Great Britain Promotes the Development of Renewable Energy

The British government estimates that the total amount of global investment in renewable energy will be as high as 400 billion pounds by 2010, so it will vigorously promote the technological development and international cooperation of this industry.

The Deputy Minister for Energy, Brian Wilson, of the Department of Trade and Industry of the United Kingdom, recently signed a memorandum with representatives of the Ministry of Science, Technology and Environment of Thailand to establish and develop a long-term cooperative relationship between the two governments to promote the domestic renewable energy industry. After the signing of the Deputy Minister Wilson, the British Ministry of Trade and Industry selected Thailand as a key overseas export market for renewable energy technologies in the UK. Through this agreement, the UK and Thailand will conduct renewable energy research and development and technology transfer in a more effective way. At the same time, the two governments will cooperate more closely and continue to promote the privatization of domestic renewable energy supplies.

In this memorandum, Britain and Thailand announced that they will increase technology transfer and joint ventures to jointly improve renewable energy technologies. The first phase of the plan includes reviewing the development of cost-effective power generation plans in Thailand's forest areas without prejudice to the ecological environment, and holding seminars that are in line with the commercialization of renewable energy technologies. In addition, the two countries initially agreed to cooperate in the project also includes: sharing non-confidential related scientific and technological information and research and development results; scientific, technical and other professional personnel exchanges; holding special meetings or seminars.

Wilson also announced that the British government will provide a total of 15 million pounds in subsidies for the new phase of the "renewable" energy research and development program, and welcomes the British business community to apply for subsidies to the government and actively invest in the development of related technologies.

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