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Huaneng Power International, Inc. Power Generation Within China Increases by 27.80% for the First Half Year

2017-07-17 07:56 ET - News Release

BEIJING, July 17, 2017 /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 2017.

According to the preliminary statistics of the Company, for the second quarter of 2017, the Company's total power generation by its power plants within China amounted to 90.697 billion kWh on consolidated basis, representing an increase of 31.03% over the same period last year, and the total electricity sold by the Company amounted to 85.624 billion kWh, representing an increase of 31.02% over the same period last year. For the first half year of 2017, the Company's total power generation by its power plants within China amounted to 186.685 billion kWh on consolidated basis, representing an increase of 27.80% over the same period last year, and the total electricity sold by the Company amounted to 176.121 billion kWh, representing an increase of 27.55% over the same period last year. For the first half year of 2017, the Company's average on-grid electricity settlement price for its power plants within China amounted to RMB 407.49 per MWh, representing an increase of 3.30% over the same period last year.

The increase in the Company's power generation for the first half year of 2017 was mainly attributable to the following reasons: (1) the Company's acquisition of power assets in Heilongjiang, Jilin and Shandong areas was conducive to the substantial increase in the level of power generation of the Company; and (2) the Company's thermal power generation in central China and east China rose year-on-year.

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 2017

Change

January to June 2017

Change

April to June 2017

Change

January to June 2017

Change

*Heilongjiang  Province

3.183

2.16%

6.416

6.15%

2.983

2.12%

6.015

6.33%

*Coal-fired

2.867

-1.32%

5.981

4.92%

2.674

-1.46%

5.588

5.08%

*Wind-power

0.316

50.33%

0.436

26.63%

0.309

49.03%

0.426

26.08%

*Jilin Province

1.982

17.89%

3.983

11.89%

1.877

17.26%

3.752

12.45%

*Coal-fired

1.620

15.05%

3.416

8.50%

1.528

15.27%

3.211

8.59%

*Wind-power

0.283

44.58%

0.426

51.70%

0.274

35.01%

0.410

57.65%

*Hydro-power

0.038

30.15%

0.045

47.01%

0.038

30.14%

0.044

47.04%

*PV

0.0003

0.0003

0.0003

0.0003

* Biomass power

0.041

-15.47%

0.096

-3.81%

0.036

-14.78%

0.086

-3.50%

Liaoning Province

3.361

-10.78%

8.571

-3.79%

3.135

-11.28%

8.013

-4.28%

Coal-fired

3.237

-11.14%

8.371

-4.10%

3.012

-11.68%

7.815

-4.61%

Wind-power

0.102

-3.52%

0.169

9.95%

0.101

-3.73%

0.168

9.79%

Hydro-power

0.013

-18.98%

0.014

-40.66%

0.013

-19.31%

0.014

-40.84%

PV

0.0094

226.58%

0.0171

496.13%

0.0091

250.64%

0.0165

539.50%

Inner Mogolia

0.063

-11.44%

0.112

-6.26%

0.063

-12.00%

0.111

-6.58%

Wind-power

0.063

-11.44%

0.112

-6.26%

0.063

-12.00%

0.111

-6.58%

Hebei Province

3.901

7.69%

6.767

2.40%

3.673

7.80%

6.364

2.12%

Coal-fired

3.828

6.83%

6.640

1.51%

3.604

6.90%

6.257

1.44%

Wind-power

0.061

60.63%

0.106

59.14%

0.059

62.97%

0.087

37.15%

PV

0.0109

3503.47%

0.0208

6786.72%

0.0103

0.0196

Gansu Province

1.928

-20.98%

5.110

0.31%

1.818

-21.62%

4.844

-0.46%

Coal-fired

1.520

-27.46%

4.397

-0.26%

1.428

-28.19%

4.157

-1.21%

Wind-power

0.408

18.51%

0.713

3.95%

0.390

17.91%

0.686

4.30%

Ningxia

0.0004

0.0004

0.0004

0.0004

PV

0.0004

0.0004

0.0004

0.0004

Beijing

0.958

-29.80%

3.347

-12.21%

0.935

-26.95%

3.149

-11.04%

Coal-fired

-100.00%

1.086

-36.18%

-100.00%

0.945

-36.08%

Combined Cycle

0.958

11.40%

2.261

7.13%

0.935

10.86%

2.204

6.91%

Tianjin

1.477

32.13%

3.245

-1.80%

1.398

32.54%

3.050

-2.00%

Coal-fired

1.060

27.44%

