Being the change

Against a fast-changing environment, our capability needs to evolve with time to keep pace with technology developments and societal changes.

A tradition of pioneering

We live in a volatile world where changes are happening in unprecedented magnitude and pace. Climate change, technological breakthrough and demographic and social change continue to be the three most influential emerging global trends  for us. To manage the risks and seize the opportunities presented by these changes, we need to innovate at all levels to ensure our sustainability: using technologies to improve process, developing new products and services, and formulating long-term business strategies that prepare ourselves for future trends and customer needs.

Founded in Hong Kong over a century ago, by embracing new ideas and technologies along the way, we have grown to a leading energy service provider in Asia-Pacific. We have taken the lead in investing in advanced power generation technologies available at the time, ventured into new markets and developed up-to-date operational processes and services that could help spearhead our business strategy and growth:

  • In the 1980s, we introduced foreign nuclear power into Mainland China with our investment in Daya Bay Nuclear Power Station, China’s first large-scale commercial nuclear power project
  • In 1996, our Black Point Power Station went on stream and became the first gas-fired power generating plant in Hong Kong.
  • Our Lopburi Solar Farm that came into service in 2012 is Thailand’s first utility scale solar power project.
  • Today, our renewable energy capacity stands at 2,700MW and we are one of the largest foreign investors in wind power in India and Mainland China.

In 2017, given that our core business is to deliver sustainable energy infrastructure to serve current and future generations, SDG9 - Industry, Innovation and Infrastructure was identified as one of four priority SDGs. We have begun to explore potential relevant metrics and targets for SDG9 and will report on them once they have been developed.


Strengths and foresight

We are keenly aware that the industry is constantly evolving and we must continue to seek improvement in our operations and adapt in order to stay ahead of the competition. Over the years, we have internalised the best available and proven technologies that could enhance efficiency and improve our operation performance. We share the view that instead of constantly seeking to reinvent the wheel, we can achieve the best outcomes by combining our expertise with the application of technological advancements.

For example, we have implemented boiler optimisation programmes at our Castle Peak Power Station to help reduce NOx emissions and increase boiler efficiency. We introduced a nine-day load forecast and alert services based on weather modelling, enabling our customers with large air-conditioning loads to reduce their electricity usage and demands.

Such a mindset also helps shape how we plan and implement our investment decisions. As energy investments run for decades, we plan for the long-term, taking into account the changing regulatory requirements and evolving market trends. With our predictions of the future, we are able to make futureproof investments that can stand the test of time and save costly investment down the road. One such example was our decision in 2009 to install flue gas desulphurisation (FGD) technology at our Jhajjar power plant in Haryana, India – a significant investment although the technology was not required by Indian environmental regulations at the time. But by 2017, FGD was no longer an option but rather a standard mandated for coal-fired power plants in India under the country’s new and more stringent emissions regulations.


Our focus areas

We took pride that we have achieved excellence in many areas of our operations. Our supply reliability in Hong Kong is among the best in the world, for instance. The fact we are an established energy company with businesses spanning the entire energy value chain means that we have over the years accumulated a wealth of experience and expertise in what we do. Such capabilities and insights are highly valuable assets for any energy company trying to navigate through today's challenging and ever-changing environment.

The digital age enables the energy landscape to change even faster. Along our innovation journey, we notice three big ideas are shaping the energy sector of the future, and they together support development in several focus areas, as summarised here.

  • Smart Energy Platformintegrates our energy applications into a consolidated ecosystem that will manage data and secure connectivity, provide technology infrastructure and foster innovation by allowing participants and developers to collaborate. For instance, we have been making use of such system to enhance operational efficiency.
  • Big Data – enables an individual to access insights about business performance which in turn drives better, faster and more valuable decision making.
  • Smart City – contributes to enriching the lives of residents and retailers through services such as smart city lighting, community solar energy and smart home controls. Our vision is to become a preferred partner for delivering smart city infrastructure and services in each of the markets and regions where we operate. 

Industry Innovation and Infrastructure In 2017, given that our core business is to deliver sustainable energy infrastructure to serve current and future generations, SDG9 - Industry, Innovation and Infrastructure was identified as one of four priority SDGs. We have begun to explore potential relevant metrics and targets for SDG9 and will report on them once they have been developed.