Huaneng Power International, Inc. Domestic Power Generation Decreases by 7.27% in 2014

BEIJING, Jan. 9, 2015 /PRNewswire/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announces its power generation in 2014. According to the Company's preliminary statistics, as of 31 December 2014, the Company's total power generation of its power plants within China on consolidated basis amounted to 294.388 billion kWh, representing a decrease of 7.27% over the same period last year. Total electricity sold by the Company's power plants within China amounted to 277.538 billion kWh, representing a decrease of 7.49% over the same period last year.

The main reasons for the decline of the Company's power output are as follows: Firstly, China's economic growth slowed in 2014 and power consumption growth of the whole society declined continuously. Secondly, a number of ultra-high voltage west-to-east power transmission lines in China have commenced operation and occupied the power generation space of the thermal power generating units in the southeast coastal regions. The Company has been affected to a greater extent as thermal power generating units of the Company has a higher proportion in the southeast region. Thirdly, during the peak summer period, the temperature of most of the country has fallen to a greater extent as compared with the same period of last year and rainfall has increased substantially as compared with the same period of last year, thus resulting in low electricity demand. The above, coupled with a high base of the previous year, has resulted in a significant decline in power output as compared with the same period of last year. Fourthly, a large number of hydropower generating units in the southwest region have commenced production. The abundant inflow of water and extensive development of hydropower occupied the thermal power generation space of Yunnan province and also power was transmitted to the load centres in Shanghai, Zhejiang, Jiangsu and Guangdong. In addition, large nuclear power generating units have commenced operation successively in Liaoning and Fujian and it has an impact on the power output of the thermal power generating units in the above areas.

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

The accumulated 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 1.2 percentage points compared to the same period last year.

About Huaneng Power International, Inc.

Huaneng Power International, Inc. is one of China's largest listed power producers with controlled generation capacity of 78,272 MW and equity-based generation capacity of 70,195MW. Its power plants are located in 21 provinces, municipalities and autonomous regions in China. It 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 / +86-10-6322-6596
Fax: +86-10-6641-2321
E-mail: [email protected]

Wonderful Sky Financial Group Limited
Wonderful Sky Financial Group Limited
Ms. Erica Tao / Ms. Shiloh Xiang
Tel: +852-2851-1038
Fax: +852-2865-1638
Email: [email protected] / [email protected]

SOURCE Huaneng Power International, Inc.

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