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Electricity

In 2025, the Group strengthened its equipment reliability management, enhanced its ability to maintain the peak supply of electricity and gave full play to the core guarantee role of coal-fired power as “ballast” and “regulator”. In active response to the severe situation represented by decrease in both volume and price of coal-fired power, the Group adopted various measures to strive to generate electricity in a cost-effective manner, so as to achieve high coverage of medium and long-term contracts and balance between volume and price in spot trading. The Group realised a total power output dispatch of 207.00 billion kWh throughout the year, accounting for 2.0% of 10,368.2 billion kWhof the total power consumption of the society in the corresponding period.

The Group optimized the layout of coal-fired power generation in key regions to serve the construction of new-type power system. In 2025, the Group put seven clean and efficient thermal power units including Jiujiang Power Phase II, Beihai Power Phase II, Qingyuan Power Phase II and Indonesia Lion into high-quality operation, promoted the construction of domestic coal-fired projects including Dingzhou Power Phase III and Cangdong Power Phase III in an orderly manner and accelerated the efficient regulation capacity and low-carbon transformation of coal-fired power mainly by the “linkage of the three power industry reforms (三改聯動)”. The standard coal consumption for power supply of the Group’s coal-fired generating units (excluding coal gangue) for the year was 294 g/kWh.

CHINA SHENHUA