Earnings release
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中 電 控股 有限公司 CLP Holdings Limited ( Stock Code : 00002 ) ( incorporated in Hong Kong with limited liability ) Page 1 of 6 CLP 中 電 120 years 同行 望遠 of shared vision Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . Quarterly Statement 2021 ( January - September ) To Shareholders : The operations of CLP Holdings Limited ( the Company ) for the nine months ended 30 September 2021 are summarised in this Quarterly Statement . Hong Kong Electricity sales in Hong Kong increased to 27,506GWh in the first nine months of 2021 , 4.1 % higher than the same period a year ago . Demand improved with the progressive recovery of the city's economy as the Government's vaccination programme and the easing of social - distancing restrictions allowed more people to return to offices and schools . Power consumption also increased due to the hot summer weather . The following table shows the year - on - year changes in electricity sales : Residential Commercial Infrastructure & Public Services Manufacturing Increase ( Decrease ) % of Total Local Sales 198GWh 2.4 % 30 % 419GWh 4.2 % 38 % 416GWh 5.9 % 27 % 47GWh 3.8 % 5 % CLP continued to focus on investments to decarbonise Hong Kong's electricity supply , advancing key natural gas - based projects to progressively replace coal - fired capacity and further reduce the carbon intensity of the city's power generation . Early civil works on a second new combined - cycle gas turbine generator at Black Point Power Station were completed , while work on engineering , procurement , and construction contracting progressed well . The unit is scheduled to enter service in 2023. In parallel , marine installation of the offshore jetty and the laying of subsea gas pipelines commenced as planned at the offshore LNG terminal project due for completion in 2022 , which will bring an alternative source of natural gas to Hong Kong . To explore opportunities of increasing local renewable energy generation , CLP started pre - development studies for a possible offshore wind farm in the south - eastern waters of Hong Kong as the cost - effectiveness of offshore wind turbines continue to improve .