• Wed
  • Nov 26, 2014
  • Updated: 7:34am

Electricity

Indian Supreme Court gives go-ahead for Tamil Nadu nuclear plant

India's Supreme Court has given the green light for the commissioning of the nation's largest nuclear power plant in the southern state of Tamil Nadu, despite widespread protests.

Tuesday, 7 May, 2013, 1:55am

Green activists outraged at Apple Store's after-hours lighting

Empty of customers, the store nevertheless has about 500 lamps and spotlights burning bright on all three floors, the light passing through Apple's signature glass walls onto the pavement.

6 May 2013 - 8:50am 1 comment

How green buildings can help lower price of electricity

This year is proving critical in the shaping of a future electricity market for Hong Kong. While the government will soon review the scheme of control agreements with the city's two power companies, an inter-departmental steering committee has been established to map out strategies for green building development.

30 Apr 2013 - 5:35am 1 comment

Reform of energy policymaking less radical than expected

The State Electricity Regulatory Commission (SERC) will be folded into the National Energy Administration (NEA), the State Council said, as it set aside a proposal for a more dramatic shake-up in the energy sector.

11 Mar 2013 - 6:30am

Offshore operations boost earnings for Power Assets

Turnover grew 2 per cent to HK$10.42 billion, thanks to a 1 per cent increase in the average basic tariff and a 1 per cent gain in unit sales of electricity in Hong Kong, the company said.

7 Mar 2013 - 6:12am

Hong Kong needs to rethink power company's sweet deal

The warning of hefty tariff increases by the city's top energy supplier is a case of déjà vu. After imposing a 5.9 per cent tariff increase early this year, CLP reiterated that electricity prices could rise 40 per cent within a few years, saying the switch to natural gas has pushed up fuel costs. The gloomy picture should not come as a big surprise. The power giant first sounded the warning last year after being forced to cut back its annual increase substantially. The rhetoric is nothing new but it is guaranteed to generate outrage, coming from a monopoly that earned HK$8.3 billion last year.

7 Mar 2013 - 2:35am 7 comments

Electricity subsidy puts our green future at risk

While the Hong Kong people celebrate another electricity subsidy as part of the budget handouts, they might not notice that the real winners are the two big power companies. This so-called "one-off" subsidy has been given out four times since 2008 and amounts to more than HK$18 billion of taxpayers' money.

5 Mar 2013 - 3:59am

Beijing struggling to fulfil its vow to reform power pricing

The effort, first spearheaded by former Premier Zhu Rongji, has been hampered by insufficient political courage to open the market to price competition and let end-user electricity prices reflect the true cost of energy production and distribution, analysts said.

13 Feb 2013 - 5:36am

China Digest, February 12, 2013

Travel agencies in Jiangsu say their business has suffered after the central government waived highway tolls during the Lunar New Year holiday.

12 Feb 2013 - 6:09am

A sure way to empower Myanmar's people and trade

Three out of four people in Myanmar are without reliable access to electricity. No power means that children cannot study at night, people cannot run a business during the day, and clinics cannot refrigerate medicines vital for the population's health. It's time to turn the lights on.

5 Feb 2013 - 6:38am

China electricity meter market ranks high for Echelon joint venture

The mainland's advanced electricity meter market is the world's largest and most attractive, as austerity-induced delays plague tenders in many parts of the world, according to the chief of Echelon, a Silicon Valley-based developer of communication equipment for the power distribution sector.

7 Jan 2013 - 5:57am

Hongkong Electric fails to meet energy-saving target

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

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

Legco and CLP's power struggle is over reputation, not rates

Power firms going to the legislature to table their proposed electricity rates for the next year, after reaching a non-binding consensus with the government, has always been a formality.

They go to the meeting, give a briefing about their tariff plans, get scolded for being too greedy and hiding crucial information, and then walk away with what politicians say is a fat purse.

24 Dec 2012 - 4:58am

CLP Holdings in HK$7.7 billion share offer for investment needs

Hong Kong's largest electricity supplier, CLP, is raising up to HK$7.687 billion through a placement of new shares to fund its investment needs in the city, a term sheet seen by the South China Morning Post shows.

13 Dec 2012 - 4:57am

Pages