Up 6.2 percent in 2015 | CEM’s power consumption hits record high

The Annual General Meeting of Companhia de Electricidade de Macau – CEM, S.A. (CEM), was held yesterday, reporting that the power consumption increased by 6.2 percent to hit another record high of 4,966 GWh in 2015. The peak demand climbed by 4.4% to 883 MW, with net profits hitting MOP662 million, up 8.8% from 2014.
According to a press release, Macau’s locally generated power significantly increased to 753GWh in 2015, up 73 percent from 2014. On the other hand, 4,054 GWh of electricity was imported from the Mainland to Macau in 2015, down 1.1 percent from 2014.
In 2015, over MOP958 million were invested into further improving and developing infrastructure. Out of this investment package, almost 78 percent was invested into the development and maintenance of the transmission and distribution network, while generation projects accounted for about 13 percent.
A number of transmission and distribution infrastructure projects will commence in succession in 2016, including the new Dispatch Centre Building project and three new high-voltage substations with a total investment of approximately MOP500 million at Hospital das Ilhas, Hospital Conde S. Januário, and the artificial island for the Hong Kong-Zhuhai-Macau Bridge.