(EnergyAsia, March 4, Tuesday) — More than two dozen Australian experts from the renewable energy industry met in Melbourne last week to debate the issues for clean energy investment in emerging Asian and Pacific economies in advance of this week’s WIREC global summit on clean energy in Washington, DC .
Asia was one of three regions targeted by WIREC to conduct stakeholder consultations in preparation for the summit. The Asian consultation was the result of a collaboration between three of the Renewable Energy and Energy Efficiency Partnership’s (REEEP) Regional Secretariats – South Asia, East Asia and Southeast Asia and the Pacific.
The Southeast Asia and Pacific consultation focussed on what it would take to rapidly expand renewable energy deployment in China, India and the South East Asia and the Pacific regions.
At the consultation, Hydro Tasmania chairman David Crean said: “We believe WIREC will play a key role in continuing to build global policy momentum and prioritisation on the increased deployment of renewable energy technologies. The previous Ministerial events in both Bonn 2004 and Beijing 2005 helped to bring together all the renewable energy sources and potential, provided a status check on global trends in technology developments, and synthesised the various commercial and regulatory drivers needed to ensure appropriate deployment policies were developed rapidly.
“WIREC is the next major step and we’re pleased an Australian perspective can be part of necessary international developments.”
Participants at the REEEP forum included several members of the Australian Clean Energy Council along with investors, electricity generators, policy and legal experts, federal government representatives and the US Embassy.
“The forum confirmed that the technology is ready right now, but what’s needed is both political stability and long term policy and regulatory frameworks. These are fundamental to ensuring that Asia develops clean energy and a low carbon economy,” said REEEP’s Southeast Asia and Pacific Regional Manager, Amy Kean.
The outcomes of the consultation will become part of a broader, consolidated report that Ms. Buyelwa Sonjica South African Minister for Minerals and Energy will be presenting at the Ministerial Meeting in Washington.
“A broad range of renewable energy industry representatives – including nabCapital’s renewable energy financing specialists – contributed to lively discussion with common themes emerging for REEEP to take to Washington. These themes centre on regulatory framework certainty, the development of regional emission trading schemes and their potential future linkage,” said nabCapital’s head of Carbon Solutions Group, Rachel O’Neill.