CLP’s Castle Peak power station. The first four units at the facility are expected to be closed by 2023 under an agreement with the government. Photo: Martin Chan
CLP’s Castle Peak power station. The first four units at the facility are expected to be closed by 2023 under an agreement with the government. Photo: Martin Chan
Business

Climate change: Hong Kong utility CLP scales up zero-emissions goal, says ‘impact on electricity price won’t be as much as people fear’

  • Goals upgrade at CLP comes after Xi tells UN China will not build more new coal power plants abroad
  • A lot of investment is needed, which will impact the price of electricity, but these investments will be spread over 30 years, utility’s CEO says

Topic |   Climate change
Eric Ng
Eric Ng

Updated: 11:10am, 24 Sep, 2021

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CLP’s Castle Peak power station. The first four units at the facility are expected to be closed by 2023 under an agreement with the government. Photo: Martin Chan
CLP’s Castle Peak power station. The first four units at the facility are expected to be closed by 2023 under an agreement with the government. Photo: Martin Chan
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