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CEM hosts the 9th Guangdong, Hong Kong and Macau Power Industry Summit

The 9th “Guangdong, Hong Kong and Macau Power Industry Summit” took place at JW Marriott Hotel Macau on 9 July. The Summit is hosted by China Southern Power Grid Company Limited (CSG), CLP Holdings Limited (CLP) and Companhia de Electricidade de Macau – CEM. S.A. (CEM) in turns. The 1st Summit was held in Macau in 2011. Later in 2012, China General Nuclear Power Corporation (CGN) joined the Summit to further expand the representativeness of the event. The Summit has played an important role in the cooperation between power industries of Guangdong, Hong Kong and Macau. In the past nine years, the four companies in three regions have deepened cooperation and achieved fruitful results. The Summit has a positive effect on boosting the development and maintaining close cooperation of the power companies in the three regions.

This year’s Summit was themed on “A New Start for Cooperative Development”, discussing the development opportunities and energy system of Guangdong-Hong Kong-Macau Greater Bay Area. The Opening Ceremony Officiating Guests include: Zhu Hong, Deputy Director of the Economic Affairs Department of the Liaison Office of the Central People’s Government in the Macau SAR; Horry Hui, Coordinator of the Office for the Development of the Energy Sector of the Macau SAR (GDSE); Rui Martins, Vice Director of University of Macau; Meng Zhenping, Board Chairman of CSG; Richard Lancaster, Chief Executive Officer of CLP; He Yu, Chairman of CGN and Fu Jianguo, Chairman of Board of Directors of CEM.

In his speech, Fu Jianguo said under the support of the Central Government and the efforts of Macau SAR Government, Macau economy has undergone huge economic success and tremendous social changes since the return to China 20 years ago. Power supply is the cornerstone of urbanization and economic development. As a power company deeply rooted in Macau with a sole concession, CEM has overcome various challenges with the rapid development of Macau, moved forward with heavy burdens. In terms of power stability, CEM always maintained above “five 9s” level. In 2018, the supply reliability reached a world-class level of 99.9998%.

Fu Jianguo also stated that economic development is inseparable from energy supply. To develop the Greater Bay Area to a world-class hub and a world-class city cluster requires a clean, low-carbon, safe and efficient energy supply. CEM will keep pace with the new times and tie in with the development strategy of the Greater Bay Area. It is the responsibility of and an opportunity for CEM to guarantee clean, low-carbon, safe and efficient power as well as support city development in the Greater Bay Area. CEM will give full play to its expertise and technical and management advantages to contribute to the construction of the Greater Bay Area with authorization and support from, alsoin accordance with the policies, of the Macau SAR Government, striving for new achievement and making new contributions in the new era.

The three keynote speakers shared information on the development of the Greater Bay Area and other international bay areas at the Summit to inspire and guide the attendees to take part in in-depth discussion. CEM invited Mr. Alan Yu, Senior Fellow and Director of International Climate Policy of Center For American Progress, to share with the attendees about "U.S. Power Sector Transformation as the Climate Changes" and introduce the U.S. energy policies and structure of the transmission and distribution network. He took the San Francisco Bay Area as an example and analyzed its development and characteristics.

CGN invited Mr. Cao Dahua, Executive Deputy Director-General of the Office of the Leading Group on Construction of Guangdong-Hong Kong-Macau Greater Bay Area and Deputy Director-General of the Development and Reform Commission of Guangdong Province, to introduce his report titled “Make Joint Efforts and Take on the Mission to Promote High-Quality Development of the Greater Bay Area”. Wang Zhiyong, Deputy Director General of Strategy and Planning Department of CSG, delivered a keynote speech titled “A Study of Medium and Long-term Power Development in the Guangdong-Hong Kong-Macau Greater Bay Area”.

Other senior representatives attended the Summit include Bi Yaxiong, Vice President of CSG; Tang Hongjian, Board Chairman of CSG International Company; Betty Yuen, Group Director & Vice Chairman of CLP; Shi Bing, Senior Vice President of CGN; Bernie Leong, Chairman of CEM Executive Committee, Shi Yulin, Executive Director of CEM; Benjamin Yue, Principal Advisor to CEM Executive Committee, and more.

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