Provide strong energy and power guarantee for promoting China's modernization

Party Group of China Huaneng Group Co., Ltd

I. Strengthen the Solid Defense Line for Ensuring the Security and Stable Supply of Energy and Electricity

President Xi Jinping emphasized the importance of balancing development and security, ensuring that both are given equal priority to achieve high-quality development and high-level security in a mutually reinforcing manner. Currently, global energy security issues are prominent, and as the world's largest energy producer and consumer, China must firmly hold its energy security in its own hands. In recent years, the trend of electrification in end-use energy in China has accelerated. The annual electricity consumption of the entire society has reached trillions of kilowatt-hours, with electricity accounting for a significant percentage of the total end-use energy consumption, making the task of ensuring energy and power security arduous. Power security is a crucial component of energy security. From the political perspective of safeguarding national security, China Huaneng has always adhered to a bottom-line and extreme thinking approach, steadfastly maintaining the lifeline of energy and power security.

Firmly taking on the role of a "national team" in ensuring energy and power supply security. Meeting the high-quality energy needs of the people is an "essential national priority" that cannot be overlooked for a moment. China Huaneng is the world's second-largest power generation group in terms of installed capacity and the largest domestic enterprise providing heating for people's livelihoods. We deeply implement the decisions and plans of the Party Central Committee and the State Council, with a sense of responsibility that never allows for complacency, to ensure the security of power and heat supply. All types of units are operated and dispatched to the fullest extent, and coal production is stabilized and supplied under the premise of ensuring safety, playing a crucial role in critical moments. During the fight against the super typhoon "Jebi" in Hainan, we provided % of the total grid's electricity with % of the installed capacity under unified dispatch; after the earthquake in Jishishan, Gansu, Huaneng's enterprises in Gansu immediately activated emergency plans, promptly restored the grid connection of affected units, ensuring stable power generation and heating; and so on. On the front line of security supply, the Party group of the group promptly and efficiently deployed and promoted, while Party organizations at all levels and the majority of Party members established special teams, stayed on site, and went wherever needed, interpreting absolute loyalty to the Party with practical actions.

The Nuozhadu Hydropower Station, a key project in China's "West-to-East Electricity Transmission" and "Yunnan Electricity Export" initiatives, is the largest hydropower station in Yunnan Province and within China Huaneng, setting multiple world records.

Enhancing the Security Level of Infrastructure in China's Power Generation Sector. The power industrial control system serves as the nerve center of infrastructure in the power generation sector. Core technologies related to this system have long been monopolized by developed countries, posing security vulnerabilities and risks of supply disruption. China Huaneng has focused on addressing the "bottleneck" issues in power industrial control systems and cybersecurity risks. It has established the first cybersecurity research center for power infrastructure in the power generation industry, and built China's first fully domestically produced distributed control system for thermal power plants—Huaneng "Ruiwo," filling multiple domestic technological gaps. It has successively developed secure and independently controllable industrial control systems for wind, hydro, and photovoltaic power generation, effectively addressing the shortcomings of being dependent on others. The research and development have expanded to industrial control systems in integrated energy, energy storage, coal, and other fields, achieving full coverage of multiple energy types. The focus is on iterative upgrades and commercialization promotion, with market share leading domestically.

Achieving "China's Lead" in the Development of Fourth-Generation Nuclear Power. The High-Temperature Gas-Cooled Reactor (HTGR) is an advanced reactor type characterized by fourth-generation nuclear power systems, known for its inherent safety, high power generation efficiency, simple system, and versatile applications, attracting significant attention both domestically and internationally. China Huaneng, seizing the opportunity of the Shidaowan HTGR demonstration project construction, has concentrated its efforts on technological breakthroughs, boldly venturing into uncharted technological territories. The project successfully achieved commercial operation, completing a qualitative leap from laboratory to engineering application, enabling China to fully master the engineering design, equipment manufacturing, construction, and commissioning and operation technologies of HTGR nuclear power plants, establishing a relatively complete independent intellectual property rights system and standardized management and technical systems. Currently, driven by the Shidaowan HTGR demonstration project, multiple sets of the world's first (set) equipment have been developed, with a localization rate of .%.

II. Service in Building a Multi-Wheel Driven Clean Energy Supply System

Currently, China has built the world's largest power system, with the proportion of renewable energy power generation capacity historically surpassing that of thermal power, becoming the main source of new supply, and the "green content" of energy and electricity is continuously increasing. However, it must also be noted that renewable energy sources such as wind and solar power are greatly affected by weather conditions, and the power system has shortcomings in storage and regulation capabilities, with insufficient safety and resilience. It is necessary to adhere to a strategy of both breaking and establishing, prioritizing the establishment before breaking, accelerating the substitution of incremental energy sources, steadily expanding the substitution of existing energy sources, and in a planned and step-by-step manner, reducing the proportion of traditional energy sources to ensure the diverse and abundant supply of energy and electricity. Over the years, China Huaneng has coordinated different methods of energy and electricity supply, adhered to diversified development and complementary integration, focused on developing new energy, hydropower, and nuclear power as the three main pillars, and promoted the transformation and upgrading of thermal power and coal. On the basis of "steadily reducing" traditional energy, it has achieved orderly substitution with renewable energy.

