China Huaneng Group, the nation's largest electricity producer,
has set a sales revenue target of 100 billion yuan this year.
The company plans to produce 325.1 billion kilowatt-hours of
electricity in 2007, with new installed capacity reaching 10,000
megawatts.
Last year the company's 1,000-megawatt ultra-supercritical
coal-fired generating units, the first of their kind in China, went
into commercial use.
The units, which use advanced coal-fired technology, are at
Huaneng Yuhuan Power Plant, which is in East China's Zhejiang
Province. The first phase of the Yuhuan project involves two
1,000-megawatt generating units, with an investment of 9.6 billion
yuan.
"The operation of the 1,000-megawatt ultra-supercritical coal-fired
power generating units is a milestone in China's electricity
industry. The technology, which is more energy-saving and
environmentally friendly, is the most advanced coal-fired power
generating technology in the world," said Li Xiaopeng, the
company's president.
Huaneng's sales revenue for 2006 was 84.5 billion yuan, up 14.8
percent from 2005. The company produced 282.04 billion
kilowatt-hours of electricity last year, an increase of 10 percent
from 2005.
As the world's fastest growing major economy and the
second-biggest energy consumer, China's power majors have made
substantial investments to boost capacity.
China's total installed electricity-generating capacity
surpassed 622 gigawatts in 2006, up 20.3 percent from 2005.
"The electricity industry has seen quick development in the past
years, but the proportion of coal-fired power plants also
increased," said Wang Yeping, vice-chairman of the State
Electricity Regulatory Commission.
Coal-fired power plants have accounted for over 77 percent of
the nation's total installed generating capacity, said Wang, adding
that China will accelerate efforts to close small coal-fired units
with outdated technology that use excessive energy.
The nation is also trying to adjust its power mix, hoping that
clean energy such as hydropower and nuclear power will make up 35
percent of the total electricity supply in 2010.
(China Daily February 2, 2007)