Quantcast
Last updated on April 17, 2014 at 12:58 EDT

Huaneng Power International, Inc. Power Generation within China Decreases by 3.55% in 2012

January 15, 2013

BEIJING, Jan. 15, 2013 /PRNewswire/ — Huaneng Power International, Inc. (“HPI” or the “Company”) (NYSE: HNP; HKEx: 902; SSE: 600011) announced its power generation of 2012.

According to the Company’s preliminary statistics, as of December 31, 2012, the Company’s total power generation within China on consolidated basis amounted to 302.433 billion kWh, representing a decrease of 3.55% over the same period last year; accumulated electricity sold amounted to 285.455 billion kWh, representing a decrease of 3.47% over the same period last year.

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

  1. Affected by the slower economic growth nationwide and the weak demand for electricity, the power generation in the areas where the Company’s power plants are located grew by only 1.3% in 2012. The power generation by coal-fired generating plants decreased by 2.4% on consolidated basis over the same period last year.
  2. The average capacity growth rate of the Company’s coal-fire generating units in 2012 was 3.7 percentage points lower than that in the locations where the Company’s power plants are situated, which affected the Company’s share in the power generation market.
  3. In 2012, there had been a rich supply of water to hydropower plants in the provinces and municipalities including Hunan, Jiangxi, Chongqing, Fujian, Gansu and Yunnan. The power generation by hydropower generating plants in the six provinces and municipalities increased by 31% on consolidated basis over the same period last year. In particular, there had been a sharp increase in the hydropower generation provided to Guangdong from Three Gorges, Yunnan and Guizhou. The rise of hydropower generation narrowed the demand for coal-fired power generation in the provinces where hydropower is generated or provided, and significantly affected the Company’s generation output.
  4. The long-term suspension of the coal mines in the surrounding areas of Yunnan Diandong due to safety accidents in the first quarter of 2012 resulted in tense supply of coal to the Company’s two power plants in Diandong, and affected electricity production of the Company.

The power generation and electricity sold by each of the Company’s domestic power plants in 2012 are listed below (in billion kWh):

