The U.S. and China have started a series of joint-initiatives and exchanges in the area of clean energy. Most recently , President Barack Obama and President Hu Jintao announced the launch of a new U.S.-China Renewable Energy Partnership on 17 November 2009. Activities under this partnership will include:
Renewable Energy Roadmapping : The U.S. and China will develop a roadmap for wide-spread renewable energy deployment in both countries and identify the policy and financial tools, grid infrastructure and technology solutions required to achieve that goal.
Regional Deployment Solutions : The Partnership will provide technical and analytical resources to states and regions in both countries to support wide-spread renewable energy deployment and facilitate state-to-state and region-to-region partnerships to share experience and best practices.
Grid Modernization : The Partnership will include an Advanced Grid Working Group bringing together policymakers, regulators, industry leaders and civil society from the U.S. and China to develop strategies for grid modernization in both countries.
Advanced Renewable Energy Technology : The U.S. and China will collaborate in the research and development of advanced biofuels, solar, wind, and grid technologies and work together to demonstrate pre-commercial renewable energy solutions.
Public-Private Engagement : The Partnership will engage the private sector in promoting renewable energy and expanding bilateral trade and investment through a new U.S.-China Renewable Energy Forum that will be held annually, rotating between the two countries.
Develop a framework for effectively linking Finnish renewable energy stakeholder with U.S. companies and other entities that are pursing collaborative ventures & business in China’s energy sector, either through the U.S.-China Renewable Energy Partnership or through pre-existing relationships and initiatives.
Define ways in which Finnish companies that are already present in China and the US can get faster access to either of these markets.
Capitalize on the existing networks to integrate Finnish start-ups to U.S.-China renewable energy technology innovation/production networks and market opportunities.
Establish an ongoing relationship with Finnish interest relevant to renewable energy projects in the U.S. And China for the purpose of extending proactive promotion of Finnish innovation and know-how after this project is completed.
Define the purpose, organization and U.S. stakeholders in the emerging U.S.-China clean energy cooperation initiatives – i.e., U.S.-China Renewable Energy Partnership, U.S.-China Environmental Partnership Program (USAID), U.S.-China Cooperation on Electricity from Renewables (U.S. Government, Google, etc.), U.S.-China Clean Energy Forum (U.S. Congress), and U.S.-China Clean Energy Research Center (U.S. DOE).
Indentify U.S. entities that are active or interested in pursuing renewable, clean and efficient energy projects in China, either through the above initiatives or through other means.
Develop global value/supply chains for each of the U.S. energy business segments of interest – e.g., renewables , smart grid, etc. – noting horizontal and vertical players, modelling the related decision processes, and indentifying the ‘gatekeepers.’
Perform an in-depth desktop review of above identified stakeholders and companies, describing their offerings, plans, timing of actions and key contacts.
Conduct written & electronic communications and/or face-to-face meetings with above key contacts, clarifying the potential for linking Finnish know-how with U.S. projects in China and mapping the process for becoming a qualified partner.
Hold Joint-Status meeting with FinNode and Finpro USA and China to share information and findings and ensure the two projects are complementing each other.
Activities will be coordinated with FinNode USA and will involve two field trips to FinNode USA’s Santa Clara office in order to conduct face-to-face project reviews as well as to facilitate new plans and actions when new information emerges. During these trips, FinNode and Finpro will jointly make contact with important U.S. Interests in the Silicon Valley Region that are relevant to the US-China Renewable Energy Partnership.
A Tekes Helsinki/FinNode USA/Finpro USA Signal Session will kick-of an informal planning meeting on 5 February 2010, with the first formal meeting held on 17 February 2010. The Signal Session will be held every three-to-four months. The progress of the FinNode Project, Renewable Energy – US and China, will be presented to invited Finnish customer companies and other interested parties, who will be encouraged to offer their ideas and opinions on the project’s ongoing work. This will allow Tekes, FinNode USA and Finpro USA to establish a US-Finland knowledge network, enabling an active dialogue with relevant Finnish interests throughout the project’s lifecycle and allowing the project to be adjusted to specific stakeholder needs. It will also provide a basis for developing potential customer relationships for the new Tekes Groove - Renewable Energy Technology Program .
Activities in the project will be coordinated with other ongoing Finpro projects that are relevant to the USA and China – e.g., Smart Grid.
Finpro will be available to present the preliminary findings and the final report at Tekes-sponsored events in Finland and the USA as they become known during 2010.