Reforming Hong Kong`s Electricity Market to Encourage the Use of

Reforming Hong Kong’s Electricity
Market to Encourage the Use of
Renewable Energy
Green Groups’ Joint Statement
Green Groups’ Joint Statement
• Aggressive consumption targets & peak
demand reduction targets with
incentive/penalty scheme for power
• Open up the grid to distributed
generation in order to encourage
development of renewable energy
Barriers to Distributed RE in HK
• Access to the grid is constrained due to
monopoly of two power companies
• No incentives for investment
• Potential is neglected by policy makers
Development Trend
What do We Need?
• Fair terms for grid access (e.g. technical,
financial, legal arrangements)
• Feed-in tariffs
• Direction from the government