Overview
Australia’s renewable energy industry is diverse and includes bulk electricity generation from wind, biomass and hydro power, as well as technologies and expertise in photovoltaics, geothermal, solar hot water, remote area power systems and energy storage.
World focus on the risk of climate change is driving rapid growth in the international market for renewable energy technology. Global renewable energy grew at rates of 15-30 per cent annually for many technologies during the period 2002-2006. In 2007, $US100 billion was invested in new renewable energy capacity, manufacturing plans and research and development. (REN21).
Government policies encouraging renewables are in place in at least 60 countries and include mechanisms such as feed-in tariffs, renewable quotas, tax incentives, capital investment subsidies and public investment or financing for renewable installations or research and development.
What are the key opportunities?
In the export market, Australia is recognised internationally for its project engineering expertise and research and development of new technologies. Australia is also renowned as a high quality supplier of solar water heating systems, solar cells and remote area power and hybrid systems.
Key growth areas in the renewable energy sector are:
- Solar PV
- Wind
- Hydro
- Biomass
- Geothermal
Where are the key opportunities?
Priority markets with the greatest opportunities for Australian renewable energy include:
How can we help you?
With an extensive network backed by highly experienced and qualified staff, Austrade provides a number of dedicated and tailored services to Australian exporters.
Austrade offers practical advice, market intelligence and ongoing support (including financial) to Australian businesses looking to develop international markets. Austrade also provides advice and guidance on overseas investment and joint venture opportunities, and helps put Australian businesses in contact with potential overseas investors.
For further information please contact Austrade on 13 28 78 or email info@austrade.gov.au.
Useful contacts
Austrade’s renewable energy contact
Robert Richardson
Senior Export Adviser – Clean Technology
Tel: +61 2 9390 2383
Email robert.richardson@austrade.gov.au
Government contacts
Australia Pacific Partnership on Climate Change – www.ap6.gov.au
Department of Climate Change – www.climatechange.gov.au/renewabletarget/index.html
Department of Environment, Heritage and Arts – www.environment.gov.au/settlements/renewable/index.html
Department of Innovation, Industry, Science and Research – www.industry.gov.au
NSW Department of State & Regional Development – www.business.nsw.gov.au
Queensland Government – www.sd.qld.gov.au
General industry contacts
Australian Business Council for Sustainable Energy –
www.cleanenergycouncil.org.au
Environment Business Australia – www.environmentbusiness.com.au
Environment Directory – www.environmentdirectory.com.au
Last updated: 14 Apr 2008
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