The Hongkong Electric Co Ltd (HK Electric) has been providing Hong Kong with one of the most reliable supplies of electricity in the world (viz., reliability rating higher than 99.999% since 1997). Such success is inseparable from its development and application of innovative technologies to enhance operational performance. At HK Electric, we encourage and support all kinds of innovations, either incremental or genuinely transformative. Innovation is essential to a sustainable business, and thus, promoting innovation and developing innovative capabilities are integral parts of our corporate strategy and management principles. HK Electric has pooled these different experiences into the HK Electric Innovation Report 2023 and uploaded it to the company website for reference and knowledge transfer.