                            Domestic Power Plant    Power            Power    Change          Electricity           Electricity          Change
                                                 generation       generation                 sold for 2012         sold for 2011
                                                   of 2012          of 2011
    ---                                            -------          -------
    Liaoning Province
    -----------------
       Dalian                                                   5.980            6.805 -12.12%                 5.691                 6.457        -11.86%
     ------                                                   -----            ----- ------                  -----                 -----        ------
       Dandong                                                  3.202            3.204  -0.06%                 3.046                 3.049         -0.10%
     -------                                                  -----            -----  -----                  -----                 -----         -----
       Yingkou                                                  7.867            8.678  -9.35%                 7.355                 8.120         -9.42%
     -------                                                  -----            -----  -----                  -----                 -----         -----
       Yingkou Co-generation                                    3.337            3.137   6.38%                 3.127                 2.929          6.76%
     ---------------------                                    -----            -----   ----                  -----                 -----          ----
       Wafangdian Wind Power                                    0.102            0.066  54.55%                 0.100                 0.065         53.85%
     ---------------------                                    -----            -----  -----                  -----                 -----         -----
       Suzihe Hydropower                                        0.013                -      -                  0.012                     -             -
     -----------------                                        -----              ---    ---                  -----                   ---           ---
       Changtu Windpower                                        0.006                -      -                  0.006                     -             -
     -----------------                                        -----              ---    ---                  -----                   ---           ---
    Inner Mongolia
    --------------
       Huade Wind Power                                         0.203            0.136  49.26%                 0.201                 0.134         50.00%
     ----------------                                         -----            -----  -----                  -----                 -----         -----
    Hebei Province
    --------------
       Shang'an                                                14.265           14.473  -1.44%                13.346                13.616         -1.98%
     --------                                                ------           ------  -----                 ------                ------         -----
       Kangbao Wind Power                                       0.062           0.0003      -                  0.059                     -             -
     ------------------                                       -----           ------    ---                  -----                   ---           ---
    Gansu Province
    --------------
       Pingliang                                                9.214           12.214 -24.56%                 8.740                11.564        -24.42%
     ---------                                                -----           ------ ------                  -----                ------        ------
       Jiuquan Wind Power                                       0.756                -      -                  0.751                     -             -
     ------------------                                       -----              ---    ---                  -----                   ---           ---
    Beijing
    -------
       Beijing Co-generation                                    4.636            4.887  -5.14%                 4.085                 4.304         -5.09%
     ---------------------                                    -----            -----  -----                  -----                 -----         -----
       Beijing Co-generation                                    3.955            0.004      -                  3.863                 0.004             -
          (Combined Cycle)
      ---------------
    Tianjin
    -------
       Yangliuqing                                              6.609            6.956  -4.99%                 6.141                 6.510         -5.67%
       Co-generation
       -------------
    Shanxi Province
    ---------------
       Yushe                                                    3.405            4.180 -18.54%                 3.151                 3.861        -18.39%
     -----                                                    -----            ----- ------                  -----                 -----        ------
       Zuoquan                                                  6.358                -      -                  5.934                     -             -
     -------                                                  -----              ---    ---                  -----                   ---           ---
    Shandong Province
    -----------------
       Dezhou                                                  15.400           14.518   6.08%                14.462                13.643          6.00%
     ------                                                  ------           ------   ----                 ------                ------          ----
       Jining                                                   5.097            4.852   5.05%                 4.734                 4.512          4.92%
     ------                                                   -----            -----   ----                  -----                 -----          ----
       Xindian                                                  3.256            3.313  -1.72%                 3.043                 3.100         -1.84%
     -------                                                  -----            -----  -----                  -----                 -----         -----
       Weihai                                                  11.608           11.128   4.31%                11.053                10.586          4.41%
     ------                                                  ------           ------   ----                 ------                ------          ----
       Rizhao Phase II                                          7.484            8.173  -8.43%                 7.080                 7.717         -8.25%
     ---------------                                          -----            -----  -----                  -----                 -----         -----
       Zhanhua Co-generation                                    1.724            1.587   8.63%                 1.587                 1.451          9.37%
     ---------------------                                    -----            -----   ----                  -----                 -----          ----
    Henan Province
    --------------
       Qinbei                                                  17.764           15.146  17.29%                16.751                14.289         17.23%
     ------                                                  ------           ------  -----                 ------                ------         -----
    Jiangsu Province
    ----------------
       Nantong                                                  8.406            9.086  -7.48%                 8.019                 8.665         -7.46%
     -------                                                  -----            -----  -----                  -----                 -----         -----
       Nanjing                                                  3.827            3.981  -3.87%                 3.617                 3.757         -3.73%
     -------                                                  -----            -----  -----                  -----                 -----         -----
       Taicang                                                 11.672           11.373   2.63%                11.104                10.790          2.91%
     -------                                                 ------           ------   ----                 ------                ------          ----
       Huaiyin                                                  7.152            7.370  -2.96%                 6.732                 6.933         -2.90%
     -------                                                  -----            -----  -----                  -----                 -----         -----
       Jinling                                                  3.788            3.740   1.28%                 3.703                 3.652          1.40%
          (Combined-cycle)
      ---------------
       Jinling (Coal-fired)                                    11.538           11.884  -2.91%                10.993                11.312         -2.82%
     -------------------                                     ------           ------  -----                 ------                ------         -----
       Qidong Wind Power                                        0.357            0.286  24.83%                 0.350                 0.280         25.00%
     -----------------                                        -----            -----  -----                  -----                 -----         -----
    Shanghai
    --------
       Shidongkou First                                         7.710            7.681   0.38%                 7.276                 7.242          0.47%
     ----------------                                         -----            -----   ----                  -----                 -----          ----
        Shidongkou Second                                     6.472            7.412 -12.68%                 6.213                 7.112        -12.64%
        -----------------                                     -----            ----- ------                  -----                 -----        ------
       Shanghai Combined-cycle                                  1.633            1.266  28.99%                 1.593                 1.235         28.99%
     -----------------------                                  -----            -----  -----                  -----                 -----         -----
       Shidongkou Power                                         7.739            6.862  12.78%                 7.359                 6.481         13.55%
     ----------------                                         -----            -----  -----                  -----                 -----         -----
    Chongqing
    ---------
       Luohuang                                                12.191           15.560 -21.65%                11.272                14.417        -21.81%
     --------                                                ------           ------ ------                 ------                ------        ------
    Zhejiang Province
    -----------------
       Yuhuan                                                  24.116           26.768  -9.91%                22.939                25.489        -10.00%
     ------                                                  ------           ------  -----                 ------                ------        ------
    Hubei Province
    --------------
       Enshi Maweigou                                           0.050           0.0001      -                  0.049                0.0001             -
               Hydropower
               ----------
    Hunan Province
    --------------
       Yueyang                                                  8.204           10.679 -23.18%                 7.682                10.047        -23.54%
     -------                                                  -----           ------ ------                  -----                ------        ------
       Xiangqi Hydropower                                       0.183                -      -                  0.180                     -             -
     ------------------                                       -----              ---    ---                  -----                   ---           ---
    Jiangxi Province
    ----------------
       Jinggangshan                                             8.842            9.485  -6.78%                 8.424                 9.019         -6.60%
     ------------                                             -----            -----  -----                  -----                 -----         -----
    Fujian Province
    ---------------
       Fuzhou                                                  13.800           16.905 -18.37%                13.104                16.071        -18.46%
     ------                                                  ------           ------ ------                 ------                ------        ------
    Guangdong Province
    ------------------
       Shantou Coal-fired                                       6.420            7.085  -9.39%                 6.082                 6.647         -8.50%
     ------------------                                       -----            -----  -----                  -----                 -----         -----
       Haimen                                                  12.529           15.213 -17.64%                11.960                14.542        -17.76%
     ------                                                  ------           ------ ------                 ------                ------        ------
    Yunnan Province
    ---------------
       Diandong Energy                                          8.509           11.648 -26.95%                 7.857                10.771        -27.05%
     ---------------                                          -----           ------ ------                  -----                ------        ------
       Yuwang Energy                                            4.992            5.813 -14.12%                 4.629                 5.344        -13.38%
     -------------                                            -----            ----- ------                  -----                 -----        ------
    Total                                                   302.433          313.554  -3.55%               285.455               295.717         -3.47%
    -----                                                   -------          -------  -----                -------               -------         -----

