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Huaneng Power International, Inc. Power Generation Within China for the First Quarter of 2019 Decreases by 0.45% Year on Year

2019-04-16 20:26

BEIJING, April 16, 2019 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its power generation for the first quarter of 2019. 

According to the preliminary statistics of Huaneng Power International, Inc. (the "Company"), in the first quarter of 2019, the Company's total power generation by power plants within China on consolidated basis amounted to 103.839 billion kWh, representing a decrease of 0.45% over the same period last year. Total electricity sold by the Company amounted to 98.255 billion kWh, representing a decrease of 0.06% over the same period last year. For the first quarter of 2019, the Company's average on-grid electricity settlement price for its power plants within China amounted to RMB 421.87 per MWh, representing a decrease of 0.40% over the same period last year.

The decrease in the Company's power generation was mainly attributable to:

1. The slowing down in the growth rate of electricity consumption nation-wide;

2. The Company has relatively a larger proportion of thermal power. In the first quarter, the country's hydropower, wind power and nuclear power increased rapidly, and it occupied the space for thermal power generation;

3. The impact of the coal restrictions policy in East China has affected the thermal power generation.

The power generations (in billion kWh) by regions of the Company are listed below:

Region

Power Generation

Electricity Sold

January to March 2019

Change

January to March 2019

Change

Heilongjiang Province

2.984

-9.57%

2.782

-9.82%

Coal-fired

2.628

-13.67%

2.435

-14.23%

Wind-power

0.322

27.32%

0.314

28.70%

PV

0.034

933.68%

0.034

972.61%

Jilin Province

2.162

-6.45%

2.030

-6.84%

Coal-fired

1.804

-10.45%

1.684

-11.03%

Wind-power

0.279

19.21%

0.272

19.42%

Hydro-power

0.007

135.23%

0.007

106.95%

PV

0.015

164.29%

0.015

163.84%

Biomass power

0.057

5.61%

0.052

5.31%

Liaoning Province

4.436

-3.41%

4.102

-2.91%

Coal-fired

4.291

-3.68%

3.959

-3.18%

Wind-power

0.093

2.08%

0.092

2.13%

Hydro-power

0.013

63.21%

0.013

74.63%

PV

0.039

0.18%

0.038

-0.83%

Inner Mongolia

0.048

-24.41%

0.047

-24.34%

Wind-power

0.048

-24.41%

0.047

-24.34%

Hebei Province

3.370

19.18%

3.162

18.80%

Coal-fired

3.309

21.22%

3.103

20.85%

Wind-power

0.050

-40.15%

0.048

-39.91%

PV

0.012

-22.27%

0.011

-21.10%

Gansu Province

3.865

0.43%

3.673

0.35%

Coal-fired

3.394

1.02%

3.213

0.82%

Wind-power

0.470

-3.66%

0.460

-2.83%

Ningxia

0.005

19.43%

0.005

18.55%

PV

0.005

19.43%

0.005

18.55%

Beijing

2.203

0.00%

2.047

-1.24%

Coal-fired

0.656

50.48%

0.581

52.32%

Combined Cycle

1.547

-12.45%

1.466

-13.32%

Tianjin

1.829

-9.75%

1.712

-9.61%

Coal-fired

1.374

-12.32%

1.273

-12.13%

Combined Cycle

0.455

-1.15%

0.438

-1.44%

PV

0.001

9.31%

0.001

4.16%

Shanxi Province

3.053

19.86%

2.869

19.46%

Coal-fired

1.845

34.77%

1.694

34.73%

Combined Cycle

1.190

2.54%

1.158

2.71%

PV

0.018

1.87%

0.018

1.82%

Shandong Province

21.818

3.20%

20.548

4.13%

Coal-fired

21.519

3.16%

20.260

4.02%

Wind-power

0.208

-0.51%

0.199

9.32%

PV

0.091

23.03%

0.089

21.11%

Henan Province

6.034

1.75%

5.675

1.64%

Coal-fired

5.897

1.39%

5.539

1.23%

Combined Cycle

0.038

-53.96%

0.037

-53.92%

Wind-power

0.094

277.28%

0.094

270.82%

PV

0.005

-11.62%

0.005

-11.99%

Jiangsu Province

10.586

-1.10%

10.040

-1.16%

Coal-fired

9.390

4.62%

8.869

4.78%

Combined Cycle

0.812

-34.75%

0.798

-34.79%

Wind-power

0.361

-22.94%

0.352

-22.90%

PV

0.022

58.97%

0.022

57.32%

Shanghai

