The government is set to aggressively target the Australian market, which is rapidly expanding its share of renewable energy generation. Plans are underway to connect domestic green companies with local firms to uncover new export opportunities in technologies such as hydrogen production, AI-based energy management, waste heat utilization, and battery material remanufacturing.
The Ministry of Climate, Energy, and Environment announced that from October 26 to 31, it will operate the '2026 Australia Green Energy Industry Market Development Group' in Melbourne. This initiative is being conducted in collaboration with the Korea Trade-Investment Promotion Agency (KOTRA), the Korea Environmental Industry Association, and POSCO International. Eight domestic green companies will participate, engaging in export consultations with local buyers and exploring opportunities for technological cooperation.
The government's focus on Australia as a target for green industry exports is driven by the country's renewable energy transition policies. Australia aims to generate 82% of its electricity from renewable sources by 2030, leveraging its abundant sunlight and wind resources. The state of Victoria, where the event will take place, is also pursuing a plan to increase its renewable energy generation share to 95% by 2035.
As the adoption of renewable energy increases, demand for technologies that enhance power supply stability and energy efficiency is expected to grow. In response, the government plans to support domestic green companies in securing export opportunities in areas such as energy storage, demand management, building energy optimization, reducing power loss, and resource recycling.
The 'All Energy Australia 2026' exhibition will take place at the Melbourne Convention and Exhibition Centre from October 28 for two days, featuring a Korean pavilion. The eight participating domestic companies will showcase their products and technologies to local buyers and engage in one-on-one export consultations.
Among the participating companies, Lightbridge will present integrated solutions for hydrogen production and charging, while Nine Watt will showcase interactive building energy analysis services. Cloud & will introduce an energy management platform utilizing AI-based facility optimization technology.
World Energy will display heating and cooling systems that utilize waste heat, and ENFOS will present technology aimed at minimizing power loss. Airlane will showcase gas separation membrane technology, and ABR will introduce remanufactured anode and cathode materials. Turbo Win plans to present turbo blowers and compressors that enhance energy efficiency.
Wonkwang S&T will participate in the exhibition separately from the Korean pavilion and will receive government support for export consultations, focusing on recycling technologies for solar panel waste and electric vehicle batteries.
As Australia increases its share of renewable energy generation, the importance of technologies that efficiently utilize produced electricity and manage supply stability will also rise. Therefore, this market development group will focus on introducing domestic technologies related to hydrogen production, energy efficiency, and battery resource recycling, rather than solely on solar and wind power generation facilities.
The government will also host the 'Korea-Victoria Energy Forum' on October 29. The event will involve the Ministry of Climate, the Korean Consulate in Melbourne, the Korea Environmental Industry Association, POSCO International, and the Victorian government. The forum will share insights on local energy market trends, with four domestic companies—Lightbridge, World Energy, Turbo Win, and ABR—presenting their technologies in hydrogen, energy efficiency, and resource recycling.
Kim Ji-young, the international cooperation officer at the Ministry of Climate, stated, "Australia's expansion of renewable energy and energy transition can provide new overseas opportunities for our green companies. We will actively introduce domestic green technologies that meet local market demands and support collaboration with local institutions and companies to facilitate our companies' exports and the discovery of new business opportunities."
* This article has been translated by AI.
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