ValueCreation

HOW WE CREATE VALUE

At CLP, we utilise various inputs to create value for shareholders, customers, employees and the wider community.

INPUTS USED
Financing Financing
  • Shareholders’ funds of HK$104,055 million
  • Total borrowings* of HK$61,271 million
* excluding perpetual capital securities of HK$3,883 million

Risks

  • Financial risk
  • Market and commercial risk
Resources and infrastructure Resources and infrastructure
  • Generation and energy storage capacity of 17,893 equity MW
  • Long-term capacity and energy purchase agreements of 4,689MW
  • 260,615TJ of coal and 151,371TJ of gas consumed
  • Transmission and high voltage distribution lines of over 17,000 km
  • 16,009 primary and secondary substations in Hong Kong

Risks

  • Operational risk
  • Market and commercial risk
  • Transformation risk
Talent and expertise Talent and expertise
  • 15,111 employees and contractors in our total workforce

Risks

  • Operational risk
  • Transformation risk
Technology Technology
  • Strengthened technological capabilities to develop Energy-as-a-Service business model
  • Digitalisation of operations
  • Investments in technology companies and funds
  • Partnerships with innovation accelerators

Risks

  • Operational risk
  • Transformation risk
WHAT WE DO

We operate in different parts of the energy value chain in each of the markets we are in, tailoring our solutions based on the local context.

Generation
Generation
Transmission
Transmission
Distribution
Distribution
  • Procure adequate and appropriate fuels and energy resources from diversified sources
  • Design, build, operate and invest in centralised and decentralised generation facilities with increasing deployment of low-carbon energy sources
  • Design, build, operate and enhance transmission networks to facilitate integration of more clean energy into the grid
  • Design, build and operate distribution networks
  • Integrate distributed energy resources into the grid
Energy orchestration
  • Develop and deploy customer-oriented, technology-enabled energy services that help customers become active participants of a power system
  • Widen and deepen customer relationships as an energy orchestrator to enable decarbonisation, electrification, energy efficiency and management, decentralised generation and storage
NEW TECHNOLOGIES AND DIGITAL APPLICATIONS
NEW TECHNOLOGIES AND DIGITAL APPLICATIONS
  • Data analytics, artificial intelligence and Internet of Things (IoT) facilitate flexibility of entire energy system
  • Enable dynamic system balancing that integrates centralised and decentralised generation, and balances demand against different generation profiles to optimise cost efficiency, reliability and environmental performance
  • Enable delivery of smarter and greener energy products and services
OUTPUTS
Competitive funding and attractive financial returns
  • Total dividends of HK$7,958 million to shareholders
  • Solid liquidity position with access to cost-effective sources of sustainable financing
Reliable, reasonably priced and low-carbon electricity supply and sustainable energy solutions
  • World-class supply reliability of 99.999% in Hong Kong
  • Managed electricity tariff adjustment through prudent cost controls and diversified fuel supply
  • Greenhouse gas emissions intensity decreased to 0.53kg CO2e per kilowatt hour
  • Diversified solutions to help customers decarbonise
Safe workplace and career progression
  • New health, safety and environment strategy for 2025-2027 to further uplift capability and enhance performance
  • 883 new recruits in core markets of Hong Kong and Mainland China
  • 42.7 hours of internal and external training and development per employee on average
  • Staff expenses of HK$5,150 million
Contribution to policy, business and economic development
  • Current income tax of HK$1,963 million
  • Operating costs of HK$61,628 million
  • Supporting national- to city-level policymaking on energy transition
Positive social impact / climate action conscious
  • Donations of HK$7 million
  • Continued initiatives under CLP Community Energy Saving Fund to support people in need and improve energy efficiency