Impact on Business

Recognizing the rising demand for electricity amid intense industry competition and rapid technological advancements, CKPower places a high priority on ensuring system reliability and availability , alongside environmental responsibility, to maintain its credibility and mitigate business risks.
The company continuously enhances production efficiency and carefully plans preventive maintenance to minimize extended downtime and reinforce confidence in its power production system among stakeholders, including suppliers and investors. These strategic initiatives contribute to CKPower’s competitive edge and long-term sustainable growth.

Challenges and Opportunities

Reliable and sustainable renewable energy production plays a vital role in fostering CKPower’s growth, especially with the increasing demand for green energy and fast-paced technological advancements, intensifying competition in the industry. . Producers capable of maintaining system reliability and availability gain a competitive advantage in building market confidence. To this end, CKPower emphasizes continuous system enhancements, innovation management, and the adoption of advanced technologies while strategically expanding its renewable energy portfolio in Thailand and across ASEAN. CKPower’s investment strategy focuses on renewable energy projects that minimize environmental impact, optimize resource efficiency, and support the global energy transition. These initiatives contribute to energy security, align with societal expectations, and drive long-term sustainable growth.

Commitment

CKPower is committed to ensuring the reliability and availability of its power generation systems. The company has established clear operational protocols, optimized power transmission systems, and implemented customized preventive maintenance plans for each power plant to reduce system disruption risks.

Additionally, CKPower continuously strengthens the expertise of its personnel through specialized training and expertise development to enhance their operational efficiency. The company also actively minimizes environmental impacts by implementing pollution reduction measures and optimizing resource use. These efforts align with CKPower’s sustainable development goals and its long-term commitment to creating value for stakeholders.

Operational Guidelines

CKPower upholds the stability and reliability of its power production and distribution systems through the following initiatives:

Investment in advanced technologies
CKPower invests in cutting-edge power plant technologies to ensure efficient, uninterrupted power distribution while minimizing environmental impact.
Prudent cost management
Cost management is implemented across all processes, supporting sustainable development in all dimensions.
People capability enhancement
The Company organizes engineering and resource management training for personnel at all levels. Employees are encouraged to enhance operational systems and drive innovation for greater efficiency.
Preventive maintenance
CKPower systematically plans annual maintenance and ensures the availability of backup equipment and critical spare parts to support efficient maintenance operations.
Compliance with International Standards: ISO 9001:2015
All operational processes are aligned with ISO 9001:2015 and other quality management systems to ensure reliability and efficiency in power production and distribution.
2024 Performance
Total Installed Capacity
Total installed capacity
3,640
MW
93% from renewable sources
3,402
MW
Total Energy Generated
Total Energy generated
8.8
million MWh
Avoided GHG Emissions
Avoided GHG emissions: Over
4.4
million tCO2e/year
Clean Electricity Generation
Supporting energy transition with a focus on clean and sustainable power generation Clean
electricity

Actions Across All Production Dimensions

Annual Energy Production and Distribution Planning
Regular System Audits and Compliance with International Standards

Systematic planning considering customer demands and efficient resource utilization to optimize efficiency and reliability.

Scheduled system audits are performed by experts in accordance with international standards to uphold quality and safety.

Power Plant Performance Monitoring and Evaluation
Proactive Preventive Maintenance for Long-Term Reliability

Operational analysis is conducted to assess efficiency and identify areas for system improvements to ensure sustainability.

Regular maintenance plans are established to reduce system disruption risks and extend equipment lifespan.

Electricity Transmission System Enhancements
Employee Development and Knowledge Sharing

Advanced technologies and innovations are integrated to improve transmission efficiency, minimize energy loss, and accommodate rising energy demands

A culture of continuous learning and sustainability excellence is cultivated through training programs and knowledge-sharing initiatives.

Crisis Management

CKPower prioritizes systematic and efficient crisis management, to ensure the continuity of operations, reliable power production, and stakeholder confidence. A business continuity management policy has been implemented to maintain smooth and stable operations across all power plants.

Crisis Management Guidelines
  • Comprehensive emergency response manual development

    CKPower has developed an emergency response manual covering critical scenarios, including fires, floods, climate change risks, chemical spills, earthquakes, and landslides, as well as potential power plant safety issues, to enable prompt and effective response to emergencies.

  • Emergency response training and drills

    Annual emergency response training and drills are conducted annually to enhance personnel readiness at all levels in dealing with unexpected incidents.

  • Risk assessment and impact mitigation planning

    CKPower conducts annual climate risk analysis and assessment and plans proactive mitigation measures to address potential risks.

  • Infrastructure improvements for crisis preparedness

    The Company improves its power plant infrastructure to to ensure operational resilience, including the installation of real-time monitoring and measurement systems to manage flood conditions.

