Macau: Breaking monopoly would lead to cheaper power and improved services

20 April 2009

Macau, China, 20 April – Liberalising Macau’s electricity market would result in better service and lower prices, the director of Macau’s Office for Development of the Energy Sector (GDSE), told news agency MacauNews.

Speaking about private utility company Companhia de Electricidade de Macau’s (CEM) distribution and production monopoly until 2010, Santos said there were definitely advantages to opening up the market

“The issue is still under consultation but we think part of the existing monopoly can be gradually opened,” he said.

Santos said due to Macau’s size and the fact that 70 per cent of electricity was imported from the mainland, there was not an issue in the city with supply.

He described Macau as “well connected” in the region and said his main concern regarding energy was “quality of service” and “environmental issues”, he told MacauNews.

“In terms of the future we need to choose what works for the city and put it into place, but we need to choose very well and this takes time,” he said.

GDSE has been working on a program with government departments aimed at reducing annual energy consumption by five per cent, but Santos said this was only a short-term goal, and that in the long term the target should be a 20 to 30 percent reduction.

Santos noted that for 2009 one of the priorities was to reduce gas emissions and thus the main targets would be public transport companies and studying ways of introducing natural gas for use by tourism vehicles and buses. (macauhub)