We are committed to decarbonising and digitalising our business to serve our customers across the Asia-Pacific region amid the ongoing energy transition.
We operate a vertically-integrated electricity supply business in Hong Kong – which includes generation, transmission and distribution, and retail – and serve 80 percent of the territory's population. Through our partnership with China Southern Power Grid International (HK) Co., Limited in Castle Peak Power Company Limited (CAPCO), we operate the Castle Peak Power Station, Black Point Power Station, Penny’s Bay Power Station and the landfill gas power generation project at the West New Territories Landfill site. The gross capacity (operation / under construction) totals 8,143MW (as at 31 December 2020). We also import power from Guangdong Daya Bay Nuclear Power Station. In addition, we manage over 16,200 kilometres of transmission and distribution lines and over 15,200 substations.
CLP is regulated by the Scheme of Control Agreement in Hong Kong, which monitors our performance and stipulates our levels of investment and return. The scheme has served Hong Kong well and is a key factor behind the world-class level of reliability, reasonable cost and environmental performance of our electricity supply. We share the community’s concerns about environment, and as such we were early adopters of cleaner fuels. CLP has reduced emissions by more than 85 per cent from the early 1990s, despite a corresponding rise in electricity demand in the same period.
Find out more about CLP Power Hong Kong.
Our generation portfolio in the Mainland includes renewable sources such as hydro, solar and wind, in addition to nuclear energy and coal. As of 31 December 2020, our equity capacity totalled 8,990MW, with operations in 15 provinces, autonomous regions and municipalities. CLP is continuing to pursue growth in renewable energy in Mainland China, while exploring investment opportunities in smart energy businesses to diversify and contribute to the ongoing energy transition, with a particular focus in the Greater Bay Area.
We have taken a number of measures to support the Chinese Government’s efforts to combat climate change and reduce carbon intensity. We will continue to responsibly manage the environmental impact of our projects and operations, and maintain full compliance with all applicable regulations and standards.
Volunteering efforts by CLP staff remains one of our key platforms to engage with local communities, mainly through youth education and environmental awareness activities.
At CLP we believe in sharing our expertise to help develop sound and balanced frameworks for the evolving electric power industry in the Mainland. We are committed to establishing a long-term and sustainable presence in the Mainland for the future.
Find out more about CLP China.
CLP India has a strong portfolio of wind and solar projects, in addition to a supercritical coal-fired power project at Jhajjar in Haryana and a gas-fired plant at Paguthan in Gujurat. As at 31 December 2020, CLP’s total equity generation capacity in India stood at 1,890MW. CLP India also operates a 240-kilometre, intra-state power transmission project in Madhya Pradesh.
In 2018, Caisse de dépôt et placement du Québec (CDPQ) became a strategic shareholder of CLP India, strengthening the business’s ability to pursue new low-carbon investment opportunities.
CLP India is committed to supporting the community, with a focus on addressing health and education challenges, dedicated to improving the quality of life for communities where its assets are located.
CLP India will continue to power India with the highest operational and safety standards, in order to fulfil its pledge to bring light and power to millions in an affordable and sustainable manner.
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CLP has investments in the Ho-Ping Power Station in Taiwan and the Lopburi solar farm in Thailand, with combined equity capacity of 285MW.
Ho-Ping, commissioned in 2002, is 20% owned by CLP. In accordance with Taiwan's law, Ho-Ping will expand its investments in renewable energy.
CLP owns one-third of the Lopburi project in Thailand, the Group’s first utility-scale solar project when the plant achieved full operation in 2012. CLP is continuing to explore potential investment opportunities in renewable energy in Southeast Asia and Taiwan.
CLP gained a foothold in Australia in the beginning of the 2000s. In 2011, we completed the acquisition of energy retailer EnergyAustralia. As one of the country’s leading integrated energy companies, EnergyAustralia operates a balanced portfolio of self-owned generation capacity and capacity purchases underpinned by coal and gas power plants as well as newer energy sources like wind, solar and batteries. As at 31 December 2020, EnergyAustralia's generation and energy storage portfolio including long-term offtake amounted to 5,389MW. EnergyAustralia also serves the electricity and gas needs of 2.45 million customer accounts across Victoria, South Australia, New South Wales, the Australian Capital Territory and Queensland.
Helping communities is important to EnergyAustralia. It has developed strategic partnerships with respected organisations to support the development of sport and the well-being of the communities it serves, helping to improve both local amenities and the environment.
Find out more about EnergyAustralia.