PRESS RELEASE : UK companies explore clean energy opportunities in Australia [August 2023]
The press release issued by the Department of Business and Trade on 24 August 2023.
The UK government has today begun its first Clean Energy Trade Mission to Australia.
Ten UK companies are travelling to Western Australia and Victoria to explore and engage with Australian business and partners as Australia moves towards net zero.
The Mission will showcase the technology, companies and research projects that are redefining the energy sector. Representatives from ten organisations which between them cover a range of specialisms including wind power and support, resilience consulting, fuel cell technologies, hydrogen system integration and deep sea robotics and engineering. Attendees will have the chance to connect with like-minded companies and explore avenues for joint ventures, investment opportunities, collaboration and innovation.
With COP28 just a few months away, the Clean Energy Trade Mission is another example of the UK and Australia working together on the shared challenge to limit the Earth’s warming to 1.5 degrees Celsius. It comes as the UK continues to invest in the industries of tomorrow. £600 billion has been committed to the Green Industrial Revolution. The UK continues its climate leadership through the Plan for Growth.
At the same time, our new UK-Australia Free Trade Agreement offers smoother trade and investment between our countries – zero tariffs, easier business travel and reduced red tape. This generates enormous opportunities for business and investors in our two markets.
Louise Cantillon, HM Deputy Trade Commissioner for Australia said:
I’m delighted to welcome the first UK Clean Energy Trade Mission to Australia. This mission showcases phenomenal UK companies who are using the latest technology to deliver cleaner, greener energy and support the transition needed to reach net zero.
Clean Energy continues to be a key priority of the UK government with significant opportunities for investment in flagship projects and exporting key innovation and technology expertise. Together we can usher in a new era of renewables that will reduce the cost of going green and expedite a low carbon economy.
The Australian Government has recently committed to investing $4 billion to become a renewable energy superpower and invested $2 billion in Hydrogen Headstart, a new program to support hydrogen production.
There will be sessions with leaders in clean energy sectors, such as off-shore wind specialists, environmental consultants, marine technology companies and several more. The wealth of knowledge and opportunity offered by the Clean Energy Trade Mission marks our excitement for what can be a cleaner, more sustainable future.
