[ASC-media] Prospects for new energy industries

Cathy Reade creade at squirrel.com.au
Thu Jun 13 06:46:04 CEST 2013


The Australian Academy of Technological Sciences and Engineering (ATSE)

ATSE is an independent body of more than 800 leading Australian scientists
and engineers.

It seeks to enhance Australia's prosperity through technological innovation

 

MEDIA RELEASE


13 June 2013

 

Aviation fuels a major energy prospect

 

Australia has a major new industry opportunity in the production and supply
of sustainable liquid fuels for the aviation and marine sectors, while
reducing greenhouse gas (GHG) emissions.

 

In a lower GHG environment, it also has diverse opportunities in
low-emissions electricity generation technologies and the management of
intensely distributed electricity systems.

 

These are the key findings in a just-completed research project by The
Australian Academy of Technological Sciences and Engineering (ATSE). They
are set out in an Academy report - Green Growth - Energy: Industry growth
opportunities for Australia - which investigates opportunities for
sustainable future economic growth that align with national objectives of
reducing GHG emissions and increasing energy efficiency.

 

Dr Bruce Godfrey FTSE, report lead author and former Managing Director of
the Energy Research and Development Corporation and of Ceramic Fuel Cells
Limited, noted that the report identifies that these opportunities will
require changes in operating environments, refocusing of policies and
integration of innovation with energy market, regulatory and industry
development.

 

"Securing Australia's prosperity in a carbon-constrained future requires
leadership and investment from government now," said Dr Godfrey, Director
and Principal of the Wyld Group. Dr Godfrey has a range of technology
development, marketing, transfer and commercialisation experience, including
the successful transfer from a USA company to Australia of a new solar cell
manufacturing technology and the establishment of Australia's first
commercial solar cell manufacturing facility in Sydney in the early 1980s.

 

Professor Ian Chubb AC, Australia's Chief Scientist, will launch the report
tomorrow (14 June) in Melbourne. The launch will be followed by a seminar
and panel discussion involving the report's other authors, Dr Susan Pond and
Dr Michael Sargent, as well as Dr John Burgess. All are Academy Fellows.

 

"For Australia to take advantage of Green Growth opportunities, governments
will need to make a concerted effort to foster the necessary environments -
including regulatory regimes; consistent and well-financed innovation
support programs; and evolving industry strategies aimed at specific market
opportunities.

 

"Achieving national economic and social advantage through the transformation
of global energy systems towards lower GHG emissions intensity requires the
identification of entirely new industry opportunities to service the needs
of the energy sector. 

"To be in a position to rapidly take advantage of, and defend, such
opportunities while they remain internationally competitive for Australia,
governments must refocus both their energy policies and industry policies to
emphasise the integration of innovation with energy market, regulatory and
industry development."

 

The report notes that the progression of prospective Green Growth - Energy
technology pathways to commercial deployment needs consistent support in a
variety of areas, including financing for innovation, market risk reduction
and linking to Australian industry structure. Assisting technology
developers to reach deployment in new markets and encouraging businesses,
both local and foreign, to invest in these opportunities will be
particularly important. 

 

"Above all, support schemes for new energy technologies and markets must be
consistent over a significant time period to provide the confidence required
to overcome innovation and commercial project investment risk perceptions,"
concludes Dr Godfrey.

 

The report makes several recommendations for governments:

.         develop and implement integrated policy that aligns industry
growth and energy transformation in order to maximise economic and national
benefits;

.         create, in conjunction with key industry and finance players,
long-term national strategies to encourage the establishment of
internationally competitive Green Growth - Energy industries;

.         designate advanced biofuels - particularly for aviation - as a
strategic industry for Australia; 

.         facilitate the national and international alliances required to
develop the new end-to-end supply chains; 

.         establish a policy platform to ensure that local production is at
sufficient scale to significantly reduce Australia's dependence on imported
liquid fuels;

.         establish mechanisms aligned to long-term national strategies to
capture the opportunities for export industries based on low-emission
electricity technologies and distributed energy systems, networks and market
operation; and

.         establish a high level group to design Australia's future
stationary energy market structure.

 

The report resulted from an ATSE study funded by the Australian Research
Council's Linkage Learned Academies Special Projects (LASP) scheme.

 

The report is on the ATSE website at
<http://www.atse.org.au/GreenGrowthEnergy>
http://www.atse.org.au/GreenGrowthEnergy

 

Media are invited to attend the launch

 

ATSE Green Growth - Energy Report Launch

Monash University Conference Centre 

Level 7, 30 Collins Street 

MELBOURNE 

Friday 14 June 2013 

10.00am

 

Issued by         Australian Academy of Technological Sciences and
Engineering (ATSE)

Melbourne 

 

Contact            Cathy Reade 

 <mailto:creade at squirrel.com.au> creade at squirrel.com.au or 0413 575 934

Harriet Harden-Davies  <mailto:Harriet.harden-davies at atse.org.au>
Harriet.hardendavies at atse.org.au  or 0425 002 209 

 

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.asc.asn.au/pipermail/asc-media/attachments/20130613/92629b20/attachment-0001.html>


More information about the ASC-media mailing list