-by-2652-for-the-first-three-quarters-300537024.html

SOURCE Huaneng Power International, Inc.


Source: PR Newswire (October 16, 2017 - 8:53 AM EDT)

News by QuoteMedia
www.quotemedia.com

Legal Notice