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    23% FRANCE Aims to meet its targets through domestic efforts alone, including cutting energy use in buildings by around 38%. 15% INDIA India's renewable energy budget for 2010 is Rs 1,000 crore, while it spent $32. Billion on oil imports in the first quarter of this fiscal year. 49% SWEDEN Has reached a milestone of 44.4%, and plans to become completely oil-independent by 2020 without adding any nuclear power plants.

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    23% FRANCE Aims to meet its targets through domestic efforts alone, including cutting energy use in buildings by around 38%. 15% INDIA India's renewable energy budget for 2010 is Rs 1,000 crore, while it spent $32. Billion on oil imports in the first quarter of this fiscal year. 49% SWEDEN Has reached a milestone of 44.4%, and plans to become completely oil-independent by 2020 without adding any nuclear power plants.

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    77 views1 page

    Olb Page10 201016

    Uploaded by

    OutlookMagazine
    23% FRANCE Aims to meet its targets through domestic efforts alone, including cutting energy use in buildings by around 38%. 15% INDIA India's renewable energy budget for 2010 is Rs 1,000 crore, while it spent $32. Billion on oil imports in the first quarter of this fiscal year. 49% SWEDEN Has reached a milestone of 44.4%, and plans to become completely oil-independent by 2020 without adding any nuclear power plants.

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    of 1

    TAKE 1

    ENERGY

    Energising Earth
    Depletion of fossil fuels and climate change concerns along with increasing
    energy requirements are forcing nations to look at renewable sources of energy.

    18%
    23% GERMANY
    Expects to exceed this target 15%
    FRANCE by meeting 19.6% of its energy
    Aims to meet its targets through demand from renewable sources by INDIA
    domestic efforts alone, including 2020. This potential surplus can India’s renewable energy budget for
    cutting energy use in buildings then be distributed among EU 2010 is Rs 1,000 crore, while it spent
    by around 38%. It also aims to countries that fail to reach $32.94 billion on oil imports in the
    have about 2 million electric their targets. first quarter of this fiscal year. India’s
    vehicles on its roads present RE capacity is 17.2 GW,
    by 2020. which it aims to increase to 47
    GW over the next
    five years.

    49%
    SWEDEN
    Has reached a milestone of
    44.4%, and plans to become
    15%
    completely oil-independent by
    CHINA
    Invested $34.6 billion to emerge
    2020 without adding any
    as the leading investor in clean
    nuclear power plants.
    energy technologies in 2009,
    and is also the world’s
    largest manufacturer of
    solar panels.

    17%
    ITALY
    Will need to import 4 million
    tonnes of oil equivalent (toe) of
    20%
    RE from Switzerland, North
    AUSTRALIA
    An A$40 million initiative proposed
    Africa and the Balkans,
    by the Labour Party as part of its
    including 2.9 million toe
    election campaign, which would
    of biofuels.
    have supported technologies in RE,
    especially wave and geothermal
    energy, is in danger as no party
    (Figures in green indicate targets in % of energy requirements
    won a majority in the
    to be met by renewable energy (RE) by 2020) August elections.
    The map is for illustration purposes only.

    —Compiled by Shruti Yadav


    Email us at business@outlookindia.com
    or SMS OLB <feedback> at 575758. PAGE DESIGN BY MANISH MARWAH

    10 OutlookBusiness > October 16, 2010

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