
With climate change now an accepted fact, the need for clean energy is no longer subject to debate. World electricity consumption is projected to be 85 per cent higher by 2030 and increasing the use of renewable energy is vital to avoiding dangerous climate change.
Currently, coal, oil and gas provide almost 90 per cent of the world’s energy needs, with renewable energy contributing around 10 per cent. But this is changing. Fast.
By 2040, half of the world’s energy could come from renewable sources. Reliance on wind and hydro power will continue to climb, and there’s increasing interest in emerging geothermal, wave, solar and biomass technologies.
Renewable energy has been embraced as an essential strategy to confront global warming in virtually every developed country. While Australia is yet to strengthen its support for renewable energy, the recently formed Asia-Pacific Climate Development Pact between Australia, China, India, Korea, Japan and the USA is an encouraging sign that change is coming.
As the world awakens to the environmental and economic potential of the renewable energy industry, Pacific Hydro has the passion, expertise and track record to embrace new opportunities both at home and internationally.
Our management expertise, project development experience, technical know-how, partnership skills and strong reputation hold us in great stead for an industry-leading future.