Gelonghui, April 15, 丨 Huaneng International Power Co., Ltd. (00902.HK) announced that in the first quarter of 2024, the company's operating power plants in China completed feed-in electricity of 113,036 billion kilowatt-hours according to the consolidated report, an increase of 5.63%; in the first quarter of 2024, the average online settlement price of the company's operating power plants in China was 497.97 yuan/megawatt-hour, a year-on-year decrease of 3.99%. In the first quarter of 2024, the company's market-based electricity volume ratio was 86.60%, down 0.18 percentage points from the same period last year.
The main reasons for the increase in the company's electricity capacity are: in the first quarter of 2024, the country's electricity consumption maintained a steady increase, driving a year-on-year increase in electricity generation; during the heating season, the company maintained a high load rate, and coal engine power generation increased year-on-year; the company continued to promote a green and low-carbon transformation. The installed capacity of new energy sources increased more year-on-year, and new energy generation increased rapidly year-on-year.