CLP Holdings Limited (CLP) hosted the 11th Guangdong, Hong Kong and Macau Power Industry Summit with the theme 'Embrace Opportunities in Decarbonisation and the Greater Bay Area' in Hong Kong from 31 May to 2 June.
Around 80 senior executives from CLP, China Southern Power Grid Co., Ltd., Companhia de Electricidade de Macau - CEM, S.A. and China General Nuclear Power Group attended the three-day summit which promoted the growth of the regional power industry and its role in the development of the Greater Bay Area and efforts to achieve national goals of carbon peaking and carbon neutrality.
CLP invited speakers from the business sector as well as experts and academics from the power industry to share views on topics including contributing to the national decarbonisation goal, regional decarbonisation, the development of green energy technologies, green finance, energy research and development in the Greater Bay Area, and digitalisation of the power system. Speakers also interacted with power industry representatives at panel discussion sessions. CLP Holdings Chief Executive Officer Mr Richard Lancaster said, 'three years of the pandemic might have seemed long, but it was only fleeting when compared to the longer term threats of climate change. As key players in the energy industry, our urgent actions are critical because time is running out and we have a task of unimaginable scale. That is why this summit is so important, allowing us to build lasting partnerships and lifelong friendships as we navigate a challenging but rewarding way forward.' The four companies also unveiled the 11th Guangdong, Hong Kong and Macau Power Industry Summit Manifesto, committing themselves to enhance cooperation in areas such as power supply, the promotion of sustainable development of new energy and energy storage systems, and building a collaborated energy ecosystem in the Greater Bay Area.
They also promised to contribute to the development of the Greater Bay Area, helping it meet carbon peaking and carbon neutrality goals and build a beautiful bay area (please refer to the appendix for the full manifesto). In addition, the companies signed a Framework Agreement on the Emergency Response of Four Power Companies in Three Areas within the Greater Bay Area, strengthening cooperation in the event of emergencies and optimising the response mechanism by enhancing top level coordination, establishing a joint meeting system and a timely reporting mechanism, sharing emergency response resources, and joining forces in handling incidents.
About CLP Group
The CLP Group is one of the largest investor-owned power businesses in Asia Pacific with investments across Hong Kong, Mainland China, Australia, India and Thailand. Hong Kong-listed CLP Holdings Limited is the holding company for the CLP Group, which has a diversified portfolio of generating assets that uses a wide range of fuels including coal, gas, nuclear and renewable sources. Through CLP Power Hong Kong Limited, the Group operates a vertically integrated electricity supply business that provides a highly reliable supply of electricity to 80% of Hong Kong's population. The CLP Group is the largest external investor in the energy sector in Mainland China. The Group's wholly-owned subsidiary EnergyAustralia is a leading integrated energy company in Australia, providing gas and electricity to about 2.46 million households and businesses. Apraava Energy, in which CLP has a 50% interest, is one of India's biggest renewable energy producers with operations in power generation and transmission. CLP Holdings is included in the Global Dow - an index of the world's leading blue-chip companies, in addition to sustainability-focused indices including the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific), the Hang Seng Corporate Sustainability Index Series and the FTSE4Good Index series.
In March 2019, China Southern Power Grid Co., Ltd., CLP Holdings Limited, Companhia de Electricidade de Macau - CEM, S.A. and China General Nuclear Power Group along with another 71 enterprises, industry associations and research institutions jointly announced the Manifesto on Power Industry Contributing to the Development of the Greater Bay Area. The manifesto was announced in Beijing right after the Outline Development Plan for the Guangdong-Hong KongMacao Greater Bay Area was unveiled. Four Power Companies in Three Areas had pragmatic exchanges and cooperation over the past four years to ensure a reliable power supply, promote green development and advance digital transformation. Remarkable results were achieved with the four companies contributing to build a world-class and internationally competitive Greater Bay Area. The Greater Bay Area is embracing new opportunities in the new era. To continue and deepen the 2019 manifesto, the four power companies have released the 11th Guangdong, Hong Kong and Macau Power Industry Summit Manifesto, pledging to help the Greater Bay Area achieve its dual carbon goals and marking the successful conclusion of the summit:
Contact:
Tel: (852) 2678 8228
CLP HOLDINGS LIMITED 
