Currently, there are nonuclear power plants in Hong Kong. However, aHong Kong company,Hong Kong Nuclear Investment Company (HKNIC), owns 25% share inDaya Bay Nuclear Power Plant inGuangdong. About 80%[1] of the power plant electricity output is supplied to Hong Kong by their electric utility companyChina Light and Power Co., Ltd. (CLP) to meet the electricity demand in Hong Kong.[2]
Hong Kong currently imports electricity fromMainland China from theDaya Bay Nuclear Power Plant inGuangdong since 1994.The agreement of electricity import lasts until 2034.[citation needed]CLP will also import 17% of electricity from the plannedYangjiang Nuclear Power Station in Guangdong by 2017 under the agreement withChina Guangdong Nuclear Power Company.[citation needed]
To reduce thecarbon dioxide emission in Hong Kong, new coal-fired power plants have not been allowed to be built anymore since 1997. Thegovernment of Hong Kong have been trying to boost the share ofrenewable energy, natural gas andnuclear energy for power generation in Hong Kong. The current existing coal-fired power plants will be kept on low utilization asreserve.
The government itself plan to cut carbon emission up to 50-60% from the current emission by 2020 by gradually replacing coal-based power generation with more nuclear power and othergreen energy.[3]
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