Hong Kong’s Clean Energy Future Will Be Mostly Nuclear, CLP Says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 06 2024
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Should l Buy ?
Source: Bloomberg
Nuclear Power's Role in Hong Kong: Nuclear power is expected to be the primary source for decarbonizing Hong Kong's energy sector, with plans to import more clean electricity from mainland China to achieve a 60%-70% carbon-free energy goal by 2035.
Reliability of Nuclear Energy: The CEO of Hong Kong's top electricity provider emphasizes that nuclear energy is more stable and reliable compared to intermittent renewable sources like wind and solar, which require additional measures for grid stability.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
