Is it possible to have fewer power plants? wwf.hk/fitelectricity
Summer marks the peak consumption period for electricity in Hong Kong; this is also the time when sunshine is most abundant. Growing our solar electricity capabilities will actually help meet the peak demand of the Hong Kong electricity market, and reduce the carbon emissions generated due to fossil fuel burning at the same time!
In Taiwan, which currently uses the feed-in tariff, the estimated payback period for the installation of a solar PV system is 15 years. But in Hong Kong, the payback period is a staggering 46 years: no wonder the development of renewable energy in Hong Kong is proceeding so slowly! WWF hopes that the government will adopt more favourable terms for distributed generation and the associated grid connection for renewable electricity providers. Sign our petition now at wwf.hk/fitelectricity before the government’s consultation on the electricity market finishes at the end of this month!
Comparison of installed solar PV systems in Taiwan and Hong Kong: