Investing in a Green Future
There is a pressing need to introduce the development of Renewable Energy in Papua New Guinea in order to address the challenges of clean energy, climate change, health, wealth creation and sustainable development.

Over
eighty (80%) percent of Papua New Guineans still use traditional biomass (i.e. fire
woods) for cooking and heating in rural areas despite the potential offered by
different sources of renewable energy.
Renewable Energy comes from natural
sources, including; solar radiation, wind, rain, tides, and bioenergy from
agricultural residue, wood, plant growth; heat generated from deep within the
earth and even disposed waste. They cannot be depleted or exhausted; neither
emits toxic waste nor produces greenhouse gases and is constantly replenished.
They are available locally and cause fewer emissions. The usage of renewable
energy provides limited consequences as opposed to the fossil fuels.
The main types of renewable energy
are Solar Energy, Wind Energy, Ocean Thermal Energy, Hydroelectric Energy,
Geothermal Energy and Biomass Energy.
Current issues concerning climate
change, deforestation, global warming, population growth and fossil fuel depletion
dictate strongly for the societies to focus more and more attention to the renewable
energy option. Apart from these concerns are the ongoing, ever increasing oil
prices and power bills, increasing rate of respiratory illnesses and
water-borne diseases and energy poverty in the rural areas. Various countries
across the globe have been driving renewable energy legislations, grants, incentives
and its commercialisation because of its sustainability.
Renewable energy can make significant
contributions to the diversity and secure energy supply, to economic
development, and to addressing local environmental pollution. The task is also
urgent if we are to make sure that investment decisions taken now do not saddle
us with sub-optimal technologies in the long term.
Awareness is growing of the urgent
need to turn political statements and analytical work into concrete action. By
identifying the steps needed to accelerate the implementation of radical
technology changes, the government, industry and
financial partners must make the right choices. This will in turn help societies
make the right decisions.
Green or Renewable Energy technology has the potential for a wide range of additional social, economic and
environmental benefits, most importantly helping to extend affordable, reliable and clean energy access to the six (6) million people in rural areas
of Papua New Guinea without grid access.
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Figure 1: Interrelationships
between access to energy and sustainable development (Amigun, Musango &
Stafford, 2010)
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We can and must change our current path, but this will take an energy revolution and low-carbon energy technologies will have a crucial role to play.
We are at the critical stage of our development, and hence, such an investment
will ensure a long-term sustainable growth. Our country has the foundation and
competitive edge through our rich natural resources to utilize research and
technology to enable us to move up the supply and value chain.
Green or Renewable Energy is critical to sustainable development. But, we must work together to maximize our efforts to achieve SUSTAINABLE, AFFORDABLE
AND ACCESSIBLE ENERGY for Papua New Guinea while growing our economy and safeguarding the
environment!
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