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Power Assets: High Price, but good service

出自香港新聞網 - 樹仁新傳系學生實習習作

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Power Assets: High Price, but good service


A spokesman of Power Assets Holdings Ltd. said that the electric bill for power's increase recently was inevitable, as they do not operate the same type of system as the CLP Holdings Limited.


Fion Au


Because of a faster growth in earnings from other markets, Power Assets had announced making 47% in half-year profit. However, the electric bill is growing with unreasonable prices, compared to CLP. “The size of Power Assets is different from CLP, we are only about one-third the size of CLP,” Esme Lau, Public Affairs Manager (Media & Community) for Power Assets Holdings Ltd., explained.


Power Assets Holdings Ltd. supplies power to Hong Kong Island and Lamma Island, while Hong Kong’s largest vertically-integrated electricity producer CLP Holdings supplies power to the New Territories and Kowloon.


There are many differences between Power Assets and CLP in many aspects, such as physical size. “The methods of electricity generation and power supply are differenct too. The fuel as well. The charges are different, just like the different prices between the premises of Hong Kong Island and Kowloon,” Lau added.

Lau explained that Power Assets delivers electricity to the public’s premises primarily through underground cables. Occasionally overhead lines, such as in South District on Hong Kong Island, are used. Thus, the cost and maintenance fees are much higher. As a result, their customers may need to bare higher prices.


“The price and the quality of service are in direct proportion. The high price is value for money,” Lau said. “If there is disruption of electricity supply on Hong Kong Island, it may be blocked only one minute.”


“CLP is mainly using nuclear energy to generate power, so their costs can be lower, compared with Power Assets,” Lau added. However, Power Assets does not have any plans on developing a nuclear power plant at this stage. Although the technology of using nuclear power is feasible and safe, the public still worries about this issue. “Because of the Fukushima nuclear crisis in March, some people have doubts about safety.”


“But the company has made an effort to reduce emissions, wastes and discharges from operations.” Power Assets Holdings Ltd. uses electrostatic precipitators, which could remove nearly 99% of particulates in the flue gas. [Lau does not use the precipitators, the company does.] Also, she introduced Hong Kong’s first commercial-scale wind power station, which has been located on Lamma Island since 2006. [Was the winf power her own, personal project, or something the company did? Is she responsible for it? If she is not, then she didn't introduce it.] It allows Power Assets to generate renewable energy. Both can achieve the goal of minimizing the impact on the environment.


Power Assets Holdings Ltd., Hong Kong’s second largest power supplier, changed its brand name in February of this year. It presented itself beyond Hong Kong with “a global investor” image. In fact, it has invested in markets on the mainland, the UK, Thailand, Australia, New Zealand and Canada.

[Great article!]


--105013 2011年10月18日 (二) 23:00 (UTC)
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