Across Europe, countries have reported running low on natural gas to heat homes and power factories as many are phasing out coal.
Thanks to the economic recovery from the Covid-19 pandemic, rising demand for gas has depleted stocks, which are not being refilled ahead of winter.
The energy crunch is spreading across the globe. Not to Hong Kong, though.
Here, whatever you say about the city, its power supply is safe and reliable as ever, indeed one of the most dependable of any developed economy.
The much criticised scheme of control, a colonial-era contractual scheme that guarantees annual profits for CLP Power and HK Electric, the main power suppliers, has proven its worth.
To be sure, people pay a bit more during normal times, but it’s at times like these that they get a secure, stable supply and steady pricing.
Hong Kong’s energy mix is roughly 50 per cent coal, 27 per cent natural gas, 11 per cent nuclear and 7 per cent oil and renewables.
Greens have been up in arms about the mix. Yes, we are still polluting with coal, but this energy mix, environmentally friendly or not, works for the city in terms of safety and reliability.
For once, the infamous inertia of government bureaucrats actually works for the city.
Except for nuclear power, which draws on 80 per cent of the capacity of the Daya Bay nuclear plant on the mainland, we have kept our power grids separate and did not invite mainland power providers into the local market.
Imagine if some busybody bureaucrats had done that; yes, there were talks.
In the coming season, there won’t be empty shelves in stores, long queues at the pumps, or the need for candles to light your home. Maybe now and then, despite all the recent turmoil, people should count their blessings, such as not having to freeze in winter.