(GDR under the symbol: "SDIC")
Fourth Quarter 2024 Operating Results
This announcement contains the English translation of the Chinese version of "
According to the preliminary statistics of
In Q4 2024, the average on-grid tariff of the company's domestic holding enterprises is
The operating results of the company's domestic holding enterprises in 2024 Q4 is as followed:
|
Items |
Gross Electricity Generated (TWh)
|
Net Electricity Generated (TWh)
|
Average On-grid Tariff (RMB / kWh, including tax)
|
||||||
|
Current period |
Same period last year |
Change (YOY%) |
Current period |
Same period last year |
Change (YOY%) |
Current period |
Same period last year |
Change (YOY%) |
|
|
Hydropower |
23.74 |
24.652 |
-3.70% |
23.6 |
24.505 |
-3.69% |
0.285 |
0.303 |
-5.94% |
|
Thermal Power |
12.111 |
13.566 |
-10.72% |
11.34 |
12.73 |
-10.92% |
0.474 |
0.471 |
0.64% |
|
|
1.523 |
1.556 |
-2.07% |
1.487 |
1.517 |
-1.95% |
0.472 |
0.499 |
-5.41% |
|
|
1.201 |
0.999 |
20.21% |
1.182 |
0.987 |
19.80% |
0.517 |
0.569 |
-9.14% |
|
Total |
38.576 |
40.773 |
-5.39% |
37.609 |
39.738 |
-5.36% |
0.36 |
0.371 |
-2.96% |
The operating results of the company's domestic holding enterprises from January to
|
Items |
Gross Electricity Generated (TWh)
|
Net Electricity Generated (TWh)
|
Average On-grid Tariff (RMB / kWh)
|
||||||
|
Current period |
Same period last year |
Change (YOY%) |
Current period |
Same period last year |
Change (YOY%) |
Current period |
Same period last year |
Change (YOY%) |
|
|
Hydropower |
104.085 |
94.206 |
10.49% |
103.49 |
93.643 |
10.52% |
0.291 |
0.3 |
-3.00% |
|
|
56.414 |
58.122 |
-2.94% |
52.902 |
54.559 |
-3.04% |
0.465 |
0.472 |
-1.42% |
|
|
6.533 |
6.494 |
0.60% |
6.377 |
6.338 |
0.62% |
0.458 |
0.486 |
-5.76% |
|
|
4.821 |
2.953 |
63.27% |
4.75 |
2.916 |
62.90% |
0.505 |
0.665 |
-24.06% |
|
Total |
171.85 |
161.78 |
6.23% |
167.52 |
157.46 |
6.39% |
0.359 |
0.374 |
-4.01% |
Explanation of year-on-year changes in gross electricity generated of domestic power plants from January to December in 2024:
1. The main reason for the year-on-year increase in hydropower generation is due to the abundant water inflow in the basins of various hydropower stations.
2. The main reasons for the increase in power generation by thermal power enterprises in
3. The power generation of wind power remains the same level as that of the same period last year.
4. The main reason for the overall year-on-year increase in solar power generation is the successive commissioning of multiple projects.
Explanation of year-on-year changes in average on-grid tariff of domestic power plants from January to December in 2024:
Due to the impacts of settlement prices and billing cycles, the grid electricity prices of various power plants have fluctuated. Among them:
The electricity price for thermal power follows a "quantity price + capacity price" two-part tariff system, and the price has decreased compared to the same period last year.
Main reasons for the year-on-year decrease in electricity prices for Xiaosanxia is due to the price fluctuations in the spot market.
The electricity price for solar power has decreased compared to the same period, primarily because the company's newly commissioned units are part of parity grid projects, and the peak-valley time-of-use pricing has also had an impact.
Moreover, Yangfanggou is coordinating with relevant parties to promote the settlement of electricity charges, and Lianghekou is temporarily settled according to the transition period electricity price.
Operating results of overseas power plants from January to December in 2024:
The 50,000 kW onshore wind power project
The Board of Directors of
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the