Coal price hits Huaneng

Huaneng Power International will post a loss for the first half of the year due to substantial increases in coal price, according to a company statement.

The loss comes despite an increase of 13.43% in generation output over the same period last year – the company generated 91.448 billion kWh in the first half of 2008 according to preliminary company statistics.

While blaming high coal prices for an expected loss, the company cited strong electricity supply and demand growth over the period, based on new generation assets, strong economic growth and advanced plant renovation arrangements.

The table below gives the power generation of each of Huaneng’s power plants in the first half of the year (in billion kWh):

 

                      Power generation    Power generation
  Power Plant         in the first        in the first
                      half year of 2008   half year of 2007    Change

  Dalian                     4.688             5.173           -9.38%
  Fuzhou                     3.515             3.570           -1.54%
  Nantong                    4.364             3.843           13.56%
  Shangan                    3.657             3.434            6.49%
  Shanghai
   Shidongkou Second         3.687             3.582            2.93%
  Shantou Coal-fired         3.500             3.178           10.13%
  Dandong                    2.359             2.477           -4.76%
  Nanjing                    1.877             1.826            2.79%
  Dezhou                     6.849             6.122           11.88%
  Jining                     1.208             1.366          -11.57%
  Weihai                     2.287             1.961           16.62%
  Shanghai
   Shidongkou First          3.902             3.486           11.93%
  Changxing                  0.838             0.789            6.21%
  Taicang                    5.127             5.097            0.59%
  Huaiyin                    3.852             4.048           -4.84%
  Yushe                      2.614             2.893           -9.64%
  Qinbei                     4.831             3.540           36.47%
  Xindian                    2.422             2.367            2.32%
  Yingkou                    5.367             2.429          120.96%
  Jinggangshan               1.558             1.631           -4.48%
  Yueyang                    3.148             3.114            1.09%
  Luohuang                   6.141             5.389           13.95%
  Pingliang                  4.128             4.065            1.55%
  Shanghai
   Combined-cycle            0.049             0.093          -47.31%
  Yuhuan                     8.415             5.145           63.56%
  Jinling                    1.065                --               --

 

About James Ockenden (228 Articles)
Journalist covering energy and power markets since 1996.
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