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HUANENG POWER INTERNATIONAL, INC. Power Generation Within China Decreases by 4.66% for the First Three Quarter of 2014

2014-10-15 10:12 ET - News Release

BEIJING, Oct. 15, 2014 /PRNewswire/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announces its power generation in the first three quarter of 2014.

According to the Company's preliminary statistics, as of 30 September 2014, the Company's total power generation by the power plants within China on consolidated basis amounted to 223.042 billion kWh, representing a decrease of 4.66% over the same period last year. Total electricity sold by the Company amounted to 210.805 billion kWh, representing a decrease of 4.60% over the same period last year.

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

  1. The nation-wide electricity consumption in China is experiencing low or medium growth;
  2. The commencement of operations of multiple West-to-East UHV transmission lines has severely squeezed the generation potential of thermal power generators in the coastal region in the east of China, in which thermal power generators account for a relatively high proportion in the Company's total power generation capacities, thus having the material power impact on the Company's power generations;
  3. The commencement of operations of many hydropower generating units in Yunnan, in which power generations are also transmittable to Guangdong load center, as well as the commencement of operations of large nuclear power generators in Liaoning and Fujian, has had negative effect upon the power generations by thermal power units in Yunnan, Guangdong, Liaoning and Fujian;
  4. During the peak summer period, the temperature in most of the areas within China fell compared to the same period last year, and hence the demand of electricity was low. 

The power generation and electricity sold by each of the Company's domestic power plants for the first three quarters of 2014 are listed below (in billion kWh):

Domestic Power Plant

Power generation for the
first three quarters of 2014

Power generation for the
 first three quarters of 2013

 Change 

Electricity Sold for the
first three quarters of 2014

Electricity Sold for the first three quarters of 2013

 Change 

Liaoning Province

Dalian

47.31

44.84

5.51%

44.69

42.58

4.96%

Dandong

23.02

21.96

4.81%

21.85

20.89

4.60%

Yingkou

63.12

55.87

2.98%

59.13

52.42

12.80%

Yingkou
Co-generation

21.67

24.85

-12.82%

20.28

23.26

-12.81%

Wafangdian Wind

0.65

0.82

-21.13%

0.64

0.80

-20.00%

Suzihe Hydropower

0.21

0.22

-4.52%

0.20

0.22

-9.09%

Changtu Wind Power

0.60

0.68

-11.50%

0.59

0.67

-11.94%

Inner Mongolia

Huade Wind Power

1.56

1.64

-4.99%

1.55

1.63

-4.91%

Hebei Province

Shang'an

99.25

104.16

-4.71%

93.14

97.83

-4.79%

Kangbao Wind Power

0.60

0.55

8.72%

0.56

0.52

7.69%

Gansu Province

Pingliang

68.07

67.11

1.43%

64.84

63.73

1.74%

Jiuquan Wind Power

6.6

6.66

-0.95

6.40

6.58

-2.74%

Beijing

Beijing
Co-generation

34.95

35.83

-2.44%

30.93

31.69

-2.40%

(Coal-fired)

Beijing
Co-generation

30.75

28.60

7.53%

30.06

27.92

7.66%

(Combined Cycle)

Tianjing

Yangliuqing

49.93

51.47

-2.99%

46.48

48.05

-3.27%

Shanxi Province

Yushe

21.25

21.47

-1.01%

19.65

19.86

-1.06%

Zuoquan

46.33

49.82

-7.01%

43.58

46.78

-6.84%

Shandong Province

Dezhou

116.38

114.88

1.31%

109.09

107.75

1.24%

Jining

36.85

36.93

-0.21%

34.24

34.26

-0.06%

Xindian

25.18

24.01

4.86%

23.54

22.39

5.14%

Weihai

88.4

81.87

7.97%

84.25

77.99

8.03%

Rizhao Phase II

60.14

56.38

6.67%

57.11

53.41

6.93%

Zhanhua
Co-generation

13.38

12.48

7.20%

12.29

11.49

6.96%

Henan Province

Qinbei

157.94

159.54

-1.00%

150.22

150.49

-0.18%

Jiangsu Province

Nantong

51.16

62.31

-17.89%

48.62

59.32

-18.04%

Nanjing

24.23

27.38

-11.51%

22.92

25.92

-11.57%

Taicang

80.22

85.9

-6.61%

76.26

81.71

-6.67%

Huaiyin

47.87

54.43

-12.04%

45.00

51.09

-11.92%

Jinling (Combined Cycle)

