Green Energy Market

Over the past 10 years, control of greenhouse gas emissions has become an issue of major international concern because escalating levels of CO2 are now proven to be a direct cause of global warming.

Worldwide environmental performance of energy industries, particularly the electricity sector, has been subject to close examination as they are major contributors to the production of CO2 greenhouse gases.

In 1997 the Federal government mandated through legislation that 9500GWh of Australia’s electricity supply must come from clean, green renewable sources by 2010.

The government’s commitment to green energy generation is part of a national strategy to meet 1996 Kyoto obligations to reduce CO2 emissions.

Most of Australia’s electricity needs are met today by black and brown coal fired power stations, which account for more than 35% of our nation’s greenhouse gas emissions.

Less than 10% of all electricity generated in Australia is generated from alternative, renewable, clean energy sources.

Demand for green energy in Australia is set to increase greatly over the next 10 years. Energy industry predictions of a shortfall in renewable energy after 2007 represents a market opportunity for clean green energy generators, and this translates into a commercial advantage.

Each EnviroMission 200MW solar thermal power station will abate over 900,000 tonnes of carbon dioxide from entering the environment annually. Our technology will help the nation meet its Kyoto obligations, provide a bonus to the environment, and will be a major producer of scaleable renewable energy with flow on benefits to the community and our investors.

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