With the convening of the 2024 mid-year work conference, various groups have disclosed a number of important data such as total profits, power generation, heat supply, and installed capacity of new energy in the first half of the year. According to the disclosed information, in the first half of this year, the profits of many groups hit a record high, and the total profit growth of Datang Group even reached 58.37% year-on-year!
National Energy Group
In the first half of the year, the main economic indicators of the National Energy Group "doubled over half", safety and environmental protection were generally stable, major projects made strong breakthroughs, and reforms and innovations were promoted in multiple areas.
Coal production was 310 million tons, coal sales were 430 million tons; power generation installed capacity was 333 million kilowatts, of which renewable energy installed capacity was 124 million kilowatts, accounting for 37.3%; power generation was 594.9 billion kilowatt-hours, railway transportation volume was 290 million tons, and the two ports had a loading volume of 130 million tons; coal chemical product output was 13.92 million tons.
New energy installed capacity exceeded 100 million kilowatts, adhering to the "five transformations" of new energy development, renewable energy installed capacity of 124 million kilowatts, accounting for 37.3%; wind power 62.28 million kilowatts, maintaining the world's first; photovoltaic 42.13 million kilowatts, achieving leapfrog growth.
Huaneng Group
In the first half of the year, Huaneng Group's energy supply showed new responsibilities, operating efficiency set a new record, low-carbon transformation achieved new breakthroughs, independent innovation made new progress, and enterprise reform achieved new improvements.
All business segments increased profits, cost and expense control was effective, volume and price coordinated to increase revenue and improve efficiency, and loss management achieved significant results. Profits hit a new historical high, and "one profit and five rates" were better than the same period and better than progress.
Domestic power generation increased by 3.6% year-on-year, coal production increased by 3.8% year-on-year, heat supply increased by 8.1% year-on-year, and the comprehensive utilization hours of units ranked first in the industry.
The cumulative installed capacity of new energy exceeded 80 million kilowatts, and the proportion of low-carbon clean energy installed capacity exceeded 49%. The equivalent availability coefficients of hydropower, thermal power, wind power, and photovoltaic power are ranked first in the industry benchmarking, and the award rate of China Electricity Council energy efficiency level benchmarking ranks first.
Datang Group
In the first half of the year, Datang Group's profits and power product output both hit historical highs, exceeding the "double half" target.
Total profit increased by 58.37% year-on-year, setting a new record for the same period in history.
Power generation increased by 4.64% year-on-year, heat supply increased by 14.59% year-on-year, coal production increased by 47.7% year-on-year, and natural gas production increased by 75.1% year-on-year.
The proportion of clean energy installed capacity exceeded 47%, providing strong support for building a clean, low-carbon, safe and efficient energy system and ensuring energy security.
Completed the localization transformation of DCS for 10 units; completed the maintenance of 224 units with high standards, and enhanced the peak capacity to meet the peak summer demand.
A science and technology innovation company and a digital technology company were established, and the Green Smart Energy Technology Research Institute was jointly established with Tsinghua University to form an innovation system of "three institutes and three departments".
Huadian Group
In the first half of the year, Huadian Group achieved positive results in all aspects of its work, and its "five values" continued to improve, achieving stable growth in "one profit" and continuous optimization in "five rates".
Total profit increased by 32.9% year-on-year, investment completed increased by 21.9% year-on-year, economic added value increased by 18.1% year-on-year, economic added value increased by 60.5% year-on-year, power generation increased by 4.9% year-on-year, heat supply increased by 5.81% year-on-year, and coal production increased by 17.86% year-on-year.
Total installed power generation capacity is 219 million kilowatts, of which clean energy installed capacity accounts for 52.4%, and new energy installed capacity exceeds 60 million kilowatts.
State Power Investment
In the first half of the year, the overall safety production of State Power Investment was stable, and its operating efficiency continued to improve. "One profit and five rates" maintained "one increase, one stability, and four improvements", and achieved the expected goals of "stable growth in economic benefits, continuous improvement in asset quality, and continuous optimization of capital structure" in stages, laying a solid foundation for the full completion of annual goals and tasks.
As of the end of May 2024, the State Power Investment Corporation had an asset scale of 1.82 trillion yuan, 130,000 employees, and 65 secondary units. The total installed capacity is 240 million kilowatts, of which clean energy accounts for 70.26%.


