omniture

Huaneng Power International, Inc. Power Generation within China Increases by 11.04% for the First Three Quarters

Huaneng Power International, Inc.
2018-10-18 23:22 1385

BEIJING, Oct. 18, 2018 /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 2018.

According to the preliminary statistics of Huaneng Power International, Inc., (the "Company"), in the third quarter of 2018, the Company's total power generation by power plants within China on consolidated basis amounted to 116.489 billion kwh, representing an increase of 8.27% over the same period last year. Total electricity sold by the Company amounted to 109.520 billion kwh, representing an increase of 8.34% over the same period last year. For the first three quarters of 2018, the Company's total power generation by the power plants within China on consolidated basis amounted to 326.755 billion kWh, representing an increase of 11.04% over the same period last year. Total electricity sold by the Company amounted to 307.819 billion kWh, representing an increase of 11.04% over the same period last year. In the first three quarters of 2018, the Company's average ongrid electricity sales price for its power plants within China amounted to RMB417.12 per MWh, representing an increase of 1.99% over the same period last year.

The increase in the Company's power generation was mainly attributable to the following factors: (1) The national electricity consumption has maintained a relatively high growth rate, especially in the tertiary industry and residential electricity consumption, which had maintained double-digit growth; and (2) Benefiting from the recovery of thermal power utilization hours, the Company's power generation in the provinces of Fujian, Guangdong and Central China increased by a large margin year-on-year; and (3) New wind power, photovoltaic and gas units contributed to the growth of power generation.

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
2018

Change

January to
September
2018

Change

July to
September
2018

Change

January to
September
2018

Change

Heilongjiang Province

2.791

-18.39%

9.721

-1.17%

2.596

-18.61%

9.099

-1.14%

Coal-fired

2.572

-19.81%

8.958

-2.50%

2.379

-20.36%

8.348

-2.65%

Wind-power

0.189

-11.47%

0.716

10.37%

0.186

-7.90%

0.704

12.05%

PV

0.031

0.047

0.031

0.046

Jilin Province

2.602

15.15%

7.691

23.20%

2.463

15.35%

7.285

23.75%

Coal-fired

2.322

16.56%

6.725

24.35%

2.194

16.69%

6.355

24.81%

Wind-power

0.191

2.00%

0.710

15.84%

0.185

2.53%

0.691

16.94%

Hydro-power

0.031

78.47%

0.074

18.67%

0.030

77.46%

0.073

18.16%

PV

0.013

105.00%

0.026

276.39%

0.013

104.12%

0.025

275.49%

Biomass power

0.044

-21.10%

0.156

2.68%

0.040

-20.91%

0.141

3.52%

Liaoning Province

5.907

-2.81%

15.228

3.95%

5.526

-2.46%

14.180

3.51%

Coal-fired

5.801

-2.79%

14.806

3.26%

5.421

-2.80%

13.762

2.76%

Wind-power

0.058

-13.52%

0.267

13.25%

0.057

-13.65%

0.266

13.33%

Hydro-power

0.012

-17.54%

0.035

22.37%

0.012

-17.53%

0.034

22.08%

PV

0.036

26.69%

0.119

159.71%

0.036

375.45%

0.118

162.05%

Inner Mongolia

0.047

12.43%

0.175

13.72%

0.046

12.43%

0.173

13.66%

Wind-power

0.047

12.43%

0.175

13.72%

0.046

12.43%

0.173

13.66%

Hebei Province

3.536

-8.25%

9.975

-6.09%

3.308

-8.48%

9.359

-6.21%

Coal-fired

3.485

-8.38%

9.748

-6.65%

3.259

-8.61%

9.141

-6.95%

Wind-power

0.037

-9.98%

0.181

23.01%

0.035

-10.24%

0.175

39.00%

PV

0.015

46.90%

0.045

46.50%

0.014

50.40%

0.043

49.87%

Gansu Province

2.286

9.64%

8.789

22.16%

2.166

9.66%

8.344

22.37%

Coal-fired

1.738

8.44%

7.261

21.03%

1.626

8.02%

6.857

21.09%

Wind-power

0.548

13.62%

1.528

27.83%

0.539

14.93%

1.487

28.68%

Ningxia

0.007

4.55%

0.018

149.36%

0.007

10.51%

0.018

156.11%

PV

0.007

4.55%

0.018

149.36%

0.007

10.51%

0.018

156.11%

Beijing

2.275

122.85%

6.234

42.70%

2.170

121.51%

5.945

43.98%

Coal-fired

0.312

158.67%

0.748

-38.05%

0.279

172.80%

0.660

-36.95%

Combined Cycle

1.964

118.06%

5.486

73.53%

1.891

115.53%

5.285

71.47%

Tianjin

2.048

-7.86%

5.643

3.22%

1.921

-8.31%

5.290

2.82%

Coal-fired

1.695

0.29%

4.573

4.39%

1.579

0.04%

4.251

4.03%

Combined Cycle

0.351

-33.82%

1.067

-1.67%

0.342

-33.84%

1.036

-2.03%


 

 

 

