[legit news 247News]The government plans to provide land for public facilities through land reclamation and slope cutting in the sea area of Area 132 near the Tseung Kwan O Chinese Permanent Cemetery, including the construction of power facilities to input zero-carbon energy. Environment and Ecology Secretary Xie Zhanhuan described in RTHK’s “Saturday Accountability” yesterday that the facility is like a “very large plug” used to receive electricity from the Mainland, which is an “important step” in Hong Kong’s carbon reduction, maintenance of reasonable electricity prices and stable power supply. It is understood that the authorities hope that the facilities will be commissioned before 2035, and the electricity received can be used by the whole territory, so as to help the authorities achieve the goal of halving carbon emissions within that year. The opening time of the facility is close to the expiry of the two electricity control agreements in 2033. A person familiar with the matter said that the authorities believe that the facility can make the government more powerful to “talk the numbers” with the two electricity companies.
Tseung Kwan O power facilities are expected to start before 2035 and the profit control of the two power plants will be completed in 2033. Insiders: increase the bargaining power of the authorities