Wednesday, May 19, 2010

United States and Indonesia to Explore Clean Energy Opportunities

United States Secretary of Commerce Gary Locke and a select group of ten US business leaders are scheduled to visit Indonesia May 25-26. This is the Obama Administration's first cabinet-level trade mission to Indonesia. The US delegation will engage with Indonesian officials and private sector representatives on advancing bilateral trade in clean energy development.
US participating firms include Capstone Turbine Corporation, Caterpillar, Echelon Corp., Emerson Electric, General Electric Company, Lockheed Martin Global, Inc., Oshkosh Corporation, Peabody Energy, Pratt & Whitney Power Systems, Inc., and Prime Engineering, Inc.
The Indonesian government expects a 56 percent increase in overall energy investments by 2014. Indonesia’s strategic setting in Asia and its emerging domestic market offer significant commercial opportunities for the US clean energy industry. For the American companies, this is an ideal opportunity to meet key Indonesian decision-makers in the public and private sectors and to learn more about energy related needs and challenges in Indonesia.
While the world is in favor of clean energy, it is yet to be proven that clean energy sources such as wind and solar can generate significant amounts of power without significant increases in costs to the consumer. The last time I checked Indonesia was still one of the poorest countries in the world. While this trade delegation makes good press, will it really accomplish anything? What do you think?

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