 Region

Power Generation

Electricity Sold

July to
September
2018

Change

January to
September
2018

Change

July to
September
2018

Change

January to
September
2018

Change

PV

0.001

-2.33%

0.002

197.12%

0.001

-3.82%

0.002

198.39%

Shanxi Province

2.732

36.02%

7.526

1.46%

2.535

37.09%

7.018

1.05%

Coal-fired

2.712

40.78%

6.308

17.45%

2.515

41.20%

5.833

17.46%

Combined Cycle

0.00

-100.00%

1.161

-42.75%

0.00

-100.00%

1.128

-42.85%

PV

0.020

9.67%

0.057

203.30%

0.020

234.30%

0.057

850.90%

Shandong Province

27.744

9.37%

72.710

8.17%

25.880

9.17%

67.905

7.91%

Coal-fired

27.482

8.92%

71.752

7.46%

25.630

8.71%

66.996

7.21%

Wind-power

0.154

136.92%

0.657

104.04%

0.145

135.59%

0.612

96.35%

PV

0.109

56.83%

0.301

142.35%

0.105

53.44%

0.296

140.33%

Henan Province

8.099

49.74%

20.792

27.71%

7.628

50.48%

19.591

27.83%

Coal-fired

7.221

42.81%

19.358

29.75%

6.769

43.29%

18.187

29.98%

Combined Cycle

0.855

160.63%

1.351

4.07%

0.836

160.53%

1.321

4.05%

Wind-power

0.017

-6.69%

0.063

12.33%

0.017

-6.77%

0.063

12.39%

PV

0.007

5.34%

0.020

157.57%

0.006

5.25%

0.020

157.41%

Jiangsu Province

11.864

1.76%

32.390

-1.98%

11.229

2.55%

30.704

-1.73%

Coal-fired

9.533

-0.69%

26.211

-8.16%

9.124

1.02%

24.829

-7.87%

Combined Cycle

1.817

0.56%

4.774

25.00%

1.607

-4.48%

4.509

23.30%

Wind-power

0.480

104.11%

1.336

104.16%

0.464

112.89%

1.299

114.28%

PV

0.034

85.11%

0.069

125.97%

0.035

88.69%

0.068

124.55%

Shanghai

4.839

-9.00%

14.840

5.37%

4.564

-9.00%

14.036

5.32%

Coal-fired

4.073

-15.12%

13.277

5.07%

3.816

-15.38%

12.508

4.99%

Combined Cycle

0.766

47.67%

1.563

8.00%

0.748

47.90%

1.528

8.07%

Chongqing

3.194

29.33%

7.711

15.43%

2.973

30.47%

7.146

15.43%

Coal-fired

2.457

15.87%

6.584

17.53%

2.258

16.47%

6.051

17.70%

Combined Cycle

0.727

108.10%

1.117

3.59%

0.709

108.85%

1.089

3.78%

Wind-power

0.010

0.010

0.005

0.005

Zhejiang Province

6.741

-4.93%

21.539

4.90%

6.444

-5.10%

20.675

4.92%

Coal-fired

6.599

-4.37%

21.038

4.64%

6.305

-4.54%

20.183

4.65%

Combined Cycle

0.122

-29.88%

0.452

15.82%

0.119

-29.46%

0.443

16.42%

PV

0.020

25.98%

0.049

27.79%

0.020

21.64%

0.049

28.42%

Hubei Province

4.902

8.61%

12.966

17.39%

4.569

8.28%

12.103

17.16%

Coal-fired

4.674

8.03%

12.389

17.34%

4.371

8.21%

11.593

17.59%

Wind-power

0.107

48.84%

0.299

37.28%

0.081

14.59%

0.240

12.35%


 

 

 

