Sustainable Growth Solutions In Asia

  

Sustainable Growth Solutions In Asia

With the growth of global warming, there is a race against time to find renewable sources of energy. Our dependence on energy derived from non-renewable sources of energy is growing each year. This has happened due to increased consumption and a lackadaisical attitude towards researching and implementing clean sources of energy. Sensing the urgency, scientists and governments across the world are working towards finding solutions. This has led to an increase in research and application for green energy.

As per research conducted by IEA, the renewable energy sector is positioned to provide for a third of our electricity needs within twenty years. Currently, energy derived from sources such as the sun, water, biomass and wind provide for 20% of the requirement.
Asia is making great strides in renewable power by manufacturing products that can utilize them with ease. This is out of necessity, considering Asia is home to nearly half of the global population. By implementing a sustained increase in using clean power to meet requirements, Asian countries are able to greatly reduce their carbon footprint.
It has been deemed that Asia sweeps up 30% of the solar energy requirements worldwide. This trend has been seen in China as well. Their government is creating a system to increase use of technology that relies of clean energy. Similar provisions are seen in India, where use of solar energy is becoming part of national policy and in areas of Southeast Asia as well.
Japan and Australia are getting into the process as well, where they can follow the example set by Singapore. The country has developed a number of ways to drive forward solutions for clean energy. It works with businesses in order to push commercially viable sustainable development.
Singapore is able to push the manufacturing dependent industries to purchase clean energy, which in turn creates an incentive for the sectors that are researching green energy. This includes the electronics, chemical and engineering sectors, which are known to require a lot of energy to function. It helps that the government is working towards providing solutions to the regional areas as well as sending in the best global minds to help the suppliers in expanding their business.
Singapore has also been able to create a thrust in their R&D sector, mostly by creating policies that safeguard intellectual property rights that drive innovation and research. Thanks to their intensive push, 2011 saw the movement of $700 million in the form of support for R&D for creating better sustainable buildings, clean energy and water based solutions.
Singapore is home to SERIS, the Solar Energy Research Institute of Singapore. It is known to be the one of the best places for R&D in green energy solutions other than Japan. SERIS has been working towards looking at methods to bring down costs of installation and increase delivery from solar panels. It hopes to create a flow between the national energy grid and solar technology. There is also research being done via the National Solar Repository, so that the solar panels can be better programmed for tropical heat.
The country has opened up their land to help companies test their technology and rework them for the urban audience. This allows Singapore to cut down on their fossil fuel dependence, and improve the overall management of renewable and non-renewable source of energy.
Solar panels installed on rooftops are the most popular in Singapore at the moment. There is work being done to create photovoltaic cells that are positioned on top of water reservoirs, to further utilize available space. The UWC campus has also pitched in, helping with the only global tests that are looking at the use of cooling spaces with solar power.
The country is moving forward on all gears in order to build systems that can utilize solar energy despite erratic weather. If successful, countries with clear skies will be able to produce solar energy faster and in greater quantities. Singapore has also put in a stake in electricity based vehicles and national smart grids that will manage clean energy requirements.
The Eco-Town Punggol is one of these ventures, a residential area that runs on sustainable practices, use of clean energy and test models that boost solar leasing. This has been done to reduce the cost of using sustainable technology and attract more users.
Each growing industry in Singapore is being tied to renewable power solutions. The financial sector is a new adopter of solutions. One of these is known as power-wheeling, which allows usage of solar energy that was created away from the location of use.
In the years to come, the adundance of renewable resources in Asia will play an important role in creating sustainable solutions. Singapore is ahead of the curve and is set to help their neighbors in adopting the technology needed to increase green energy usage. It has started by welcoming many globally known companies that deal with both solar and wind based energy. Native companies are also starting R&D in order to create their own brand of solutions for the public.
By and large, Singapore is sure to provide the answers needed for renewable energy to provide for energy needs.

 

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