Australia and China should collaborate on renewable energy
the renewable energy sector needs to be thinking more about how much they can strengthen their collaboration, where they position Australia better in a global low-carbon economy
China tipped to deliver Australia’s energy needs, ABC News (Australian Broadcasting Corporation), 20 Sept 10, By Sarah Clarke The WWF says Australia has the opportunity to ramp up its role in the booming renewable energy market.
The foundation’s new chief executive in Australia, Dermot O’Gorman, says the market is changing and if Australia wants to keep up with China it needs to capitalise on the clean energy market and its relationship with Asian power.
“I think that relationship will move from us providing natural resources to fuel their economy into a much more complex relationship,” Mr O’Gorman said.
“And I think the renewable energy sector needs to be thinking more about how much they can strengthen their collaboration, where they position Australia better in a global low-carbon economy.”…………..
His most recent work in China has given him an extraordinary insight into the renewable energy market.
In the next decade Mr O’Gorman says China will deliver Australia the “low-cost energy solution it needs”…………
“They’re positioning themselves to be a global leader in renewable energy products.”
In fact, it has been confirmed China has overtaken the US in total renewable energy investments.
Last year China spent $34.6 billion on renewable energy. That is just private investment, but the Chinese government is helping.
As the world’s biggest energy consumer – up from 9 per cent in 2008 – it has set a target of 15 per cent of electricity to be renewable power by 2020.
And it is on track to meet this target and companies globally are itching to get in on the act……….they have identified renewable energy as the way to restructure their economy as they move to a more value-added economy over the next couple of decades.
“They’re already a leader in providing photovoltaic cells. They’re already in partnership with companies from around the world and that trend is just going to continue.”
China tipped to deliver Australia’s energy needs – ABC News (Australian Broadcasting Corporation)
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