The Physical Layer

AI and energy infrastructure, explained plainly.

The Physical Layer

Companies

CLP Power

On the map: The grid connection

Named in one piece. Each entry below is that piece's own description of what the company makes, from its exposure map.

  1. The utilities

    CLP Power and Hong Kong Electric generate and deliver Hong Kong's electricity under the Scheme of Control.

    Hong Kong has the plug: its grid builds to demand, and the chip needs a licence · 2 November 2026

This maps who operates in each layer. It is not a recommendation, and naming a company is not a view on its shares. Personal research, not investment advice.