Coal Market Opportunities
represents the largest market for coal technology with coal supplying
75% of China's enery needs and a projected power growth of 15
gigawatts (75,200 MW plants) per year. If U.S. clean coal technologies
can capture just 20% of the new annual coal ca pacity additions
in China, it would translate to well over $2 billion in annual
sales with a commensurate creation of new U.S. jobs. Clean coal
technologies can assure that these energy needs are met in an
environmentally clean and efficient manner.
The primary barrier to the introduction of any new technology
domestically or globally is economics and financing. Another is
the risk associated with making inverstments in projects in countries
with major market instability and the uncertainty associated with
deploying a U.S. technology on foreign soil with foreign coals
and foreign operational practices. A continuing problem is also
associated with intellectual property protection.
The establishment of a
Center in China that would provide information on the advantages,
capability and performance of U.S. clean coal technologies could
facilitate the selection of U.S. technologies and U.S. companies.
DOE participation could help "open doors" for U.S. companies
and assist in identifying market opportunities for U.S. firms
in the clean coal and environmental sectors. It would facilitate
bringing the Chinese buyers together with the U.S. sellers and
assist in securing financing.
The China/US Energy and
Environment Technology Center would be located in Beijing and
would be cooperatively funded by U.S. industry, Chinese government
agencies, and selected university participants. The Center will
provide training and educational programs related to environmental
policies; provide information for dissemination on the capability
and performance of U.S. technologies; identify market opportunities
for U.S. firms in the energy and environment sectors; and provide
access to experts for assessing technology opportunities through
the performance of joint Sino/U.S. studies, and information exchange
in energy and environment related conferences and workshops.
The Center will provide an opportunity for the U.S. Government
to have studies performed in country by members of the Center
fully knowledgeable in the specific issues representatives. The
U.S. Government funds provided to the Center will be used specifically
for supporting defined tasks and issues of interest related to
opportunities for U.S. energy and environment technology and equipment
suppliers to compete in developing market opportunities in China.
Before a project is pursued through the Center, a basic requirement
of participation by a U.S. entity (non-federal government) and
a Chinese organization must be fulfilled. Funding and/or in-kind
contributions by U.S. and Chinese participants will ensure that
worthwhile projects are being implemented. Activities of the Center
are to be evaluated on a regular basis by the U.S. government,
Chinese organizations and other participants as well as the usefulness
of continuing the Center's operation after the first year.