omniture

Huaneng Power International, Inc. Power Generation within China Increases by 11.51% in the First Half of 2018

BEIJING, July 17, 2018 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI" or the "Company") (NYSE: HNP; HKEX: 902; SSE: 600011) today announced its power generation for the first half year of 2018.

According to the preliminary statistics of the Company, for the second quarter of 2018, the Company's total power generation by power plants within China on consolidated basis amounted to 103.856 billion kWh, representing an increase of 14.52% over the same period last year. Total electricity sold by the Company amounted to 98.075 billion kWh, representing an increase of 14.54% over the same period last year. In the first half of 2018, the Company's total power generation by the power plants within China on consolidated basis amounted to 208.167 billion kWh, representing an increase of 11.51% over the same period last year. Total electricity sold by the Company amounted to 196.387 billion kWh, representing an increase of 11.51% over the same period last year. In the first half of 2018, the Company's average on-grid electricity settlement price for its power plants within China amounted to RMB418.57 per MWh, representing an increase of 2.72% over the same period last year.

The increase in the Company's power generation was mainly attributable to the following reasons: (1) The growth in the macro-economy was better than expected; and (2) The growth rate of electricity consumption for residents' electricity, tertiary industries and non-high-energy-consuming manufacturing industries increased significantly; and (3) In the first half of the year, the growth rate of hydropower generation in the country was relatively low, far lower than the growth rate of the electricity consumption of the whole society and national power generation. The Company has a relatively higher proportion of thermal power units and seized the opportunity to increase power generation.

