omniture

Huaneng Power International, Inc. Power Generation Within China Decreases by 5.40% for the First Three Quarters of 2012

2012-10-15 19:49 1218

BEIJING, October 15, 2012 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI" or the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its power generation for the first three quarters of 2012.

According to the Company's preliminary statistics, as of 30 September 2012, the Company's total power generation within China on consolidated basis amounted to 223.662 billion kWh, representing a decrease of 5.40% over the same period last year; accumulated electricity sold amounted to 210.916 billion kWh, representing a decrease of 5.33% over the same period last year.

The decrease in power generation of the Company was mainly attributable to the following reasons:

  1. Affected by the slower economic growth nationwide and the weak demand for electricity, the power generation across the country grew by only approximately 3%. The growth of power generation in the areas where the Company's power plants are located increased by 0.74% on consolidated basis, and the power generation by coal-fired generating plants decreased by over 3.5% on consolidated basis over the same period last year.
  2. The average capacity growth rate of the Company for the first three quarters of 2012 was 2.4 percentage points lower than that in the locations where the Company's power plants are situated, which affected the Company's share in the power generation market.
  3. During the period from May to September 2012, there had been a rich supply of water to hydropower plants in the provinces and municipalities of Hunan, Jiangxi, Chongqing, Fujian, Gansu and Yunnan, leading to a very high loading rate of hydropower units. In particular, there had been a sharp increase in the hydropower generation provided to Guangdong from Three Gorges, Yunnan and Guizhou. The rise of hydropower generation narrowed the demand for coal-fired power generation in the provinces where hydropower is generated or provided, and significantly affected the Company's generation output.
  4. The long-term suspension of the coal mines in the surrounding areas of Yunnan Diandong due to safety accidents in the first quarter of this year resulted in tense supply of coal to the Company's two power plants in Diandong, and affected electricity production of the Company.

The power generation and electricity sold by each of the Company's domestic power plants for the first three quarters of 2012 are listed below (in billion kWh):

Domestic Power Plant

Power

generation

for the first three quarters of 2012

Power

generation

for the first three quarters of 2011

Change

Electricity

sold for the first three quarters of 2012

Electricity

sold for the first three quarters of 2011

Change

Liaoning Province

Dalian

4.350

5.054

-13.93%

4.136

4.795

-13.74%

Dandong

2.362

2.518

-6.20%

2.247

2.396

-6.22%

Yingkou

5.808

6.539

-11.18%

5.433

6.124

-11.28%

Yingkou Co-generation

2.438

2.282

6.84%

2.284

2.129

7.28%

Wafangdian

Wind Power

0.071

0.037

91.89%

0.070

0.035

100%

Suzihe Hydropower

0.009

-

-

0.008

-

-

Inner Mongolia

Huade Wind Power

0.151

0.093

62.37%

0.150

0.092

63.04%

Hebei Province

Shang'an

10.985

11.109

-1.12%

10.248

10.447

-1.90%

Kangbao Wind Power

0.042

0.00029

14383%

0.042

-

-

Gansu Province

Pingliang

6.512

9.066

-28.17%

6.148

8.582

-28.36%

Jiuquan Wind Power

0.580

-

-

0.575

-

-

Beijing

Beijing Co-generation

3.342

3.691

-9.46%

2.946

3.263

-9.71%

Beijing Co-generation

(Combined Cycle)

2.622

-

-

2.558

-

-

Tianjin

Yangliuqing

Co-generation

4.989

5.095

-2.08%

4.643

4.766

-2.58%

Shanxi Province

Yushe

2.646

3.064

-13.64%

2.445

2.830

-13.60%

Zuoquan

4.543

-

-

4.226

-

-

Shandong Province

Dezhou

11.430

11.335

0.84%

10.726

10.666

0.56%

Jining

3.790

3.769

0.56%

3.517

3.503

0.40%

Xindian

2.649

2.505

5.75%

2.480

2.344

5.80%

Weihai

8.488

8.248

2.91%

8.081

7.848

2.97%

Rizhao Phase II

5.855

6.337

-7.61%

5.543

5.983

-7.50%

Zhanhua Co-generation

1.361

1.232

10.47%

1.243

1.126

10.39%

Henan Province

Qinbei

13.163

11.673

12.76%

12.402

11.009

12.65%

Jiangsu Province

Nantong

6.578

7.148

-7.97%

6.273

6.819

-8.01%

Nanjing

2.792

2.936

-4.90%

2.636

2.769

-4.80%

Taicang

9.117

8.648

5.42%

8.673

8.179

6.04%

Huaiyin

5.426

5.843

-7.14%

5.103

5.494

-7.12%

Jinling

(Combined-cycle)

3.314

2.819

17.56%

3.240

2.752

17.73%

Jinling (Coal-fired)

8.047

8.641

-6.87%

7.659

8.124

-5.72%

Qidong Wind Power

0.256

0.214

19.63%

0.250

0.209

19.62%

Shanghai

Shidongkou First

5.973

5.865

1.84%

5.638

5.520

2.14%

Shidongkou Second

5.016

5.616

-10.68%

4.812

5.390

-10.72%

Shanghai

Combined-cycle

1.199

1.031

16.29%

1.169

1.005

16.32%

Shidongkou Power

5.638

4.812

17.17%

5.356

4.538

18.03%

Chongqing

Luohuang

8.449

12.119

-30.28%

7.795

11.229

-30.58%

Zhejiang Province

Yuhuan

17.465

20.431

-14.52%

16.599

19.452

-14.67%

Hubei Province

Enshi Maweigou

Hydropower

0.039

-

-

0.038

-

-

Hunan Province

Yueyang

5.662

7.961

-28.88%

5.285

7.485

-29.39%

Xiangqi Hydropower

0.126

-

-

0.125

-

-

Jiangxi Province

Jinggangshan

6.382

7.188

-11.21%

6.074

6.835

-11.13%

Fujian Province

Fuzhou

9.711

12.610

-22.99%

9.206

11.979

-23.15%

Guangdong Province

Shantou Coal-fired

4.693

5.355

-12.36%

4.442

5.020

-11.51%

Haimen

9.523

10.685

-10.88%

9.089

10.206

-10.94%

Yunnan Province

Diandong Energy

6.251

8.432

-25.87%

5.769

7.770

-25.75%

Yuwang Energy

3.819

4.427

-13.73%

3.543

4.067

-12.88%

Total

223.662

236.428

-5.40%

210.916

222.780

-5.33%

The accumulated power generation of Tuas Power Limited in Singapore accounted for a market share of 26.2% in Singapore for the first three quarters of 2012, representing a decrease of 1.3 percentage points compared to the same period last year.

About the Company

The Company is one of China's largest listed power producers with controlled generation capacity of 60,317MW and equity-based generation capacity of 55,357MW. The power plants of the Company are located in 19 provinces, municipalities and autonomous regions in China. The Company also has a wholly-owned power company in Singapore.

For enquiries, please contact:

Huaneng Power International, Inc.
Ms. MENG Jing / Ms. ZHAO Lin
Tel: (8610) 6608 6765 / 6322 6596
Fax: (8610) 6641 2321
Email: zqb@hpi.com.cn

Wonderful Sky Financial Group Limited
Ms. Linda Wong / Ms. Yolanda Wang / Ms. Sharon Xie / Ms. Sharon Lau
Tel: (852) 2851 1038
Fax: (852) 2865 1638
Email: lindawong@wsfg.hk / yolandawang@wsfg.hk / sharonxie@wsfg.hk / sharonlau@wsfg.hk

Source: Huaneng Power International, Inc.
collection