Continuously Accelerate the Pace of New Energy Development. New energy is the main body of the new power system, a key force in helping China's economic and social low-carbon transformation, and an effective carrier in responding to international green trade barriers. China Huaneng, based on the characteristics and laws of new energy development, adheres to the principles of establishing first, establishing early, and establishing quickly. It vigorously develops new energy with wind power and photovoltaic power as the main components, accelerates the development and construction of multi-energy complementary bases in "Sandy Gobi Desert" and offshore wind power bases along the eastern coast. It implements special actions to enhance high-quality new energy reserves, starts construction of the country's first multi-million-kilowatt multi-energy complementary comprehensive energy base, and achieves significant breakthroughs in the development of a number of clean energy bases in Xinjiang, Gansu, Inner Mongolia, and other regions. The company's projects included in the country's first batch of "Sandy Gobi Desert" large bases are expected to be fully commissioned within the year. The cumulative approval, start, and commissioning of offshore wind power exceeds ten million kilowatts, firmly ranking among the industry's top tier.

Adapting to local conditions and coordinating the development of hydropower. Hydropower is currently the most developed and technically mature clean renewable energy source in China, playing a significant role in the national energy security strategy. China Huaneng has been deeply involved in the hydropower sector for decades, actively deploying in regions such as Yunnan, Sichuan, Tibet, and Xinjiang. The company has accumulated rich experience in hydropower development under complex geological conditions, high dams and large reservoirs, high-altitude and cold environments, and transboundary river hydropower projects. It owns the second-largest hydropower listed company in China and has constructed a series of landmark hydropower projects such as Nuozhadu, Xiaowan, and Zangmu. While focusing on the subsequent development of hydropower in the upper reaches of the Lancang River and other basins, in recent years, the company has leveraged the storage and regulation capabilities of hydropower stations to simultaneously deploy wind, solar, and pumped storage projects in the surrounding areas, creating large-scale clean energy bases integrating water, wind, solar, and storage. By utilizing the existing output channels of cascade hydropower stations, it has achieved the bundled transmission of clean energy, effectively driving the comprehensive development and utilization of new energy resources within the basin.

Actively, Safely, and Orderly Developing Nuclear Power. Nuclear power is an important base-load clean energy source, playing a crucial role in ensuring the security of the power system and promoting the integration of new energy. China Huaneng, as a new force in the nuclear power field, is primarily advancing the large-scale development of advanced pressurized water reactors and the demonstration and promotion of high-temperature gas-cooled reactor technology. It has comprehensively deployed the "Three Major Nuclear Power Bases" in Shidao Bay, Shandong, Changjiang, Hainan, and Xiapu, Fujian, developed new sites such as Jinghai Bay, Shandong, and Pulandian, Liaoning, forming a development scale of tens of millions of kilowatts. Since the "14th Five-Year Plan," the construction of the largest power engineering project in the Hainan Free Trade Port—the Changjiang Nuclear Power Phase II Project—and Huaneng's first large-scale pressurized water reactor project independently constructed—the Shidao Bay Nuclear Power Expansion Phase I Project—have been initiated, contributing to the construction of a clean energy development highland along the eastern coastal areas.

China Huaneng promotes the coordinated development of new energy and ecological governance, and supports rural revitalization, through methods such as fish-solar complementarity, agriculture-solar complementarity, and integrated wind-solar power.

Optimize the integrated development of the thermal power and coal industries. During the energy structure transformation, the role of thermal power in providing a safety net and peak shaving and frequency regulation has become more prominent. China Huaneng, focusing on enhancing supply capacity, prioritizes key national backbone coal-fired and gas-fired power projects, as well as coal-fired power projects in large-scale bases. It steadily and orderly upgrades and replaces existing outdated coal-fired power capacities with advanced ones. Research and explore the coupling of coal-fired units with biomass, green hydrogen, and green ammonia for power generation, accumulating new experiences for the low-carbon transformation of coal-fired power. Implement the "three reforms in coordination" for existing thermal power, cumulatively completing energy-saving and carbon-reduction, flexibility, and heating modifications for . billion kilowatts, leading the industry in key energy consumption indicators and pollutant emission performance. Focusing on the Inner Mongolia, Xinjiang, Shaanxi, and Gansu regions, build green transformation supply guarantee bases for coal. In recent years, the company's coal production has remained above . billion tons per year.

Adhering to the principle of "going global" with steady and rapid steps. Engaging in international energy cooperation is a crucial measure to ensure national energy security and maintain global energy market stability. China Huaneng is the earliest state-owned power enterprise to expand overseas. Currently, the company's overseas installed capacity amounts to tens of millions of kilowatts, distributed across countries such as Australia, Singapore, the United Kingdom, Myanmar, Cambodia, and Pakistan, with technical services and exports reaching over a hundred countries and regions. Deeply implementing the eight actions of the Belt and Road Initiative, adhering to the principles of "greenfield development, cleanliness priority, efficiency first, and stability essential," creating "small but beautiful" projects, and providing global energy and power clean development solutions. Organizing large-scale events such as the Second China-Cambodia Cultural Exchange Forum, building bridges for mutual integration and communication, promoting cultural exchange, mutual understanding, and the continuous enhancement of corporate image and international brand influence.

III. Building Strategic Scientific and Technological Forces to Undertake National Missions

President Xi Jinping pointed out that the competition among world technological powers is a contest of national strategic scientific and technological strength. Currently, under the dual influence of the energy revolution and the digital revolution, global energy innovation has entered an unprecedented period of activity, with emerging energy technologies accelerating their iteration and competition becoming increasingly fierce. In recent years, China has been speeding up the construction of its national strategic scientific and technological strength, intensifying efforts in scientific and technological innovation and industrial innovation, and a number of major technologies and important equipment have transitioned from "following" and "running alongside" to leading the way.