  • Proactive safety management

    CKPower’s engineers and safety experts continuously monitor and maintain safety systems, ensuring the stability and security of operations, even during a crisis.

These comprehensive crisis management measures reduce operational risks, reinforce long-term stakeholder confidence, and elevate CKPower’s industry leadership in sustainable and secure power generation.

Crisis Management

CKPower prioritizes systematic crisis management and has developed a comprehensive emergency response plan, structured into the following five key steps:

  1. Mitigation
    • Establishment of an Emergency Response Team (ERT) : A dedicated team is appointed to manage emergency situations.
    • Risk assessment and severity analysis to categorize potential emergencies and prioritize response procedures.
    • Development of an Emergency Action Plan (EAP): Response protocols are devised for each severity level, including implementation methods
  2. Preparedness: To ensure effective plan implementation, CKPower implements the following measures:
    • Plan preparation, review and approval
    • Regular simulation drills to ensure confidence
  3. Response: During emergencies, the Emergency Response Team operates according to pre-established protocols with clearly defined roles:
    • Director: Oversees management and command.
    • Response team: Controls the situation and executes emergency operations.
    • Communication controller: Manages internal and external communications.
    • Support teams : Comprise evacuation leaders, first aid responders, and relocation teams.
  4. Recovery: Once the emergency has been resolved, CKPower implements recovery measures to restore normal operations:
    • Restoration of Affected Assets and Systems: The company ensures the rapid recovery of infrastructure and operational capabilities.
  5. Prevention: To minimize future emergency incidents, CKPower proactively enforces the following:
    • Regular Inspections: Emergency equipment, including tools and communication systems, is inspected to maintain readiness.
    • Assignment of Responsibility: Designated personnel are responsible for ensuring the operational readiness of emergency response equipment and systems.

This proactive crisis management framework ensures operational resilience, safety, and reliability, reinforcing CKPower’s commitment to business continuity and risk mitigation.

Long-term targets, 2024 targets, and 2024 achievements

System Reliability and Availability
System Reliability and Availability
Long-term Targets
Total renewable energy generated
8.8
million MWh
Average plant availability factor
>90%
Number of power outages
(planned and unplanned)
≤2
times per year
2024 Targets 2024 Achievements
Total renewable energy generated
>8.0
million MWh
8.8
million MWh
Average plant availability factor
>90.0%
90.3%
Number of power outages
(planned and unplanned)
≤2
times per year
3*
times per year

Remark: *In 2024, the Xayaburi Hydroelectric Power Plant experienced two unplanned power outages in August and one unplanned power outages in September due to a high flow emergency.

Key Highlight activities at each power plant in 2024

The Xayaburi Hydroelectric Power Plant actively monitors climate conditions and rigorously assesses risks that may impact its operations. In 2024, the following key initiatives were undertaken.

  1. Monitoring and response planning: The power plant formulated action plans and closely monitored the situation using the SCADA (Supervisory Control and Data Acquisition) system, which enabled real-time data collection and operational status monitoring for continuous and efficient power generation.
  2. Performance assessment and monitoring through key indicators: Plant operations were continuously tracked and assessed based on two key indicators: plant performance ratio for performance measurement and annual maintenance performance for equipment availability and capability monitoring.
  3. Annual testing: The Xayaburi Hydroelectric Power Plant conducted annual testing under the Power Purchase Agreement (PPA) and Contracted Operating Characteristics (COC) requirements during November 3-6, 2024. The rigorous testing covered all critical aspects specified in the PPA and was successfully completed within the planned timeframe, reinforcing the plant’s commitment to maintaining operational standards and power generation reliability.

    Annual test Activities during 3-6 November 2024 at Xayaburi Hydroelectric Power Plant

  4. High flow emergency response and community support: In August and September 2024, the power plant encountered high flow emergencies due to heavy rainfall triggered by Yagi and Soulik storms, coupled with water releases from upstream dams, which significantly impacted water levels in the plant area. In response, the plant activated its emergency response plan to effectively mitigate risks and support surrounding communities. Key measures taken included: In August and September 2024, the power plant encountered high flow emergencies due to heavy rainfall triggered by Yagi and Soulik storms, coupled with water releases from upstream dams, which significantly impacted water levels in the plant area. In response, the plant activated its emergency response plan to effectively mitigate risks and support surrounding communities. Key measures taken included:
    • Water level alert: Advance warnings were issued to local residents using an efficient communication system, ensuring rapid information dissemination across the community.
    • Evacuation and community assistance: A systematic evacuation and relocation plan was executed for at-risk areas. The plant provided boats and manpower to assist affected communities.
    • Operational Continuity and Impact Mitigation Due to the swift and effective emergency response measures, the plant was able to resume power generation quickly, minimizing disruptions to local communities and the environment while reinforcing confidence in its emergency management capabilities.

