On June 21, China Resources Power Holdings Co., Ltd. released the Sustainability Report for 2018. As a large-scale energy enterprise, CR Power, by strengthening corporate governance, vigorously developed renewable energy, further reduced energy consumption and emissions, significantly disposed of and reduced coal holdings, and innovatively combined renewable energy development with targeted poverty alleviation, fulfilled corporate social responsibility and practiced sustainable development in 2018.
As of the end of 2018, CR Power's installed capacity for clean energy operation equity increased by 3 ppts compared with the previous year. Among them, the installed capacity for wind power equity increased from 5629MW at the end of 2018 to 6816MW, up by more than 20%. At the same time, CR Power has continued to increase investment in energy saving and emission reduction of coal-fired units. As at the end of 2018, 98% of the installed capacity of CR Power's coal-fired power plants had completed ultra-low-emissions transformation with main energy consumption and emission indicators further improved and average net coal consumption rate down by 3.62g / kWh.
As one of the most efficient and profitable integrated energy companies in the country, CR Power had full-load unit utilization hours for coal-fired power plants of 4,976 hours, 615 hours higher than the national coal-fired units' average utilization hours, and had average utilization hours for wind power plants of 2,314 hours, 219 hours higher than the national average utilization hours of wind turbines, maintaining the leading position in the industry. This is attributable to the company's continuous strengthening of technological transformation, information system construction, improvement of operation management, and building of an excellent operating system. CR Power invested approximately RMB197 million in scientific research in 2018 and obtained 198 new patents.
In 2018, CR Power further optimized its asset structure, significantly reduced its holdings and disposal of coal assets, and reduced its holdings and disposal of some thermal power assets and other inefficient assets. Among them, the disposal and sale of coal assets located in Shanxi recovered RMB9.5 billion in cash for CR Power, and the remaining RMB5 billion is expected to be recovered within the next three years.
In order to solve the problem of urban sludge sieging and expand its own development space, CR Power has actively explored the technology of solid waste disposal and blending combustion power generation in thermal power plants. Its 13 power plants including Guangdong Haifeng Power Plant and Jiangsu Changshu Power Plant has participated in municipal sludge waste disposal, with 403,000 tons of sludge blending combusted in total throughout the year. At the same time, CR Power has attached great importance to the prevention and control of water and soil pollution and ecological protection, and minimized the impact on the environment during project construction and operation. Its total investment in environmental protection in 2018 was about RMB1.52 billion.
CR Power has also innovatively combined the development of renewable energy with targeted poverty alleviation, and leveraged industry, capital, management, and technology advantages to “teach people how to fish" through industrial poverty alleviation, educational poverty alleviation to strives to fight against the poverty. In 2018, CR Power donated a total of RMB 6,066,900 to the society.
Energy is an area of great concern to all sectors of society. In 2018, CR Power launched the "Green Development and Better Life" Clean Energy Open Month for the third consecutive year, inviting a total of 1735 people, including community residents, school teachers and students, environmental protection volunteers and other representatives to the enterprise to inspect its work and effectiveness in the fields of clean development, environmental protection, innovation and transformation, and social responsibility. During the year, CR Power-owned enterprises held 168 open events.
2018 is also the best year for CR Power's safety production performance in the past 8 years. The company invested about RMB312 million in production safety without any major safety accidents.
It is worth noting that, as the deepening reform of the power system, as of the end of 2018, CR Power has established 25 provincial power sales companies. The total power generated by affiliated power plants was approximately 166.3 billion KWH in the year, and the total power sold was approximately 157 billion KWH. Among them, the annual total amount of power that was directly involved in regional electricity trading through bilateral negotiation, platform bidding was about 70.25 billion KWH, accounting for about 45%.
With the increasingly fierce competition in the power market, CR Power has also actively made innovation and transformation by providing various forms of integrated smart energy services from the dimensions of efficient energy supply and smart energy use. Many projects in such fields as distributed energy, incremental distribution of networks, shore power supply and smart energy comprehensive service have been successfully implemented. Among them, CR Power has paid special attention to digitalization and intelligent work, actively built a cloud platform for power sales, realized platform-based management of the basic process of power sales business, and built a smart energy cloud platform to guide companies to use electricity rationally and economically.
Li Ruge, Chairman of CR Power's Board of Directors, said: "From the three aspects of environment, society and governance, understanding and fulfilling the enterprise's own responsibilities, and strengthening and improving the enterprise's ability to perform its duties, is one of the ways to build the core competitiveness of the enterprise, is the expectation of all walks of life, and is the inevitable requirements for sustainable development of enterprises in the new era. It is hoped that the release of the sustainability report can further promote the company's improvement in the fulfillment of responsibilities and practice in environmental, social, governance and other aspects."
Original link: http://yuqing.people.com.cn/n1/2019/0624/c210117-31177015.html