Bangkok, CKPower announces its push to produce electricity from clean energy. It is expected that in 2024, operating results will continue to grow due to seasonal factors. Mr. Thanawat Trivisvawet, Managing Director of CK Power Public Company Limited or CKPower, revealed that in 2023 CKPower had revenue of 10,941 million baht from 14 power plants with a total installed capacity of 3,633 megawatts, although Faced with the El Niño phenomenon, the water volume has improved since the middle of the third quarter of 2023, with the company adjusting its electricity production plan to be in line with the increased water volume. As a result, the amount of water remaining in the reservoir of the Nam Ngum 2 Hydroelectric Power Plant is as high as 367 meters above mean sea level. This is the highest remaining water level in the reservoir in three years and will have a positive effect on operating results in the first half of 2024, which is the dry season. In 2023, CKPower recognized a decrease in profit share from its investment in Xayaburi Power Company Limited (XPCL) due to a decrease in electricity sales volume in line with water volume. and higher financial costs following the global interest rate trend. In addition, Nam Ngum 2 Power Company Limited (NN2) had decreased income from electricity sales and increased expenses from major overhaul work according to the maintenance plan. ) while Bang Pa-in Cogeneration Company Limited (BIC) had an increase in gross profit from the decrease in average natural gas prices in 2023, resulting in CKPower's gross profit margin increasing to 25.4 percent or An increase of 4.9 percent from 2022 and a net profit attributable to the company's shareholders of 1,462 million baht, representing a net profit margin of 13 percent. CKPower has set its sights on growth in the development of renewable energy. Take part in driving Thailand towards a sustainable low-carbon society. In 2023, renewable energy power plants affiliated with the CKPower Group can produce clean electricity to send to Tha iland over 8.5 million megawatt hours (MWh), or equivalent to more than 17% avoid greenhouse gas emissions of 4.4 million tonnes of carbon dioxide equivalent per year To move forward towards the goal of reducing net greenhouse gas emissions to zero, which can yield concrete long-term results within the year 2050. Source: Thai News Agency