The NSW Government and Denmark have signed an initial agreement to share research on strategies to transition their respective economies to net zero greenhouse gas (GHG) emissions by 2050, according to Argus Media.
The agreement will support collaboration between the governments of NSW and Denmark on innovation, policy and program design and trade, investment and technology transfer, said NSW energy minister Matt Kean.
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“By sharing our knowledge we can accelerate our progress towards net-zero emissions by 2050 and set ourselves up to prosper in the global economy of the future,” he said.
Denmark is a world leader in clean energy, with wind and solar supplying 50 per cent of Denmark’s electricity. Danish companies are also at the forefront of global clean energy technology development.
“This MoU provides a framework not only for New South Wales to learn from Denmark, but for Denmark to benefit from our experiences developing Renewable Energy Zones, the Peak Demand Reduction Scheme and the Energy Security Safeguard,” Kean said.
NSW has ambitions to be a significant producer of hydrogen from renewable sources. NSW received more than A$4bn ($3bn) in potential investment proposals in March, in response to a call for expressions of interest for a proposed hydrogen hub.
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“New South Wales and Denmark already have ambitious policies in place to decarbonise our electricity grids but we can learn from each other’s experiences and address some of our trickiest challenges together,” Danish ambassador to Australia Pernille Dahler Kardel said.
The NSW Hydrogen Strategy sets out New South Wales’ ambition to become a global hydrogen leader, while Denmark is looking to export its wind-generated power by building two ‘energy islands’ in the North Sea.
