(g)
contingency plans for possible disconnection
of supply (paragraph 20);
(h)
size of unit (paragraphs 21 and 22);
(i)
effect of nuclear project on the price paid by Hong Kong consumers (paragraphs 23 to 29);
(j)
implications for CLP scheme of control (paragraphs 30 and 31).
The memorandum then goes on:
(k)
to consider where the balance of advantage lies (paragraphs 32 to 34);
(1)
to record HEC's possible interest in the project (paragraphs 35 and 36);
(m)
(n)
to set out the public relations aspects and financial implications of the proposals (paragraphs 37 to 40); and
finally, to seek Members' advice on what is proposed (paragraph 41).
Summary of the Feasibility Report
(a) Main conclusions and recommendations
6
The report (which quotes costs in US$ which have been translated into HK$ for the purpose of this memorandum at an exchange rate of HK$5 to HK$1) concludes that:
(a)
(b)
us
a nuclear power station of 2 x 900 MW capacity can be safely accomodated in Guangdong Province and can be integrated into the interconnected Guangdong and Hong Kong electricity systems;
assuming the two units are installed in 1988 and 1989 the cost after allowing for initial fuel charge, price escalation and interest would be as follows:
SECRET