16.4

20.17

-18.69%

16.02

19.72

-18.76%

Jinling
(Coal-fired)

93.15

96.97

-3.94%

88.92

92.43

-3.80%

Jinling Combined Cycle
Co-generation

10.31

7.12

44.80%

10.14

6.99

45.06%

Qidong Wind Power

2.81

2.67

5.39%

2.77

2.61

6.13%

Rudong Wind Power

0.85

-

-

0.82

-

-

Shanghai

Shidongkou First

45.33

60.69

-25.32%

42.43

57.12

-25.72%

Shidongkou Second

39.90

50.44

-20.89%

38.20

48.37

-21.03%

Shanghai Combined Cycle

17.28

15.72

9.90%

16.87

15.35

9.90%

Shidongkou Power

49.21

59.94

-17.90%

46.85

57.13

-17.99%

Chongqing

Luohuang

80.55

102.92

-22.22%

73.78

95.06

-22.39%

Zhejiang Province

Yuhuan

163.4

191.55

-14.70%

155.80

182.31

-14.54%

Hubei Province

Enshi Maweigou

0.39

0.38

2.84%

0.37

0.36

2.78%

Hydropower

Hunan Province

Province Yueyang

58.76

69.59

-15.57%

54.89

65.26

-15.89%

Xiangqi Hydropower

2.77

2.39

15.99%

2.72

2.35

15.74%

Jiangxi Province

Jinggangshan

65.77

70.22

-6.34%

62.80

67.02

-6.30%

Fujian Province

Fuzhou

104.36

98.41

6.05%

99.26

93.47

6.19%

Guangdong Province

Shantou
Coal-fired

41.07

41.00

0.18%

38.82

38.78

0.10%

Haimen

108.70

127.96

-15.05%

103.98

122.35

-15.01%

Haiman Power

32.32

-

-

31.28

-

-

Yunnan Province

Diandong Energy

50.55

55.95

-9.64%

46.55

51.66

-9.89%

Yuwang Energy

28.92

32.78

-11.77%

26.67

30.17

-11.60%

Total

223.042

233.953

-4.66%

210.805

220.976

-4.60%

The accumulated power generation of Tuas Power Limited in Singapore, which is wholly owned by the Company, accounted for a market share of 21.6% in Singapore in the first three quarters of 2014, representing an increase of 1 percentage point compared to the same period last year.

Additional Information about the Transaction

The Company will file with the Securities and Exchange Commission (the "SEC") a Current Report on Form 6-K regarding the transaction. All parties desiring details regarding the transaction are urged to review these documents, which are available at the SEC's website (http://www.sec.gov).

About Huaneng Power International, Inc.

Huaneng Power International, Inc. is one of China's largest listed power producers with controlled generation capacity of 66,888 MW and equity-based generation capacity of 60,184 MW. 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 Enquires, Please Contact

Huaneng Power International, Inc.

Ms. MENG Jing / Ms. ZHAO Lin
Tel: +86-10-6608-6765 / 6322-6596
Fax: +86-10-6641-2321
E-mail: zqb@hpi.com.cn  

Wonderful Sky Financial Group Limited

Ms. Erica Tao / Ms. Shiloh Xiang
Tel: +852-2851-1038
Fax: +852-2865-1638
Email: ericatao@wsfg.hk / shilohxiang@wsfg.hk

SOURCE Huaneng Power International, Inc.

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