Glo­cal clean­tech in­vest­ment

Element - - Business -


About 3,500 clean tech­nol­ogy com­pa­nies gen­er­ate NZ$19 bil­lion in rev­enue from ex­ports, a quar­ter of over­all sales and a fig­ure that in­creased by 75% over the last five years. The gov­ern­ment is ear­mark­ing NZ$750 mil­lion for en­vi­ron­men­tal projects over the next two years to fur­ther boost the in­dus­try, in­clud­ing NZ$229 mil­lion to fur­ther com­mer­cialise green tech­nol­ogy.


Den­mark’s con­tin­ued in­vest­ment in wind en­ergy sees it em­ploy 20,000 peo­ple, and Dan­ish com­pa­nies now make up 40% of the world mar­ket for wind tur­bines, with com­bined turnover of over $4.8 bil­lion.

Den­mark’s ex­port of en­ergy tech­nol­ogy and equip­ment has more than tripled since 1989. En­ergy ex­ports ac­counted for 11% of to­tal Dan­ish ex­ports, or NZ$14 bil­lion in 2008. This places Den­mark at the top of GDP-weighted world rank­ings for clean en­ergy ex­ports.


A world leader in the pro­duc­tion of wood prod­ucts, Fin­land boasts a strong biomass­fu­elled en­ergy gen­er­a­tion sec­tor. The lo­cal forestry in­dus­try de­rives 73% of its en­ergy from wood-based fu­els, and biomass co­gen­er­a­tion sys­tems ac­count for al­most 80% of in­dus­trial heat­ing, 74% of do­mes­tic heat­ing and 29% of na­tional elec­tric­ity. Fin­land’s Na­tional Cli­mate Strat­egy En­ergy (2004) set out to dou­ble the an­nual use of for­est chips to five mil­lion cu­bic me­ters (36 peta­joules or PJ) for do­mes­tic con­sump­tion. This is of in­ter­est to New Zealand, as our strong forestry sec­tor means we have po­ten­tial to em­u­late this type of biomass gen­er­a­tion.


The Aus­tralian Gov­ern­ment’s Clean En­ergy Fu­ture pack­age, due to be passed later this year, will pro­vide NZ$128 bil­lion for clean en­ergy over com­ing decades, in­clud­ing about NZ$13 bil­lion to be dis­trib­uted through the new Clean En­ergy Fi­nance Cor­po­ra­tion.

Aus­tralia’s es­tabtlished and sub­stan­tial low car­bon goods and ser­vices sec­tor is cur­rently grow­ing at 4% per year.

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