NARI and HK Electric entered into an agreement today to explore cooperation opportunities in various areas, including the optimization of HK Electric’s power grid operation, preparation and planning for the company’s green development to help Hong Kong achieve the target of carbon neutrality before 2050.

The agreement was signed by HK Electric’s Managing Director, Mr. Francis C.Y. Cheng and Chairman of NARI Group Corporation, Mr. Shan Shewu at HK Electric’s headquarters.

Mr. Cheng said, “HK Electric is very happy to cooperate with NARI as they have sophisticated technology and ample practical experience in the Mainland and other overseas countries. I believe that they could leverage their expertise to help HK Electric strengthen the power grid to enhance our power supply reliability further, meet the power demand from Hong Kong’s development, and at the same time plan ahead for the future import of zero-carbon energy from the Mainland.”

Mr. Shan stated that NARI, as a company directly under the State Grid Electric Power Research Institute, has always been committed to improving the industry’s business standards by providing projects integrating internationally leading technologies and products. “We look forward to working closely with HK Electric to further enhance the safety, reliability and stability of their network. Both companies will also benefit through talent and technology exchanges,” he said.

Also attending today’s ceremony was the Secretary for Environment and Ecology, Mr. Tse Chin-wan. Mr. Tse said, “The Government has set out four decarbonization strategies, namely net-zero electricity generation, energy saving and green buildings, green transport as well as waste reduction, to actively reduce carbon emissions from source. Transformation to green energy is a key way to implement these strategies. I hope that through the cooperation between HK Electric and NARI, State Grid’s advance and innovative technologies could be applied in the real situation in Hong Kong as we keep pace with the times to facilitate energy transition.” Under the framework agreement, NARI will use the most advanced remote terminal units and make reference to State Grid’s current network design to provide solutions for HK Electric to improve the remote surveillance of its whole power system with a view to achieving full automation.