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.
 
Figure 1:  Interrelationships between access to energy and sustainable development (Amigun, Musango & Stafford, 2010)

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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