Does Macao have a photovoltaic energy contract?

The regulations require investors to enter into a 20-year contract for the purchase of photovoltaic energy with Macao’s sole energy service provider, Companhia de Electricidade de Macau (CEM). Essentially CEM will purchase the electricity produced to ensure investors profit within a reasonable period.

Can Macao increase solar energy?

The Macao government also sees an opportunity to increase solar energy. To encourage the installation of PV systems, officials passed a set of safety and installation regulations in 2015.

Does China's Energy Strategy work for Macao?

According to the National Energy Administration of China, the share of clean and renewable energy in China’s electricity generation has almost doubled over the past decade, surging from 13 per cent in 2011 to 24.3 per cent in 2020. This bodes well for Macao. “Developing solar and wind energy has become China’s core energy strategy,” he says.

Is Macau a good place to invest in solar energy?

Song and colleagues have no doubts: “Macau has some of the richest solar resources in the world” (with average annual sunlight time exceeding 1000 h, providing about 5000 MJ/m 2 ). “Clearly, Macau has a tremendous potential for developing solar energy, especially a grid-connected photovoltaic system.

Does Macao need an EV charging system?

For starters, he believes Macao needs to optimise its EV charging systems. The city currently has 200 charging spaces across 42 public car parks and seven streets, according to the Macau Electricity Company (CEM), Macao’s sole energy service provider.

Does Macao have a climate problem?

As a commercial hub, Macao faces the same challenge. Energy consumption from electricity, transport and buildings accounts for nearly 90 per cent of Macao’s carbon emissions directly caused by fossil fuels. With climate change posing grave threats to the future of society, city leaders say they have made reducing emissions a priority.