Hong Kong s largest electricity utility, CLP Holdings Ltd., is actively
seeking wind energy and hydro power projects in China, India and other
Asian countries to beat its renewable energy target. The power firm, which generates about half of its energy by coal with
the balance from nuclear power and gas, promised to generate 5 percent
of energy from renewable sources by the end of the decade, compared with
1.7 percent now, said Chan Ka Keung, managing director at CLP s
renewable sector.
CLP, Asias fifth most valuable utilities firm, is planning to build an
offshore wind farm of 180 megawatts (MW) with partner Wind Prospect off
Hong Kongs Ninepin Island, the largest of its kind in the Asia Pacific
region.
"Our mission is to be a leading renewable energy player in the entire
Asia Pacific," Chan told Reuters in an interview.
Like many investors in the renewable sector, CLP is looking at markets
with favourable and clear government policies, such as China, Australia
and India.
China aims to get 15 percent of its energy from renewable sources by
2020 and have 30 gigawatts of installed wind power capacity by that time.
CLP has so far invested in a hydro-power plant and five wind power
projects in China. Taking into account its two wind farms in Australia,
the companys equity share in renewable energy accounts for
approximately 205 megawatts of the projects total output.
"We have approximately 500 mw and above in the entire Asia Pacific in
the pipeline," said Chan.
Its newly completed 27 mw wind farm in Changdao, in Chinas eastern
province of Shandong, with turbines of 850 kilowatts. "They are very
tall infrastructures, approximately 70-80 meters tall or at least 30 to
40 storeys high," Chan said.
About 1.7 percent of the companys energy is now generated by renewable
sources, up from 0.5 percent in 2004. The company had total generating
capacity of about 17,000 mw in Hong Kong and overseas markets by the end
of 2005.
The company is also actively looking at projects in India due to the
countrys transparent renewable system.
"The tariff is very clear and the (Indian) government will give a lot of
tax incentives to encourage people to make investments in the sector,"
he said.
With it is base in Hong Kong, CLP Energy is also looking at possible
alternative energy sources beyond the thermal power.
"Hydro is out of question since Hong Kong has no major river and we do
not have a vast area to build solar panel," Chan said.
"Apparently wind power will be the only option in Hong Kong."
CLP has embarked on a feasibility study and will start collecting wind
data next year for its proposed wind farm in the city. Construction is
expected to start in 2010/2011, the earliest.
The designated site at about 9 kilometers off the city s scenic spot of
Sai Kung would have about 60 turbines of 3 mw each. "You probably will
not see the turbines on shore due to air pollution," Chan added.
The proposed offshore wind farm could support power usage by 80,000
households of 4 members each, equivalent to about one percent of Hong
Kongs existing power production. (US$1=HK$7.8)
(Por Alison Leung,
Planet Ark, 10/07/2006)