Tuesday, October 5, 2010

Europe leads the way of global green energy revolution

Europe plays the leading role as for innovation in the clean energy sector: according to a recent study, three European countries are among the six nations dominating the green energy technology revolution in the world.

According to a comprehensive new study by the European Patent Office (EPO), Germany, France and the UK join Japan, the US and South Korea in leading the emerging green tech revolution, filing 80% of all patent applications in the field, EurActiv.com reported.

EPO Chief Benoit Battistelli said China, India and Brazil are catching up quickly and have ramped up their efforts in niche clean tech sectors. China is now the major player in the wind energy sector, despite having published very few patents in this industry until five years ago.

"In wind energy, China has gone from being nowhere five years ago to being the leading player globally. For India and Brazil, photovoltaic technology and hydropower are the major sources of patents," said Battistelli.

The study by the EPO, the UN Environment Programme, and the International Centre for Trade and Sustainable Development, reveals a surge in new patent applications in the clean energy sector following the Kyoto protocol.

Battistelli said political signals can help spur investment by industry in low-carbon technology, arguing that a future deal on climate mitigation could generate a new wave of innovation in the energy sector.

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