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***FULL*** Joint Chamber Luncheon: Hong Kong’s Fuel Choice: Today’s Vision for A Decade and Beyond
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***FULL*** Joint Chamber Luncheon: Hong Kong’s Fuel Choice: Today’s Vision for A Decade and Beyond

Richard Lancaster, Chief Executive Officer of CLP Holdings, has been invited to share his insights into this impactful decision-making. CLP has been providing electricity for Hong Kong in the past 113 years, and is currently one of the largest investor-owned power businesses in Asia Pacific.

05/06/2014
When: Thursday, June 5, 2014
12:30 PM to 2:15 PM
Where: Ballroom C
Island Shangri-La
Pacific Place, Supreme Court Road
Hong Kong
Contact: Amanda Ho

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About the Event:

Electricity supply is indispensable necessity for modern city life. The safe and reliable supply of electricity at a reasonable cost we enjoy today has been playing a crucial role behind the scene to power the city’s growth and its competitiveness. Moving forward to building a more environmental and sustainable city, Hong Kong Government has recently launched a public consultation on the fuel mix for electricity generation for the next decade. Two options have been proposed in the document: to import more electricity from the Mainland power grid, or to use more natural gas for local generation.

Given energy supply and electricity infrastructure are long-term in nature, the choice for the right fuel mix is an important decision for Hong Kong and for the community. The choice made today could entail far-reaching consequences and implications to the society for decades and beyond. Energy security, supply reliability, environmental impact and cost implications are all key parameters that should be taken careful consideration in the process of decision making. 

Richard Lancaster, Chief Executive Officer of CLP Holdings, has been invited to share his insights into this impactful decision-making. CLP has been providing electricity for Hong Kong in the past 113 years, and is currently one of the largest investor-owned power businesses in Asia Pacific. Under Mr Lancaster’s leadership, the CLP Group operates a diversified portfolio of generating assets ranging from coal, gas, nuclear and renewable sources. Mr Lancaster’s experience in energy business will provoke thoughts for an insightful discussion on the direction of the fuel mix for the future of Hong Kong.



About the Speaker:


Richard
 Lancaster
CEO of CLP Holdin
gs

Richard Lancaster is the Chief Executive Officer of CLP Holdings, the parent company of the CLP Group (formerly China Light & Power Company, Limited), a position he assumed in September 2013. Since joining CLP in 1992 Mr. Lancaster has held a variety of managerial positions in the Company. His experience covers project management, power plant operations, commercial, finance, legal and corporate functions.

In 2010 Mr. Lancaster was appointed Managing Director of CLP Power, responsible for CLP’s electricity generation, transmission and distribution business and service to its 2.3 million customers in Hong Kong.

Born in Sydney, Australia, Mr. Lancaster holds a Bachelor Degree in Electrical Engineering from the University of NSW in Australia. He spent his early career as a professional engineer in the electricity supply industry in Australia and later with an international brewing company in the UK.


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