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

Region

Power Generation

Electricity sold

April to June 2018

Change

January to June 2018

Change

April to June 2018

Change

January to June 2018

Change

Heilongjiang  Province

3.630

14.06%

6.930

8.01%

3.417

14.55%

6.503

8.12%

Coal-fired

3.343

16.61%

6.387

6.79%

3.130

17.06%

5.969

6.81%

Wind-power

0.275

-13.07%

0.528

21.05%

0.274

-11.22%

0.518

21.52%

PV

0.0127

0.0160

0.0080

0.0112

Jilin Province

2.778

40.13%

5.089

27.77%

2.643

40.81%

4.822

28.52%

Coal-fired

2.389

47.49%

4.403

28.89%

2.268

48.37%

4.161

29.57%

Wind-power

0.285

0.68%

0.519

21.92%

0.278

1.48%

0.506

23.28%

Hydro-power

0.039

3.06%

0.043

-4.59%

0.039

2.71%

0.042

-4.83%

PV

0.0064

2,259.26%

0.0122

4,391.16%

0.0063

2,284.19%

0.0121

4,465.92%

Biomass power

0.058

41.91%

0.112

16.68%

0.052

42.85%

0.101

17.97%

Liaoning Province

4.728

40.66%

9.320

8.74%

4.429

41.30%

8.654

8.00%

Coal-fired

4.550

40.54%

9.005

7.57%

4.253

41.19%

8.341

6.74%

Wind-power

0.119

16.83%

0.210

23.84%

0.118

16.91%

0.209

23.99%

Hydro-power

0.015

19.93%

0.023

64.36%

0.015

19.86%

0.022

63.74%

PV

0.0439

367.82%

0.0826

382.25%

0.0434

379.26%

0.0817

394.30%

Inner Mongolia

0.065

2.11%

0.128

14.20%

0.064

2.39%

0.126

14.12%

Wind-power

0.065

2.11%

0.128

14.20%

0.064

2.39%

0.126

14.12%

Hebei Province

3.611

-7.42%

6.439

-4.85%

3.388

-7.76%

6.050

-4.92%

Coal-fired

3.534

-7.69%

6.264

-5.66%

3.314

-8.06%

5.881

-6.01%

Wind-power

0.061

0.35%

0.144

35.66%

0.059

1.04%

0.140

61.16%

PV

0.0157

44.09%

0.0305

46.31%

0.0151

46.81%

0.0293

49.62%

Gansu Province

2.654

37.69%

6.503

27.26%

2.518

38.56%

6.178

27.56%

Coal-fired

2.163

42.28%

5.523

25.61%

2.044

43.15%

5.231

25.82%

Wind-power

0.491

20.57%

0.980

37.44%

0.475

21.72%

0.947

38.09%

Ningxia

0.0069

1,495.35%

0.0108

2,419.15%

0.0066

1,512.89%

0.0104

2,439.24%

PV

0.0069

1,495.35%

0.0108

2,419.15%

0.0066

1,512.89%

0.0104

2,439.24%

Beijing

1.755

83.22%

3.958

18.26%

1.702

82.07%

3.775

19.86%

Coal-fired

0.00

0.436

-59.88%

0.00

0.381

-59.63%

Combined Cycle

1.755

83.22%

3.522

55.79%

1.702

82.07%

3.393

53.93%

Tianjin

1.568

6.16%

3.595

10.81%

1.474

5.40%

3.368

10.44%

Coal-fired

1.311

23.69%

2.878

6.97%

1.224

23.41%

2.672

6.51%

Combined Cycle

0.256

-38.59%

0.716

29.14%

0.249

-38.71%

0.694

28.34%

PV

0.0009

800%

0.0016

11,187.59%

0.0009

0.0016

Shanxi Province

2.247

-20.96%

4.793

-11.37%

2.081

-22.00%

4.483

-12.03%

Coal-fired

2.227

5.30%

3.596

4.41%

2.061

5.20%

3.318

4.19%

Combined Cycle

0.001

-99.90%

1.161

-40.89%

0.001

-99.91%

1.128

-41.00%

PV

0.0189

5,300%

0.0368

10,315.31%

0.0191

0.0370

Shandong Province

21.724

2.42%

42.866

2.42%

20.380

2.27%

40.113

2.28%

Coal-fired

21.399

1.70%

42.258

1.73%

20.062

1.52%

39.539

1.60%

Wind-power

0.207

55.24%

0.416

61.62%

0.201

52.20%

0.383

53.15%

PV

0.1184

222.78%

0.1923

251.39%

0.1174

249.04%

0.1909

277.56%

Henan Province

6.763

38.31%

12.693

16.74%

6.380

38.21%

11.963

16.63%

Coal-fired

6.321

44.46%

12.138

23.06%

5.947

44.60%

11.418

23.19%

Combined Cycle

0.413

-16.28%

0.495

-48.91%

0.405

-16.18%

0.485

-48.85%

Wind-power

0.021

12.28%

0.046

21.35%

0.021

12.28%

0.046

21.49%

PV

0.0072

402.1%

0.0132

823.41%

0.0071

400.54%

0.0130

820.58%

Jiangsu Province

9.823

-14.58%

20.526

-4.02%

9.317

-14.69%

19.474

-4.03%

Coal-fired

7.703

-24.43%

16.678

-11.95%

7.241

-24.89%

15.705

-12.35%

Combined Cycle

1.712

55.94%

2.957

46.93%

1.679

55.97%

2.902

46.97%

Wind-power

0.388

96.83%

0.855

104.19%

0.378

96.62%

0.834

115.06%

PV

0.0207

72.5%

0.0347

189.32%

0.0191

62.67%

0.0329

180.86%

Shanghai

4.488

24.53%

10.001

14.09%

4.246

24.50%

9.472

13.95%

Coal-fired

4.024

26.42%

9.204

17.44%

3.791

26.42%

8.693

17.39%

Combined Cycle

0.465

10.29%

0.797

-14.16%

0.455

10.52%

0.780

-14.12%

Chongqing

1.683

8.27%

4.517

7.28%

1.540

7.57%

4.173

6.67%

Coal-fired

1.547

14.34%

4.127

18.54%

1.408

13.88%

3.793

18.45%

Combined Cycle

0.136

-32.55%

0.390

-46.53%

0.132

-32.41%

0.380

-46.51%

Zhejiang Province

8.257

14.93%

14.798

10.08%

7.945

15.08%

14.231

10.19%

Coal-fired

8.020

14.02%

14.439

9.35%

7.712

14.14%

13.878

9.43%