5.478

-0.64%

5.197

-0.56%

Coal-fired

4.765

-8.02%

4.500

-8.18%

Combined Cycle

0.713

114.63%

0.696

114.47%

Chongqing

2.870

1.26%

2.680

1.78%

Coal-fired

2.550

-1.15%

2.368

-0.72%

Combined Cycle

0.278

9.31%

0.271

9.37%

Wind-power

0.042

-

0.041

-

Zhejiang Province

6.203

-5.17%

5.958

-5.22%

Coal-fired

6.114

-4.75%

5.871

-4.79%

Combined Cycle

0.079

-29.10%

0.077

-29.48%

PV

0.010

-4.72%

0.010

-5.95%

Hubei Province

5.651

25.09%

5.330

26.02%

Coal-fired

5.494

25.26%

5.176

25.92%

Wind-power

0.123

39.72%

0.121

58.38%

Hydro-power

0.031

-20.75%

0.030

-22.44%

PV

0.004

-15.97%

0.004

-15.26%

Hunan Province

2.949

-7.80%

2.770

-7.85%

Coal-fired

2.642

-11.24%

2.468

-11.48%

Wind-power

0.192

16.35%

0.190

16.03%

Hydro-power

0.111

121.56%

0.109

122.46%

PV

0.004

-40.51%

0.003

-40.28%

Jiangxi Province

5.195

-0.34%

4.980

-0.27%

Coal-fired

5.037

-1.58%

4.825

-1.54%

Wind-power

0.158

66.73%

0.156

66.34%

Anhui Province

1.622

11.95%

1.555

12.61%

Coal-fired

1.537

12.09%

1.470

12.29%

Wind-power

0.073

12.90%

0.073

23.72%

Hydro-power

0.012

-7.14%

0.012

-5.47%

Fujian Province

2.160

-25.89%

2.271

-17.55%

Coal-fired

2.157

-25.91%

2.269

-17.54%

PV

0.002

-18.22%

0.002

-22.95%

Guangdong Province

5.013

-21.67%

4.809

-21.64%

Coal-fired

5.009

-21.68%

4.804

-21.64%

PV

0.004

-15.84%

0.004

-16.58%

Guangxi Province

0.065

75.89%

0.060

68.99%

Combined Cycle

0.048

28.50%

0.046

29.20%

Wind-power

0.018

0.00%

0.014

0.00%

Yunnan Province

1.047

7.75%

0.976

8.62%

Coal-fired

0.790

-1.64%

0.725

-1.00%

Wind-power

0.258

51.49%

0.250

51.21%

Guizhou Province

0.096

62.72%

0.094

63.36%

Wind-power

0.096

62.72%

0.094

63.36%

Hainan Province

3.099

-2.09%

2.884

-2.43%

  Coal-fired

3.038

-1.45%

2.825

-1.76%

  Combined Cycle

0.002

-84.86%

0.002

-85.22%

  Wind-power

0.028

-7.44%

0.027

-6.86%

  Hydro-power

0.009

-66.83%

0.008

-66.83%

  PV

0.022

101.14%

0.021

99.07%

Total

103.839

-0.45%

98.255

-0.06%

For the first quarter of 2019, the power generation of Tuas Power Limited in Singapore, which is wholly-owned by the Company, accounted for a market share of 21% in Singapore, representing an increase of 0.5 percentage point compared to the same period of last year.

For the first quarter of 2019, Huaneng Zhejiang Jiapu Photovoltaic with a capacity of 1.03 MW, Huaneng Zhejiang Xitang Photovoltaic with a capacity of 1.77 MW and Huaneng Guangxi Guigang Qixingling Wind Power with a capacity of 24.5 MW (all of them are wholly-owned by the Company) were put into operation; part of the generation units at Huaneng Shandong Laizhou Wind Power of the Company with a total capacity of 45 MW were shut down.

At the same time, the installed capacity of some of the power plants in which the Company has equity interests changed in the first quarter of 2019. 

Based on the above, as of 31 March 2019, the Company had a controlled generation capacity of 105,973MW and an equity-based generation capacity of 93,225 MW.

About Huaneng Power International, Inc.

Huaneng Power International, Inc. is one of China's largest listed power producers with controlled generation capacity of 105,973MW and equity-based generation capacity of 93,225MW. The power plants of the Company are located in 26 provinces, autonomous regions and municipalities in China. The Company also has a wholly-owned power company in Singapore.

Cision View original content:http://www.prnewswire.com/news-releases/huaneng-power-international-inc-power-generation-within-china-for-the-first-quarter-of-2019-decreases-by-0-45-year-on-year-300832860.html

Source: Huaneng Power International, Inc.
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