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
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SOURCE Huaneng Power International, Inc.
