‘Switch to Renewable Power Before You’re Forced to’ (Korea Times)

[jpak]

http://times.hankooki.com/lpage/biz/200610/kt2006103115081411910.htm

The world is slowly but steadily shifting from fossil fuels toward renewable energies. It is unavoidable for related industries to fit themselves into the wind of change or otherwise fade away, said Lee Hyun-seung, chief of GE Energy Korea.

``If a company does not take action beforehand, it will inevitably fall behind the trend,’’ he said. ``It is most important to realize how the world is changing, and to take the appropriate initiative.’’

GE is a giant in the traditional power industry and it also is one of biggest players in the wind and solar power sector. Last month, it was selected for Asia’s largest solar power project, which is a 3-megawatt facility to be constructed at Yongkwang, South Cholla Province. It has been working together with two Korean firms _ Doosan for power generators and Taewoong for wind turbines.

Lee, who worked at the Ministry of Finance and Economy until 2001, points out that most developed nations are gradually switching from coal and oil power to nuclear and renewable energies in accordance with the Kyoto Protocol. Even the richest oil producing nations take such a trend for granted, he said.

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