As articles on China passing new regulations, to reduce dependence on coal and move to a cleaner economy, fill the media websites, it seems like the Climate Summit at least succeeded in creating a strong sense of urgency to cut down emissions amongst nations. The Wall Street Journal article says, “Coal currently accounts for 70% of China’s total energy use. China wants to increase use of renewable-energy sources to 15% of its total by 2020, up from 9% last year.” China was rebuked during the Climate Summit, particularly by the US and some other nations, for not agreeing on binding commitments with the excuse of being “a developing country” and not acknowledging it’s growing contribution to global emissions. Though the Chinese do not agree to making legal commitments, moves to shift towards renewable sources is quintessential for a fast developing nation like China.

An old article on Renewable Energy World said that by 2012, India expects renewable energy to contribute 10% of total power generation capacity. It said, “According to the 11th New and Renewable Energy five-year plan proposed by the government of India, from 2008-2012 the renewable energy market in India will reach an estimated US $19 billion…….Wind energy is expected to add more than 10,000 MW of additional capacity by 2012, followed by small hydro (1,400 MW), co-generation (1,200 MW) and biomass (500 MW).” I am not sure how far have we come in implementing our plan, there certainly seems to be a sense of fast action towards cleaner sources.

Another article on Sify Business says that India Energy Limited is planning to invest around 120 million pounds in India to set up wind farms with a total capacity of 300 MW by 2013. The first wind farm would be set up in Karnataka.

If what I am sensing is right, India and China moving towards renewable energy is great news! We have a lot of lessons to learn from countries like Denmark which have made successful shifts towards renewable energy sources and in Denmark, wind energy now contributes a significant portion of electricity production. During my ‘Wind Tour’ in Copenhagen, I saw the majestic turbines and believe me or not, anyone would be awed by their sheer presence.