2.690

8.07%

0.991

27.73%

2.509

8.26%

Combined Cycle

0.417

45.76%

0.554

-31.96%

0.407

45.95%

0.541

-31.94%

PV

0.00001

0.00001

Shanxi Province

2.842

-8.17%

5.408

-10.14%

2.668

-7.92%

5.096

-10.02%

Coal-fired

2.115

-25.48%

3.444

-23.89%

1.960

-26.01%

3.185

-24.40%

Combined Cycle

0.727

182.71%

1.964

31.48%

0.709

184.08%

1.911

31.76%

PV

0.0004

0.0004

Shandong  Province

21.212

101.94%

41.852

114.58%

19.927

101.05%

39.218

113.55%

Coal-fired

21.042

100.32%

41.540

112.98%

19.761

99.38%

38.917

111.91%

*Wind-power

0.133

28.08%

0.257

14.13%

0.132

0.00%

0.250

12.77%

*PV

0.0367

182.82%

0.0547

175.17%

0.0336

0.00%

0.0508

215.39%

Henan Province

4.890

16.15%

10.872

21.48%

4.616

15.97%

10.257

21.21%

Coal-fired

4.376

3.94%

9.863

10.20%

4.112

3.33%

9.269

9.53%

*Combined Cycle

0.494

31.68%

0.970

14.04%

0.483

31.60%

0.949

13.99%

Wind-power

0.019

0.038

0.018

0.038

PV

0.0014

0.0014

0.0014

0.0014

Jiangsu Province

11.499

20.03%

21.385

9.27%

10.921

20.10%

20.292

9.04%

Coal-fired

10.193

15.71%

18.942

5.19%

9.641

15.66%

17.918

4.91%

Combined Cycle

1.098

69.60%

2.013

57.04%

1.076

69.37%

1.974

56.76%

Wind-power

0.197

58.21%

0.419

48.86%

0.192

57.15%

0.388

43.47%

PV

0.012

0.012

0.0117

0.0117

Shanghai

3.604

-13.35%

8.766

-2.77%

3.410

-13.52%

8.312

-2.87%

Coal-fired

3.183

-14.18%

7.838

-4.54%

2.999

-14.38%

7.405

-4.71%

Combined Cycle

0.421

-6.54%

0.929

15.30%

0.412

-6.65%

0.908

15.29%

Chongqing

1.554

-6.11%

4.211

-1.64%

1.432

-6.26%

3.912

-1.42%

Coal-fired

1.353

-6.17%

3.482

-4.86%

1.237

-6.36%

3.202

-4.82%

Combined Cycle

0.201

-5.72%

0.729

17.34%

0.195

-5.61%

0.710

17.47%

Zhejiang Province

7.185

42.01%

13.443

20.88%

6.904

42.32%

12.915

21.13%

Coal-fired

7.034

40.48%

13.204

20.29%

6.757

40.78%

12.682

20.54%

Combined Cycle

0.138

177.59%

0.216

54.63%

0.135

176.55%

0.211

54.28%

PV

0.0133

387.75%

0.0227

401.74%

0.0126

356.12%

0.0218

399.95%

Hubei Province

2.492

19.39%

6.531

9.52%

2.320

18.85%

6.111

9.05%

Coal-fired

2.297

17.96%

6.232

8.17%

2.130

17.25%

5.819

7.61%

Wind-power

0.080

187.07%

0.146

151.05%

0.078

186.88%

0.143

152.02%

Hydro-power

0.115

2.63%

0.154

6.26%

0.112

3.28%

0.149

6.51%

PV

0.00001

0.00001

Hunan Province

1.358

19.74%

3.908

25.87%

1.263

19.36%

3.654

25.17%

Coal-fired

1.104

26.09%

3.419

30.67%

1.013

26.11%

3.171

30.11%

Wind-power

0.136

-9.55%

0.289

5.39%

0.135

-9.69%

0.286

5.36%

Hydro-power

0.116

7.78%

0.198

-7.23%

0.114

7.80%

0.195

-7.23%

PV

0.0014

0.0014

0.0014

0.0014

Jiangxi Province

4.458

35.45%

8.988

18.59%

4.251

36.01%

8.590

18.88%

Coal-fired

4.415

35.00%

8.893

18.10%

4.217

35.80%

8.503

18.48%

Wind-power

0.043

103.92%

0.096

92.06%

0.035

67.45%

0.086

76.87%

Anhui Province

1.343

12.92%

2.846

1.33%

1.281

14.74%

2.724

2.30%

Coal-fired

1.285

15.48%

2.737

0.96%

1.224

15.72%

2.616

1.30%

Wind-power

0.025

47.82%

0.059

243.35%

0.025

0.058

Hydro-power

0.032

-45.36%

0.050

-37.92%

0.032

-45.48%

0.050

-38.03%

Fujian Province

2.182

22.32%

4.025

18.68%

2.056

22.49%

3.793

18.82%

Coal-fired

2.182

22.30%

4.025

18.68%

2.056

22.49%

3.793

18.82%

PV

0.0002

0.0002

Guangdong Province

5.231

30.34%

9.234

17.59%

4.995

30.46%

8.837

17.70%

Coal-fired

5.226

30.21%

9.224

17.46%

4.990

30.32%

8.827

17.57%

PV

0.0052

0.0100

0.0052

0.0100

Yunnan Province

0.900

-23.19%

1.881

-10.93%

0.833

-22.97%

1.743

-10.38%

Coal-fired

0.801

-27.16%

1.631

-16.32%

0.736

-27.18%

1.501

-16.21%

Wind-power

0.100

36.65%

0.250

53.61%

0.097

37.69%

0.242

57.43%

Guizhou

0.014

-0.95%

0.034

39.87%

0.014

2.07%

0.033

91.29%

Wind-power

0.014

-0.95%

0.034

39.87%

0.014

2.07%

0.033

91.29%

Hainan Province

3.074

-21.03%

5.742

-17.26%

2.852

-21.38%

5.335

-17.56%

Coal-fired

2.984

-22.52%

5.591

-18.33%

2.763

-23.00%

5.187

-18.73%

Combined Cycle

0.002

-91.43%

0.008

-80.34%

0.002

-91.07%

0.008

-79.59%

Wind-power

0.020

12.22%

0.053

14.45%

0.019

12.02%

0.051

14.35%

Hydro-power

0.063

2,500.62%

0.080

878.87%

0.062

2,909.88%

0.079

952.18%

PV

0.0055

0.0101

0.0054

0.0099

Total

90.697

31.03%

186.685

27.80%

85.624

31.02%

176.121

27.55%

Note: The remark * represented the regional companies or power plants involved in the new acquisition by the Company at the end of 2016. They had been incorporated in the Company's financial statements since 1 January 2017, and the year-on-year data of which is for information only.

For the second quarter of 2017, the power generation of Tuas Power Limited in Singapore, which is wholly-owned by the Company, accounted for a market share of 21.8% in Singapore, representing an increase of 0.4 percentage point compared to the same period of last year. The total market share of power generation in the first half year amounted to 21.5%, with a decrease of 0.1 percentage point compared to the same period of last year. 

In addition, the wind power units with a total capacity of 52MW (26x2) of Huaneng Jiangxi  Linghuashan Wind Power Plant, the 50MW photovoltaic power units (PV units) of Shanxi Yushe Photovoltaic Power Plant, the 15MW PV units of Jilin Linjiang Jubao Photovoltaic Power Plant, the 10MW PV units of Fujian Changle Photovoltaic Power Plant, the 14.1 MW PV units of Jiangsu  Guanyun Photovoltaic Power Plant and the 16.13MW PV units of Zhejiang Huzhou Distributed Photovoltaic Power Plant (each being wholly owned by the Company) as well as the 40MW PV units

of Huichang Photovoltaic Project of Huaneng Jiangsu Taicang Power Plant (75% owned by the Company), the 10MW PV units of Hunan Yueyang Xingang Photovoltaic Power Plant (60% owned by  the Company), the 20MW PV units of Huichang Photovoltaic Project of Henan Qinbei Power Plant (60% owned by the Company), the 20MW PV units of Hunan Yueyang Leigutai Photovoltaic Power Plant (55% owned by the Company), the 2.2MW PV units of Tianjin Chenxi Photovoltaic Power Plant (55% owned by the Company), the 20MW PV units of Huaneng Shandong Laiwu Niuquan Photovoltaic Power Plant (80% owned by the Company), the 6.3MW PV units of Shandong Furuite Rooftop Photovoltaic Power Plant (76% owned by the Company), the 19.75MW PV units of Shandong Weihai Haibu Photovoltaic Power Plant (80% owned by the Company), the 100MW PV units of Shandong Zhanhua Qingfenghu Photovoltaic Power Plant (46% owned by the Company), the 19.8MW PV units of Shandong Ruyi Helan Photovoltaic Power Plant (40% owned by the Company) and the 12.5MW PV units of Huichang Photovoltaic Project of Hainan Haikou Power Plant (91.8% owned by the Company) have been put into operation in the second quarter. Meanwhile, the installed capacity of certain power plants invested by the Company also changed. As of 30 June 2017, the Company had a controlled installed capacity of 101,698MW and an equity-based installed capacity of 90,796MW.

About Huaneng Power International, Inc.

Huaneng Power International, Inc. is one of China's largest listed power producers with controlled generation capacity of 101,698 MW and equity-based generation capacity of 90,796MW. The power plants of the Company are located in 25 provinces, municipalities and autonomous regions 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. Iris AU YEUNG / Ms. Tiffany Ruan / Ms. Echo Ma
Tel:        (852) 2851 1038
Fax:         (852) 2865 1638
Email:     po@wsfg.hk  /tiffanyruan@wsfg.hk / echoma@wsfg.hk

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SOURCE Huaneng Power International, Inc.

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