Top 10 Thermal Power Plant Operators in the World in 2021 by Capacity
China Huaneng Group Co Ltd, China Energy Investment Corp Ltd, China Datang Corp, Saudi Electricity Co, and Korea Electric Power Corp Ltd are the top 5 thermal power plant operators in the world in 2021 by capacity. Comprehensively, the top 10 thermal power plant operators in the world in 2021 had a total active capacity of 618,673MW, amongst which China Huaneng Group Co Ltd was the highest (110,527 MW), followed by China Energy Investment Corp Ltd (72,615MW), and China Datang Corp (69,758MW), while Duke Energy Corp was the lowest (42,388MW). In terms of the geographical split, 7 out of 10 of the world's top thermal power plant operators are based in Asia, and the remaining companies are based in North America and Africa. They employed a total of 643,654 people in 2021. China-based China Huaneng Group Co Ltd is the leading thermal power plant operator in the world in 2021 by capacity. It is a state-owned power generation company. It invests, develops, constructs operate, and manages power sources in China. The company develops coal-fired, hydro, wind, solar, nuclear, and natural gas-fired power projects. CHNG is also involved in the development, investment, construction, production, and sale of products related to energy transportation, finance, renewable energy and environmental protection, and industrial investment, operation, and management activities The company manages wholly owned power plants with a total installed capacity of about 165 GW with assets distributed in China and overseas. Korea Electric Power Corp (KEPCO) is another leading thermal power plant operator in the world in 2021 by capacity. The company reported revenues of $52,945 million for the fiscal year ended December 2021 (FY2021), an increase of 3.4% over the previous year. KEPCO is an integrated electric utility, which generates, transmits, and distributes electricity, and develops electric power sources. It also provides power plant construction services. The company owns nearly 64.9% of the entire electricity generation capacity in South Korea (exclusive of plants generating electricity for emergency or private use).