Brief: CLP Holdings To Explore Offshore Options Due To Competition For Wind And Solar Projects
24/02/2020 06:40
Feb 24 (Reuters) - CLP Holdings Ltd 0002.HK :
* IN 2020, FOR FIRST TIME, AROUND HALF OF ELECTRICITY SOLD
BY CLP
WILL BE GENERATED BY NATURAL GAS
* CLP TO OPT FOR RENEWABLE PROJECTS THAT CAN ACHIEVE GRID
PARITY
OR COMPETE WITH CONVENTIONAL PROJECTS ON COST
* DUE TO INCREASING COMPETITION FOR NEW WIND AND SOLAR
PROJECTS,
CLP WILL ALSO EXPLORE OFFSHORE OPTIONS
* PLAN TO RUN YALLOURN PLANT TO 2032 OR AS LONG AS POLICY &
REGULATION PERMIT IN AUSTRALIA
Source text for Eikon: ID:nHKS3g0BDq
Further company coverage: 0002.HK
((Reuters.Briefs@thomsonreuters.com;))