CLP Power

CLP Group (its holding company is CLP Holdings Ltd) is an electricity company in Hong Kong with businesses in a number of Asian markets and Australia. Incorporated in 1901 as China Light & Power Company Syndicate, its core business remains electricity generation, transmission, and retailing.

CLP tariff rise cannot be justified

CLP Power has announced a tariff hike of 3.9 per cent from next year.

As we prepare to greet the new year, it is almost certain it will bring financial hardship for many, especially with the imminent tariff increases from CLP Power from January 1.

Friday, 20 December, 2013, 4:02am

Green groups demand CLP agree to HK$300m subsidy proposal

Members of Greenpeace set turtle balloons outside CLP headquarters in Hung Hom during protest to request energy saving.

Green groups are calling on electricity supplier CLP Power to dole out HK$300 million in subsidies each year for the next five years to help consumers reduce their energy usage by 1 per cent.

13 Aug 2013 - 9:57am 1 comment

Second West-East Gas Pipeline set to start Hong Kong supplies this summer

The 5,220-kilometre Second West-East Gas Pipeline stretches from Xinjiang Uygur autonomous region in the northwest to northern Guangdong. Photo: Xinhua

It sounds like an engineer's pipe dream - a 9,000-kilometre-long pipeline stretching from Turkmenistan in Central Asia to Hong Kong and bringing energy to the homes of more than 500 million people along the way.

16 Jun 2013 - 4:07am 1 comment

Woeful CLP fails to impress in first quarter

CLP faces dwindling energy demand from local households

Analysts may have expected CLP to report better earnings this year but the power supplier's performance in the first quarter remained dim. Total amount of electricity sold in Hong Kong and on the mainland was down 4.2 per cent to 6,655 gigawatt-hours in the three months to March amid dwindling demand from both local households and Guangdong Power Grid, which turned to rely more on other supply bases.

21 May 2013 - 5:14am

CLP to get huge refund from government after tax appeal win

The city's largest electricity supplier has won an appeal over tax valuations that might involve hundreds of millions of dollars overcharged by the government.

25 Apr 2013 - 4:04am

Hong Kong sees small dip in greenhouse gas emissions

Hong Kong sees small dip in greenhouse gas emissions

Greenhouse gas emissions in Hong Kong have fallen slightly due to a switch to cleaner fuel by power companies, the latest official figures show.

But green groups say there is still room for improvement in the emissions per person and the government should think of more ways of saving energy to bring these down further.

17 Apr 2013 - 4:05am

Public interest must come first in deals with power companies

The Secretary for the Environment, Wong Kam-sing. Photo: Sam Tsang

The financial secretary's latest budget responded, as usual, to public sentiment by offering various "candies" to the people, including another round of electricity subsidies.

19 Mar 2013 - 4:25am

Green group queries CLP Power bonus

A green group has called for a reform of the bonus system which rewards power firms for achieving energy-saving targets under the regulatory regime. The call came after Friends of the Earth found out that CLP Power pocketed an estimated HK$17 million bonus a year under the system set out in the scheme of control.

22 Feb 2013 - 3:44am

Prediction of utilities' natural gas needs may have been too high

Prediction of utilities' natural gas needs may have been too high

Environment officials tried yesterday to ease fears of drastic electricity price increases in the next few years, saying the city might not need to double the amount of natural gas used by 2015 as was previously predicted.

9 Jan 2013 - 5:17am

Public shows way with energy saving

Government can get power companies to save more energy. Photo: David Wong

Friends of the Earth successfully mobilised the public to save 52 million kilowatt-hours (kWh) in three months in our Power Smart contest while Hongkong Electric has failed to save as little as three million kWh.

Secretary for the Environment Wong Kam-sing said that there is not much room for adjustments in the interim review of the Scheme of Control Agreements this year.

7 Jan 2013 - 2:36am

Taxpayers swindled by sweetheart deal with mainland gas company

Taxpayers swindled by sweetheart deal with mainland gas company

I have my misgivings about announcements made in the middle of a holiday season when no-one is looking. I have them in this case because the extra cost to consumers could amount to tens of billions of dollars relative to the deal CLP might have had.

6 Jan 2013 - 2:51am 3 comments

CLP Power to discuss areas to improve during interim review

CLP Power. Photo: Dickson Lee

CLP Power will discuss with the government during the upcoming interim review of its regulatory regime this year areas in which the power firm can improve, it said yesterday.

4 Jan 2013 - 3:30am

Talking points

Chief Executive Leung Chun-ying

Thousands march against C.Y. Leung

1 Jan 2013 - 4:08am

Hongkong Electric fails to meet energy-saving target

Frances Yeung protests outside HK Electric. Photo: SCMP

Hongkong Electric has failed by a big margin to reach an annual energy savings target set four years ago in its agreement with the government, bringing calls by a green group for penalties.

1 Jan 2013 - 4:20am

More want powerhouses to face tighter regulations: Greenpeace poll

A phone poll by Greenpeace found that 80 per cent of respondents believe the government should tighten its regulations on CLP Power and Hongkong Electric.

The pool of those who support the use of renewable energy and who believe the government should tighten regulations on the two power companies has doubled in the last ten years, a green group survey shows.

31 Dec 2012 - 5:35am 2 comments