Combined Cycle

0.219

58.90%

0.330

52.51%

0.215

59.47%

0.324

53.10%

PV

0.0187

40.49%

0.0293

29.05%

0.0186

47.32%

0.0292

33.50%

Hubei Province

3.545

42.29%

8.064

23.46%

3.305

42.47%

7.534

23.29%

Coal-fired

3.329

44.91%

7.715

23.80%

3.111

46.07%

7.221

24.10%

Wind-power

0.103

29.89%

0.192

31.57%

0.083

6.25%

0.159

11.24%

Hydro-power

0.107

-7.24%

0.146

-4.96%

0.104

-6.83%

0.142

-4.31%

PV

0.0066

65,900%

0.0111

110,400%

0.0065

0.0110

Hunan Province

2.328

71.45%

5.526

41.41%

2.185

72.92%

5.191

42.05%

Coal-fired

2.061

86.75%

5.038

47.37%

1.922

89.75%

4.709

48.49%

Wind-power

0.160

17.62%

0.326

12.64%

0.159

17.49%

0.322

12.60%

Hydro-power

0.096

-17.26%

0.146

-26.38%

0.094

-17.32%

0.143

-26.44%

PV

0.0102

608.33%

0.0161

1,014.96%

0.0100

594.30%

0.0157

994.51%

Jiangxi Province

4.830

8.36%

10.043

11.74%

4.615

8.55%

9.609

11.86%

Coal-fired

4.737

7.31%

9.856

10.83%

4.524

7.29%

9.424

10.83%

Wind-power

0.093

115.45%

0.187

95.93%

0.091

163.61%

0.185

113.86%

Anhui Province

1.358

1.12%

2.806

-1.39%

1.296

1.13%

2.677

-1.76%

Coal-fired

1.249

-2.80%

2.620

-4.27%

1.188

-2.96%

2.497

-4.56%

Wind-power

0.073

188.72%

0.138

134.22%

0.073

189.11%

0.131

125.15%

Hydro-power

0.035

9.77%

0.048

-3.43%

0.035

9.90%

0.048

-3.42%

Fujian Province

3.049

39.70%

5.963

48.16%

2.880

40.11%

5.634

48.52%

Coal-fired

3.045

39.55%

5.957

48.01%

2.876

39.93%

5.628

48.36%

PV

0.0037

1,581.82%

0.0062

2,790.47%

0.0037

0.0062

Guangdong Province

7.683

46.87%

14.083

52.50%

7.361

47.36%

13.498

52.75%

Coal-fired

7.677

46.91%

14.072

52.55%

7.355

47.39%

13.487

52.80%

PV

0.0058

11.42%

0.0109

8.87%

0.058

11.50%

0.0109

8.97%

Guangxi

0.132

0.169

0.127

0.162

Combined Cycle

0.132

0.169

0.127

0.162

Yunnan Province

1.601

77.77%

2.573

36.80%

1.478

7.748%

2.376

36.32%

Coal-fired

1.461

82.53%

2.264

38.84%

1.343

82.41%

2.075

38.31%

Wind-power

0.139

39.55%

0.309

23.50%

0.135

39.94%

0.301

24.01%

Guizhou Province

0.052

268.42%

0.111

226.39%

0.051

270.26%

0.109

227.83%

Wind-power

0.052

268.42%

0.111

226.39%

0.051

270.26%

0.109

227.83%

Hainan Province

3.496

13.74%

6.661

16.02%

3.246

13.84%

6.202

16.24%

Coal-fired

3.423

14.73%

6.507

16.39%

3.175

14.90%

6.050

16.64%

Combined Cycle

0.008

317.96%

0.023

195.57%

0.007

316.26%

0.022

195.43%

Wind-power

0.017

-15.62%

0.046

-11.79%

0.016

-15.68%

0.045

-11.69%

Hydro-power

0.037

-41.55%

0.062

-22.42%

0.036

-41.69%

0.062

-22.48%

PV

0.0118

116.07%

0.0226

124.20%

0.0117

117.19%

0.0224

125.27%

Total

103.856

14.52%

208.167

11.51%

98.075

14.54%

196.387

11.51%

For the second 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 21.1% in Singapore, representing a decrease of 0.7 percentage point compared to the same period of last year (21.8%). In the first half of 2018, the accumulated power generation accounted for a market share of 20.8%, representing a decrease of 0.7 percentage point compared to the same period last year.

In addition, the projects of the Company's wholly-owned Huaneng Heilongjiang Shuangyu Photovoltaic with a total capacity of 46.6 MW, 30 MW PV units of the Huaneng Jiangsu Huaiyin Photovoltaic Power Plant and 10 MW PV units of the Huaneng Jiangsu Taicang Photovoltaic Ash Field Phase II (75% owned by the Company), 8 MW PV units of Huaneng Hainan Chengmai Photovoltaic (91.8% owned by the Company), 20 MW PV units of the Jilin ZhenLai Wind Farm (50% owned by the Company), and 10 MW PV units of the Shanxi Yushe Photovoltaic (90% owned by the Company) were put into operation in the second quarter of 2018. As of June 30, 2018, the Company had a controlled installed capacity of 104,425 MW, and an equity-based installed capacity of 91,894 MW.

About Huaneng Power International, Inc.

Huaneng Power International, Inc. is one of China's largest listed power producers with controlled generation capacity of 104,425 MW and equity-based generation capacity of 91,894MW. 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: po@wsfg.hk / crystalhuay@wsfg.hk

Cision View original content:http://www.prnewswire.com/news-releases/huaneng-power-international-inc-power-generation-within-china-increases-by-11-51-in-the-first-half-of-2018--300682194.html

Source: Huaneng Power International, Inc.
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