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HONG KONG is pushing to boost electricity imports from the Chinese mainland to reduce pollution and the dominance of two local utilities backed by powerful families, said industry experts who have been involved in consultations with the government.
Ageing coal-fired plants, which supply over half of the city’s electricity, are due to be shut down by 2017 and Hong Kong is weighing whether to more than double its mainland imports or nearly triple the use of natural gas in local power generation to meet 60 percent of its power needs.
The Hong Kong government recently wrapped up three months’ of public consultations and is expected to make a decision this year.
Some of those involved in the discussions between officials, power executives and other stakeholders said the government was leaning towards the import option. Officials from the Environment Bureau, Hong Kong’s energy policymaker, discussed at length the advantages of what they called the “grid purchase” option, while highlighting the downside of the so-called “local generation” option, the people said.
Plugging Hong Kong into the Chinese mainland grid would create competition for the city’s dominant local utilities — CLP Holdings, backed by the wealthy Kadoorie family, and billionaire Li Ka-shing’s Power Assets Holdings.
Hong Kong already meets over a fifth of its electricity demand via a dedicated line from the Daya Bay Nuclear Power Station in Guangdong. Hong Kong’s grid is not interconnected with China Southern Power Grid (CSPG), which supplies electricity to Guangdong and four other southern provinces. (Source: Shenzhen Daily Date: July 24, 2014)
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