CLP Is Not a Business That Can Shut Down: CEO

The video discusses the impact of COVID-19 on consumption and business operations, highlighting changes in demand and the need for maintaining operations while ensuring health and safety. It examines the economic impact and recovery patterns in Hong Kong, China, and Australia, emphasizing the importance of electricity reliability. The transition to renewable energy is explored, focusing on solar, wind, and the need for energy storage. The role of nuclear power in China's energy mix and business support during the pandemic are also covered.

How did the COVID-19 pandemic affect demand patterns in Hong Kong compared to the SARS outbreak?

• Demand decreased slightly during COVID-19.

• Demand increased significantly during COVID-19.

• Demand increased significantly during SARS.

• Demand patterns remained unchanged.

What was the impact of the lockdowns on industrial production in China?

• The lockdown had no impact on industrial production.

• Industrial production remained stable.

• There was a strong recovery after the lockdown.

• Industrial production increased during the lockdown.

What measures have been taken to maintain operations during the pandemic?

• Stopping all maintenance work.

• Implementing strict working practices and split teams.

• Reducing electricity supply.

• Closing down power plants.

What is the significance of renewable energy in Australia's energy transition?

• It is not significant at all.

• It is crucial for reducing reliance on coal.

• It is only important for small-scale projects.

• It has no impact on grid reliability.

How has the nuclear power industry in China been affected recently?

• It has been unaffected by recent events.

• It has been completely shut down.

• It has come to a virtual standstill.

• It has been growing rapidly.

What role does nuclear energy play in China's decarbonization strategy?

• It is only used for backup power.

• It is a fundamental pillar of the strategy.

• It is a minor part of the strategy.

• It plays no role at all.

How has the company supported local businesses during the pandemic?

• By increasing electricity prices.

• By reducing electricity supply.

• By shutting down operations.

• By providing hand sanitizers and extended payment plans.