格隆汇1月12日丨京能电力(600578.SH)公布，根据公司统计，公司下属控股各运行发电企业2025年全年 累计完成发电量951.88亿千瓦时，同比降幅3.09%，其中火力发电累计完成发电量907.88亿千瓦时，同 比降幅5.91%；新能源累计完成发电量44.01亿千瓦时，同比增幅154.01%。2025年全年累计完成上网电 量882.26亿千瓦时，同比降幅2.99%，其中火力发电累计完成上网电量839.08亿千瓦时，同比降幅 5.98%；新能源累计完成上网电量43.18亿千瓦时，同比增幅153.29%。 火力发电第四季度(10月-12月份)完成发电量222.18亿千瓦时，同比降幅5.67%；完成上网电量204.87亿 千瓦时，同比降幅5.76%。新能源第四季度(10月-12月份)完成发电量12.95亿千瓦时，同比增幅69.93%； 完成上网电量12.70亿千瓦时，同比增幅69.13%。 ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实 性、准确性和完整性承担法律责任。 根据公司初步统计，2025年，乌东德水库来水总量约1051.35亿立方米，较上年同期偏枯6.44%；三峡水库来水总 量约3962.68亿立方米，较上年同期偏丰5.93%。 2025年，公司境内所属六座梯级电站总发电量约3071.94亿千瓦时，较上年同期增长3.82%。其中，第四季度公司 境内所属六座梯级电站总发电量约720.68亿千瓦时，较上年同期增长19.93%。各电站发电量具体如下： 董事会 2026年1月5日 注：原始数据为小数点后四位，本表格按照惯例保留两位，为了保持原始数据精度，求和值未做调整。 特此公告。 中国长江电力股份有限公司 ...

格隆汇1月5日丨长源电力(000966.SZ)公布，2025年12月，公司完成发电量23.80亿千瓦时，同比降低 40.54%。其中火电发电量同比降低43.39%，水电发电量同比增长25.79%，新能源发电量同比降低 4.22%。公司2025年1-12月累计完成发电量344.40亿千瓦时，同比降低14.12%。其中火电累计发电量同 比降低16.60%，水电累计发电量同比增长19.18%，新能源累计发电量同比增长0.77%。 ...

Group 1 - The core viewpoint of the article highlights the growth in China's electricity generation, with a reported production of 800.2 billion kilowatt-hours in October 2025, reflecting a year-on-year increase of 7.9% [1] - Cumulative electricity generation from January to October 2025 reached 8,062.55 billion kilowatt-hours, showing a cumulative growth of 2.3% [1] - The article references a market research report by Zhiyan Consulting, which assesses the investment prospects in the Chinese energy industry from 2026 to 2032 [1] Group 2 - The listed companies in the energy sector include Huaneng International (600011), Datang Power (601991), Guodian Power (600795), Huadian International (600027), Changjiang Power (600900), State Power Investment (600886), Chuanwei Energy (600674), Guiguan Power (600236), Inner Mongolia Huadian (600863), and Zhejiang Energy (600023) [1] - The data source for the statistics mentioned is the National Bureau of Statistics, with the information organized by Zhiyan Consulting [1]

Core Viewpoint - The company reported an increase in power generation and grid-connected electricity volume for the first three quarters of 2025 compared to the same period last year, indicating a positive growth trend in its operational performance [1] Group 1: Power Generation and Electricity Volume - For the first three quarters of 2025, the company achieved a total power generation of 349.241 billion kWh and grid-connected electricity volume of 332.134 billion kWh, representing a year-on-year growth of 0.68% and 0.68% respectively [1] - In the third quarter of 2025, the company generated 143.215 billion kWh of electricity and connected 136.333 billion kWh to the grid, with year-on-year increases of 7.57% and 7.58% respectively [1] - The volume of electricity traded in the market accounted for 89.86% of the total grid-connected electricity [1] Group 2: Installed Capacity - As of September 30, 2025, the company's consolidated installed capacity reached 123.2414 million kW, comprising 79.293 million kW from thermal power, 14.9506 million kW from hydro power, 10.4285 million kW from wind power, and 18.5693 million kW from solar power [1]

Core Viewpoint - The company reported an increase in power generation and grid-connected electricity volume for the first three quarters of 2025, indicating stable growth in operational performance [1] Group 1: Performance Metrics - The company achieved a total power generation of 349.241 billion kilowatt-hours and grid-connected electricity of 332.134 billion kilowatt-hours, representing year-on-year growth of 0.68% and 0.74% respectively [1] - On a comparable basis, the growth rates for power generation and grid-connected electricity were 1.69% and 1.75% year-on-year [1] - The volume of electricity traded in the market accounted for 90.89% of the total grid-connected electricity [1] Group 2: Pricing Information - The average grid-connected electricity price was reported at 396.02 yuan per thousand kilowatt-hours [1]

Core Viewpoint - Jingneng Power's electricity generation in the first three quarters of 2025 shows a decline in total output, primarily driven by a decrease in thermal power generation, while renewable energy generation has significantly increased [1] Summary by Category Electricity Generation - The total electricity generation for the first three quarters (January to September) reached 71.675 billion kWh, representing a year-on-year decrease of 3.02% [1] - Thermal power generation accounted for 68.570 billion kWh, with a year-on-year decline of 5.98% [1] - Renewable energy generation totaled 3.105 billion kWh, showing a substantial year-on-year increase of 220.06% [1] Grid-connected Electricity - The cumulative grid-connected electricity for the first three quarters was 66.469 billion kWh, reflecting a year-on-year decrease of 2.91% [1] - Thermal power contributed 63.421 billion kWh to the grid, with a year-on-year decline of 6.05% [1] - Renewable energy grid-connected electricity reached 3.048 billion kWh, marking a year-on-year increase of 219.53% [1] Third Quarter Performance - In the third quarter (July to September), thermal power generation was 27.087 billion kWh, with a slight year-on-year increase of 0.06% [1] - The grid-connected thermal power for the third quarter was 25.194 billion kWh, also showing a minor year-on-year increase of 0.12% [1] - Renewable energy generation in the third quarter was 0.693 billion kWh, with a year-on-year increase of 62.21% [1] - The grid-connected renewable energy for the third quarter was 0.675 billion kWh, reflecting a year-on-year increase of 59.27% [1]

Core Viewpoint - The company reported a decrease in total power generation for the first three quarters of 2025, with a notable increase in renewable energy generation despite a decline in thermal power generation [1] Group 1: Power Generation - The total power generation reached 71.675 billion kWh, representing a year-on-year decrease of 3.02% [1] - Thermal power generation accounted for 68.57 billion kWh, showing a year-on-year decline of 5.98% [1] - Renewable energy generation totaled 3.105 billion kWh, marking a significant year-on-year increase of 220.06% [1] Group 2: Power Supply - The total on-grid electricity reached 66.469 billion kWh, reflecting a year-on-year decrease of 2.91% [1] - Thermal power on-grid electricity was 63.421 billion kWh, with a year-on-year decline of 6.05% [1] - Renewable energy on-grid electricity amounted to 3.048 billion kWh, indicating a year-on-year increase of 219.53% [1]

Core Viewpoint - The company reported a slight decrease in total power generation for the first three quarters of 2025 compared to the previous year, with notable growth in renewable energy sources such as solar and wind [1] Summary by Category Power Generation - The total power generation for the first three quarters reached 93.363 billion kWh, a year-on-year decrease of 0.61% [1] - Coal power generation was 65.925 billion kWh, down 3.65% year-on-year [1] - Gas power generation was 19.334 billion kWh, remaining stable compared to the previous year [1] - Wind power generation increased to 3.976 billion kWh, up 10.84% year-on-year [1] - Solar power generation surged to 3.203 billion kWh, marking an increase of 82.09% year-on-year [1] - Hydropower generation reached 0.388 billion kWh, up 14.45% year-on-year [1] - Biomass power generation was 0.537 billion kWh, an increase of 8.48% year-on-year [1] Grid Power Supply - The total grid power supply for the first three quarters was 88.572 billion kWh, a year-on-year decrease of 0.52% [1] - Coal grid power supply was 61.873 billion kWh, down 3.61% year-on-year [1] - Gas grid power supply was 18.939 billion kWh, remaining stable compared to the previous year [1] - Wind grid power supply increased to 3.796 billion kWh, up 10.83% year-on-year [1] - Solar grid power supply reached 3.111 billion kWh, an increase of 80.56% year-on-year [1] - Hydropower grid supply was 0.375 billion kWh, up 13.64% year-on-year [1] - Biomass grid supply was 0.478 billion kWh, an increase of 9.38% year-on-year [1]

Core Insights - The company reported a total power generation of 93.363 billion kWh for the first three quarters of 2025, representing a year-on-year decrease of 0.61% [1] Generation Breakdown - Coal power generation reached 65.925 billion kWh, down 3.65% year-on-year [1] - Gas power generation was 19.334 billion kWh, remaining stable year-on-year [1] - Wind power generation increased to 3.976 billion kWh, up 10.84% year-on-year [1] - Solar power generation surged to 3.203 billion kWh, marking an 82.09% increase year-on-year [1] - Hydropower generation totaled 0.388 billion kWh, up 14.45% year-on-year [1] - Biomass power generation reached 0.537 billion kWh, increasing by 8.48% year-on-year [1] Grid Connection Data - The total grid-connected electricity generation was 88.572 billion kWh, a decrease of 0.52% year-on-year [1] - Coal power connected to the grid was 61.873 billion kWh, down 3.61% year-on-year [1] - Gas power connected to the grid was 18.939 billion kWh, remaining stable year-on-year [1] - Wind power connected to the grid was 3.796 billion kWh, up 10.83% year-on-year [1] - Solar power connected to the grid was 3.111 billion kWh, reflecting an 80.56% increase year-on-year [1] - Hydropower connected to the grid was 0.375 billion kWh, up 13.64% year-on-year [1] - Biomass power connected to the grid was 0.478 billion kWh, increasing by 9.38% year-on-year [1]