Core Viewpoint - China General Nuclear Power Corporation (CGN) announced a projected decrease in power generation for 2025, with a total of 1,356.3 GWh, representing a 14.9% decline compared to 2024 [1] Summary by Category Power Generation Performance - For the nine months ending September 30, 2025, CGN's cumulative power generation reached 14,206.8 GWh, a 3.0% decrease year-on-year compared to 2024 [1] - Breakdown of power generation changes includes: - Wind power projects in China decreased by 2.2% - Solar power projects in China increased by 26.1% - Gas power projects in China increased by 7.9% - Hydropower projects in China decreased by 13.0% - Projects in South Korea decreased by 11.4% [1] Project-Specific Changes - In the 2025 projection: - Wind power projects in China are expected to decrease by 37.4% - Solar power projects in China are expected to increase by 47.7% - Gas power projects in China are expected to increase by 69.5% - Hydropower projects in China are expected to increase by 8.1% - Projects in South Korea are expected to increase by 2.1% [1]
中广核新能源：9月集团按合并报表口径完成发电量同比减少14.9%