Black & Veatch was the hydraulic designer of the HK$1 billion HVUSSS project, which was managed by the Drainage Services Department (DSD) of the Government of the Hong Kong Special Administrative Region. “We are proud to contribute to a project that is recognized for its innovation, economic and social benefits. We are committed to promoting advanced technology usage to mitigate the risks of climate change,” said Andy Kwok, Managing Director, Black & Veatch Hong Kong. The Dai Yu Water Science and Technology Awards has been organized annually since 2002. This is the first time a local drainage project, implemented by Black & Veatch project and DSD, in conjunction with the Hong Kong University of Science and technology, has won this award. HVUSSS uses a large underground tank to store the surge of stormwater runoff which reduces downstream flooding risks during severe rainfall events. This is another example of Black & Veatch’s strategy to increase flood protection for communities and critical infrastructure. Central to the company’s approach is close collaboration with utilities to mitigate risks in a timely, cost-effective manner. *** Editor’s Notes: The Dai Yu Water Science and Technology Awards is approved by China’s Ministry of Science and Technology and established by the Chinese Hydraulic Engineering Society for the whole country. Black & Veatch has played an integral role in developing Hong Kong water supply since 1930. The company continues to work on a number of flagship water projects in Hong Kong including the design of Hong Kong’s first reverse osmosis desalination plant at Tseung Kwan O and the development of a sustainable design to reduce the burden on fresh water and use of energy at the expansion of Hong Kong International Airport. Media Contact: EMILY CHIA | +65 6761 3511 p | +65 9875 8907 m | ChiaLP@BV.com 24-HOUR MEDIA HOTLINE | +1 866 496 9149 0 About Black & Veatch Black & Veatch is an employee-owned, global leader in building critical human infrastructure in Energy, Water, Telecommunications and Government Services. Since 1915, we have helped our clients improve the lives of people in over 100 countries through consulting, engineering, construction, operations and program management. Our revenues in 2017 were US$3.4 billion. Follow us on www.bv.com and in social media. Related Insights How are the Largest U.S. Cities Managing Rising Costs for Water and Sewer Services? According to respondents in the 2018-2019 50 Largest Cities Water & Wastewater Rate Survey, utilities are modifying how they charge for services to address revenue stability and affordability concerns. With Grid Modernization, Utilities Poised For Most Visible Transformation The annual Strategic Directions Report series offers analysis and insights into key issues and trends facing the smart cities and utilities, electric, natural gas, and water utility sectors. FLNG Solutions Prove To Be Much More Than Potential It was roughly a decade ago when the initial introduction of floating liquefied natural gas (FLNG) solutions sought to help bring uneconomic gas reserves offshore, such as those in remote locations, to the market. Over the past few years, however, we’ve watched as offshore FLNG capabilities have moved closer to the mainland, offering a very flexible and economical solution to operators looking to offload their supply around the world. Four Big Trends in Gas-to-Power Hold Promise for U.S. Market Major energy shifts are afoot, and the United States will play a critical role going forward. The EIA projects that by 2022, the U.S. will become a net energy exporter, according to its newly released Annual Energy Outlook 2018. For natural gas, this shift will happen even earlier, around 2020, the EIA says. Market Strives to Deliver Over Pipeline Challenges As if the persistent low-price environment wasn’t enough, rampant natural gas production in the Appalachian and Permian Basins is ramping up concern that pipeline take-away capacity can’t keep up. This comes as the United States natural gas industry prepares to enter one of its strongest growth periods to date, driven by increasing global demand for low cost natural gas supplies and growing domestic demand for cleaner energy sources.