      Emergency Response Management Plan – June 18, 2024

CKPower developed the XHPP Inflow Forecasting System (2024) in collaboration with DHI A/S (Danish Hydraulic Institute), Denmark. The system integrates a Hydrometeorological Forecasting System (HMFS) with real-time weather conditions and inflow volume data, incorporating advanced mathematical models to enhance forecasting accuracy and decision-making. This newly developed system enables precise simulation of upstream and downstream flow scenarios, allowing for efficient water situation forecasting and improved power generation planning. By enhancing water management capabilities, the system ensures energy production reliability while maintaining environmental and community safety and stability in all situations.

The Nam Ngum 2 Hydroelectric Power Plant implemented comprehensive water management strategies to ensure uninterrupted and reliable electricity production, fulfilling the Company’s contractual commitments while minimizing environmental impact. Key actions taken are as follows.

  1. Seasonal water management
    • Dry season: Water levels were maintained above designated thresholds to support continuous power generation and ensure operational stability.
    • Rainy season: Proactive floodgate management measures were implemented to prevent unnecessary releases, minimizing potential impacts on local communities and the environment.
  2. Major overhauls

    To enhance operational efficiency and system reliability, major overhauls were conducted for Unit 3 and Unit 1 from November 18, 2023, to February 14, 2024.

    These overhauls:

    • Ensured machinery and equipment efficiency
    • Strengthened system reliability and availability
    • Supported uninterrupted power generation

    Through these strategic improvements, the power plant continues to uphold high performance standards while reinforcing its commitment to sustainability and energy security.

Major Overhaul activities at Unit 3 and Unit 1 of Nam Ngum 2 Hydroelectric Power Plant

Bangpa-in Cogeneration Power Plant collaborated with the Provincial Electricity Authority (PEA) to upgrade the power transmission system within the industrial estate into a closed-loop system, as detailed below:

  • The power plant can transmit electricity through two power stations, enhancing operational flexibility and ensuring continuous power transmission, even when one station undergoes maintenance or experiences malfunctions.
  • This collaboration underscores the power plant’s commitment to energy security, supporting reliable and uninterrupted power supply within industrial estate.

Bangkhenchai Solar Power Plant conducts continuous performance assessment and monitoring using key indicators to enhance power generation efficiency and stability:

  1. Key indicators
    • Plant performance ratio: Measures power generation efficiency.
    • Annual maintenance performance: Evaluates equipment reliability and identifies areas for improvement
  2. Performance monitoring
    • The plant conducts monthly performance evaluations to analyze factors affecting efficiency and implement necessary corrective measures.

The primary goal of Bangkhenchai Solar Power Plant is to enhance the reliability and sustainability of its power generation through efficient operations and strong environmental responsibility.

2024 Performance

In 2024, CKPower implemented initiatives to enhance efficiency and prevent losses in production, including machinery optimization, energy consumption reduction, and reduction of loss in production.:

2024 Performance
Annual Maintenance
Xayaburi Hydroelectric Power Plant Nam Ngum 2 Hydroelectric Power Plant Bangkhenchai Solar Power Plant Bangpa-in Cogeneration Power Plant
Targets of the total maintenance
100%
100%
100%
100%
Achievements Completed of the total maintained items
100%
100%
100%
100%
Execution of annual production and distribution plans
As outlined
As outlined
As outlined
As outlined
Performance Ratio
As outlined
As outlined
As outlined
As outlined

Remark: *Nam Ngum 2 Hydroelectric Power Plant underwent a planned major overhaul, which began from November 18, 2023 and was scheduled to be completed by February 14, 2024

Hydropower Solar Power Cogeneration (Electricity) Cogeneration (Steam)
Install Capacities
3,360
MW
35
MW
237.5
MW
40
MW
Total energy generated
8,779,731.69
MWh
21,831.38
MWh
1,600,269.31
MWh
57,445.51
MWh
2024 Performance
Customer Satisfaction Survey
Xayaburi Hydroelectric Power Plant Nam Ngum 2 Hydroelectric Power Plant Bangkhenchai Solar Power Plant Bangpa-in Cogeneration Power Plant
Percentage of customers satisfaction surveys in 2024
100%
100%
100%
100%
Satisfaction rate in 2024
92.50%
98.33%
96.00%
99.10%
System Everage Interruption Duration Index
Xayaburi Hydroelectric Power Plant Nam Ngum 2 Hydroelectric Power Plant Bangkhenchai Solar Power Plant Bangpa-in Cogeneration Power Plant
SAIF
0.13
0
0
0
SAIDI
15.35
0
0
0
CAIDI
408.00
0
53.62
0