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Huaneng domestic power generation increases by 6.81%

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World Coal,

Huanneng Power International, Inc. has declared its power generation in the first quarter of 2015.

According to the company's preliminary statistics, as of 31 March 2015, the company's total power generation by the power plants within China on consolidated basis amounted to 82.545 billion kWh, representing an increase of 6.81% over the same period last year.

The increase in power generation of the company was mainly attributable to the acquisition of power plants from its parent company and the generation units that have been recently put into operation.

The decrease in the power generation of some power plants as compared with the same period of last year was attributable to these major reasons: Firstly, in the first quarter of 2015, the economy in China continued to grow slowly, with the deepening of the country's economic restructuring as well as continuing decline in the growth of the power consumption nationwide, the power generation in the areas where the company's coal-fired generating plants are located decreased correspondingly on consolidated basis over the same period last year. Secondly, the commencement of operation of a number of ultra-high voltage west-to-east power transmission lines in China reduced the power generation market of thermal power generating units in the southeast coastal regions where a high proportion of thermal power generating units of the company are located, thereby having a relatively greater impact on the company. Thirdly, the commencement of operation of many hydropower generating units in the southwest region as well as the abundant water supply in the same region contributed to a significant increase in hydro-power generations, which has reduced the power generation market of thermal power generating units in Yunnan Province as well as Shanghai, Zhejiang, Jiangsu and Guangdong where the excessive hydro-powers generated in the southwest region were provided. Meanwhile, power output from thermal power generating units in Liaoning and Fujian were affected by the commencement in the operation of large nuclear generating units in these two provinces.

The accumulated power generation of Tuas Power Limited in Singapore, which is wholly owned by the company, accounted for a market share of 21.9% in Singapore in the first quarter of 2015, representing an increase of 0.7 percentage point compared to the same period last year.

Adapted from press release by Joseph Green

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