Michael Price

Experience

• 

  CLP Power Hong Kong Ltd

  Jan 1998 - Apr 2002

  Director CLP Holdings (publicly listed company)Managing Director CLP Power Managing Director Castle Peak Power Company – JV with ExxonMobil holding 60%Deputy Chairman Guangdong Pumped Storage Power Station Company - JV with Exxon Mobil and Guangdong Power Company)Director Guangdong Nuclear Power Station JVC – JV with Guangdong Power Company and Chinese Ministry of EnergyDirector Hong Kong Nuclear Investment Company – Board included senior HK Govt. officials.Chairman CLP Engineering – specialist engineering services companyDirector CLP Telecommunications – (Chairman and Managing Director until 10/00)Director CLP Enterprises – start up energy related companies (e.g. bio-fuel)Director CLP Research Institute – promote new energy technologies (e.g. wind-power)Director Empower – (JV with Hutchison Telecommunications & HK Electric)Director Integer – (JV with Swire Properties, Gammon, HK Housing Authority and with sponsorship and director participation from UK & HK Governments)Director CLP International Show less CLP Holdings is a publicly listed multi-national utility company operating in the Asia-Pacific region. In 2002 it had a turnover in excess of US$3.3b, after tax profit of US$1.1b and staff of 4000. The major business entity of the Group providing almost all of the profit was CLP Power for which I was the Managing Director until my return to the UK in 2002.As Managing Director of CLP Power I was responsible for all aspects of the profitability, operation, development and competitive positioning of CLP Power to provide a vertically integrated electricity service to 2 million customers within the Kowloon and New Territories areas of Hong Kong. The role included Board direction and management of several joint venture companies: two with ExxonMobil were the only operations worldwide where they had a majority shareholding yet did not take management control and those with Chinese mainland authorities included their civil nuclear programme at Daya Bay. Typically CLP Power’s 3600 staff handled annual revenue of US$3.2b yielding an after tax profit of US$1.1b and completed capital projects of US$660M p.a.In my role as a CLP Holdings main board Director and member CLP Holdings Executive Committee, I had responsibilities to develop and oversee execution of the Group’s strategy of diversification and expansion and in particular to develop new Hong Kong based businesses and provide active support from CLP Power to newly acquired overseas energy businesses. Show less

  • Directorships held until leaving Hong Kong in 2002

    Oct 1998 - Apr 2002

  • Managing Director

    Jan 1998 - Jan 2002
• 

  Institute of Directors

  Dec 2004 - Dec 2007

  Chairman West Surrey Branch, Member South Region Committee

  As Chairman of Surrey Branch and South Region Committee member I was responsible for developing and organising a range of offerings to members in Surrey and the South Region, representing members with local and regional organizations and for participating in the wider activities and policies of the IoD.

• 

  Surrey Business Awards

  Jan 2006 - Jan 2008

  Chairman of Judges

  The role of Chairman was to establish criteria for judging the different categories of award, to ensure their consistent and unbiased application during the judging process and to conduct a review and evaluation of the assessments for each category prior to confirming awards.

• 

  Energy Edge Ltd

  Jan 2007 - now

  Head of Power Generation Projects

  Within the consultancy I am responsible for all aspects relating to power generation and particularly the interface between coal supply and utilisation by generators. Additionally I have experience of gas and oil supply and utilisation and nuclear power plant, advise on power generation projects and operation & maintenance and act as an expert witness.

• 

  Joule Africa

  Jul 2012 - now

  Technical Director

  The company is focused on the development of greenfield power projects in Africa and has a firm commitment to sustainability and CSR principles. As technical Director I have responsibilities for the design, development and operation of projects and the negotiation of power purchase agreements.Current projects under development include hydro and solar schemes in several African countries.