Future Fuel Mix for Electricity Generation in Hong Kong: Information Session 1
Energy, Environment & Sustainability
First 15-20 minutes is for networking Sandwiches and beverages included
Hosted by the Energy and Environment Committees
In March 2014, the Environment Bureau released a public consultation on the future fuel mix for electricity generation in Hong Kong. To enable AmCham members to understand this important subject from different perspectives, two Information Sessions are organized.
In this Session 1, Dr. Kevin Tsui from The Hong Kong University of Science and Technology and Mr. Mike Thomas from The Lantau Group are invited as the guest speakers.
Information Session 2 is scheduled on 4 June 2014 (Wed). Two guest speakers from the power companies in Hong Kong are invited to sharing their views.
Dr. Kevin Tsui will introduce the three Ambiguities of the Fuel Mix Options for Hong Kong. Balancing the 'Energy Triemma" involves trade-offs among (1) energy security, (2) energy equity, and (3) environmental sustainability.
A choice between the two fuel mix options (namely, grid purchase vs. local generation) recently proposed by the government, however, fails to address these trade-offs. First, the public consultation fails to articulate whether the goal of improving future fuel mix is to tackle local or global environmental problems. Second, 'grid purchase" is simply not a fuel, and hence its impact on environmental sustainability is at best ambiguous. Finally, most important of all to our business community, energy security requires reliability in electricity supply, and the 2011 power crisis in Southern China highlights there is still a significant reliability gap in electricity supply between Hong Kong and mainland China. Given the estimated cost of the two options are similar, the question is why should we pay similar prices for something with no obvious environmental benefit but less reliable?
Mr. Mike Thomas will explain why focusing on fuel mix is the wrong thing to do.
The American Chamber of Commerce in HK 1904 Bank of America Tower 12 Harcourt Road Central, Hong Kong