 Region

Power Generation

Electricity Sold

July to
September
2018

Change

January to
September
2018

Change

July to
September
2018

Change

January to
September
2018

Change

Hydro-power

0.114

1.33%

0.260

-2.31%

0.110

0.94%

0.252

-2.09%

PV

0.007

231.84%

0.018

776.46%

0.007

1,915.61%

0.018

5248.75%

Hunan Province

3.180

20.17%

8.706

32.83%

2.969

20.01%

8.160

33.15%

Coal-fired

2.990

21.78%

8.028

36.67%

2.782

21.72%

7.491

37.28%

Wind-power

0.093

-22.85%

0.419

2.20%

0.092

-22.99%

0.414

2.14%

Hydro-power

0.086

40.24%

0.233

-10.59%

0.085

40.44%

0.228

-10.63%

PV

0.011

18.57%

0.027

152.92%

0.011

18.06%

0.026

151.45%

Jiangxi Province

5.957

5.75%

16.000

9.43%

5.686

5.99%

15.295

9.60%

Coal-fired

5.874

5.68%

15.730

8.85%

5.608

5.69%

15.032

8.85%

Wind-power

0.083

11.09%

0.270

58.76%

0.078

33.06%

0.263

81.10%

Anhui Province

1.742

13.81%

4.548

3.93%

1.658

13.72%

4.335

3.64%

Coal-fired

1.644

12.45%

4.265

1.55%

1.561

12.30%

4.058

1.29%

Wind-power

0.071

104.97%

0.209

123.41%

0.070

105.12%

0.202

117.75%

Hydro-power

0.027

-20.76%

0.075

-10.38%

0.026

-20.81%

0.075

-10.40%

Fujian Province

3.819

17.22%

9.782

34.32%

3.595

17.13%

9.229

34.48%

Coal-fired

3.815

17.26%

9.772

34.27%

3.591

17.06%

9.219

34.36%

PV

0.004

-15.24%

0.010

111.57%

0.004

158.73%

0.010

576.43%

Guangdong Province

6.307

9.36%

20.389

35.92%

5.983

9.08%

19.480

36.03%

Coal-fired

6.300

9.39%

20.372

35.96%

5.976

9.11%

19.463

36.07%

PV

0.006

-13.29%

0.017

-0.36%

0.006

-13.29%

0.017

-0.30%

Yunnan Province

0.881

1.64%

3.454

25.71%

0.837

5.29%

3.213

26.60%

Coal-fired

0.812

0.51%

3.076

26.14%

0.771

4.43%

2.847

27.14%

Wind-power

0.069

17.25%

0.377

22.32%

0.066

16.52%

0.367

22.59%

Guizhou Province

0.033

259.26%

0.143

233.32%

0.026

194.39%

0.135

220.83%

Wind-power

0.033

259.26%

0.143

233.32%

0.026

194.39%

0.135

220.83%

Hainan Province

2.861

-6.48%

9.522

8.20%

2.649

-6.45%

8.850

8.38%

  Coal-fired

2.696

-9.69%

9.203

7.31%

2.485

-9.91%

8.535

7.43%

  Combined Cycle

0.00

-97.11%

0.023

72.32%

0.00

-96.73%

0.023

72.45%

  Wind-power

0.013

-8.01%

0.060

-10.98%

0.013

-7.99%

0.058

-10.91%

  Hydro-power

0.134

209.56%

0.196

58.70%

0.133

211.19%

0.194

59.17%

  PV

0.018

64.40%

0.041

92.94%

0.018

64.69%

0.040

93.55%

 Total

116.489

8.27%

326.755

11.04%

109.520

8.34%

307.819

11.04%


For the third quarter of 2018, the power generation of Tuas Power Limited in Singapore, which is wholly-owned by the Company, accounted for a market share of 20.6% in Singapore, representing a decrease of 1.8 percentage points compared to the same period last year (22.4%). In the first three quarters of 2018, the accumulated power generation accounted for a market share of 20.8%, representing a decrease of 1 percentage point compared to the same period last year.

The Company's wholly-owned Heilongjiang Shuangyu Photovoltaic Project with a total capacity of 13.4 MW, the 34 MW Chongqing Fengjie Jinfengshan Wind Farm, the 37.4 MW Jiangxi Gaolongshan Wind Farm, the Hubei Zhongxiang Hujiawan Wind Power Project with a total capacity of 126MW and the 13.8 MW Jiangsu Yizheng Wind Farm, and the Hainan Chengmai Photovoltaic Project with a total capacity of 32MW (in which the Company has a 91.8% interest) were put into operation in the third quarter respectively.

In addition, in August 2018, Huaneng Shandong Power Generation Co., Ltd. (a subsidiary 80% owned by the Company) acquired from Huaneng Taishan Power Co., Ltd. a 15% interest in Shandong Laiwu Power Generation (total installed capacity of 2000 MW), a 75% interest in Shandong Liaocheng Cogeneration (total installed capacity of 280 MW), an 80% interest in Shandong Laiwu Cogeneration (total installed capacity of 660 MW) and an 80% interest in Shandong Laizhou Wind Power (total installed capacity of 98.3 MW), thus resulting in changes in the Company's controlled and equity-based installed capacity.

Meanwhile, the installed capacity of certain power plants invested by the Company changed in the third quarter of 2018.

Based on the above, as of 30 September 2018, the Company had a controlled installed capacity of 105,720 MW and an equity-based installed capacity of 93,386 MW.

About Huaneng Power International, Inc.

Huaneng Power International, Inc. is one of China's largest listed power producers with controlled generation capacity of 105,720MW and equity-based generation capacity of 93,386MW. 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.

For enquiries, please contact:

Huaneng Power International, Inc. 
Ms. MENG Jing / Ms. ZHAO Lin
Tel:   (8610) 6608 6765 / 6322 6596
Fax: (8610) 6322 6888
Email: zqb@hpi.com.cn

Wonderful Sky Financial Group Limited

Ms. Crystal Hua / Ms. Christina Chong 
Tel:  (852) 3970 2155 / (852) 3641 1333
Fax: (852) 3102 0210
Email: crystalhuay@wsfg.hk / christinachongkm@wsfg.hk

Cision View original content:http://www.prnewswire.com/news-releases/huaneng-power-international-inc-power-generation-within-china-increases-by-11-04-for-the-first-three-quarters-300733708.html

Source: Huaneng Power International, Inc.
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