Nuclear energy in Hong Kong
However, a Hong Kong company, Hong Kong Nuclear Investment Company (HKNIC), owns 25% share in Daya Bay Nuclear Power Plant in Guangdong.[2] Hong Kong currently imports electricity from Mainland China from the Daya Bay Nuclear Power Plant in Guangdong since 1994.[citation needed] CLP will also import 17% of electricity from the planned Yangjiang Nuclear Power Station in Guangdong by 2017 under the agreement with China Guangdong Nuclear Power Company.[citation needed] To reduce the carbon dioxide emission in Hong Kong, new coal-fired power plants have not been allowed to be built anymore since 1997.The current existing coal-fired power plants will be kept on low utilization as reserve.