The accumulated power generation of Tuas Power Limited in Singapore in 2012 accounted for a market share of 25.2%, representing a decrease of 1.9 percentage points as compared to the same period last year.

In addition, generating units No.5 and No.6 (2 x 680 MW) of Huaneng Weihai power plant (in which the Company owns 60% equity interest) at Shandong Province have commenced trial run; oil-fired generating unit No.2 (600 MW) of Tuas Power Limited (which is wholly-owned by the Company) in Singapore has been closed down. At the same time, there had been changes in the generation capacity in part of the power plants in which the Company has equity interests. As of December 31, 2012, the controlled power generation capacity of the Company was 62,756 MW, and the equity-based power generation capacity of the company was 56,572MW.

About the Company

The Company is one of China’s largest listed power producers with controlled generation capacity of 62,756MW and equity-based generation capacity of 56,572MW. 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 enquiries, please contact:

Huaneng Power International, Inc.
Ms. MENG Jing / Ms. ZHAO Lin
Tel: (8610) 6608 6765 / 6322 6596
Fax: (8610) 6641 2321
Email: zqb@hpi.com.cn

Wonderful Sky Financial Group Limited
Ms. Linda Wong / Ms. Yolanda Wang / Mr. Daniel Xu / Ms. Irene Gao
Tel: (852) 2851 1038
Fax: (852) 2865 1638
Email: lindawong@wsfg.hk / yolandawang@wsfg.hk / danielxu@wsfg.hk / irenegao@wsfg.hk

SOURCE Huaneng Power International, Inc.


Source: PR Newswire