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- Most important Government actions to promote renewable energies (direct subsidies, environment taxation, R&D support, legislation, regulations, business development, etc.) To date, encouragements for renewable energy have been through limited R&D support only. A number of small university projects have been funded by various government schemes. The universities initiated these projects. Earlier this year, a CLP Research 48kW solar power project (see case study) was funded by the government Innovation & Technology Fund. However, another project for 200kW of residential solar power did not get funded. It is expected that other forms of support, together with added R&D support specific to renewables, will follow from the current renewable energy study being done by the government (see last item). - Degree of liberalisation in the energy markets in reference (role of utilities, free access for investors to engage in renewable energy projects etc.) The Hong Kong electricity market has operated under a regulated scheme of control for over 30 years. This scheme does not include incentives for power companies to provide grid access to, or to buy power from, or to invest in renewable energy sources. Some potential renewables players in the community see grid connection and third party power sales as key hurdles for renewable energy development in Hong Kong. CLP Power has however taken the initiative in opening up discussions with government on this topic. (As mentioned above.) - Indication of price level of electricity and petroleum products at end users (household, industry) Continued pressure on energy tariffs from government and public is eroding utilities ability to raise prices. Future pressure from Mainland China suppliers to deliver lower priced electricity may exacerbate this, although the Hong Kong government is well aware of the environmental impacts of ‘cheaper’ mainland electricity. The government will likely only allow ‘clean energy’ sources to compete in Hong Kong. Therefore, the Hong Kong government, CLP Research, and the Hong Kong gas utility are actively researching other distributed energy products like fuel cell cogen plants. - Most important renewable energy resource to meet energy demand, as seen by your national government and or company Renewable energy is not considered as a major contributor, and cannot supply Hong Kong’s needs unless such energy is imported from Mainland China. Such an import could take several decades given China’s own demands and time to establish renewable resources. With both Hong Kong utilities moving to gas fired plant (CLP Power since the mid 90’s), and the eventual retirement of coal-fired plants, it is possible that a substantial electricity supply in future will come from Mainland China with local wind, solar thermal/BIPV, waste-to-energy, and other power schemes providing clean power locally. - National capacity to develop domestic industry in the renewable area (competence, industry base, existing infrastructure, capital etc.) in your own country or in any other country you/your company is familiar with. The potential exists in Hong Kong, despite current lack of renewable energy developments. A number of small local enterprises, driven by young energetic professionals, have been established for renewable energy development. Given the increasing local awareness of environmental issues and renewables, there is a fair chance that Hong Kong’s domestic industry could develop. The Hong Kong government would likely support this with appropriate industrial and innovation funding.PDF Image | Organisations in Different Renewables
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