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How much does the world relies on renewable energies today? And India?

December 4, 2015
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On November 30th, Narendra Modi, Indian prime minister and François Hollande, president of France, launched together the “International Solar Alliance”. With the aim of providing developing countries with the technology for exploiting solar energy, Modi is heading an alliance of over 120 countries, situated in between the two tropics.

 

But how much does the world relies on renewable energies today?  And India? Why is Modi so interested in becoming the promoter of this international effort?

 

 

Renewable energies,  those energies that belong to natural process that take less to be regenerated than to be consumed, are increasing their importance in the world, today. If in 2013, this type of commodities accounted for 22% of the world energy production, this figure is expected to rise to 26% by 2020. China will account for around 40% of the production.

 

Today, with a population of over one billion people, India is also one of the biggest consumers of energy in the world. It has a consumption of more than 100 mtoe (Million tons of oil equivalent) of coal per year, thus being ranked as the second world consumer. However it is also the second country in the world for renewable production, even though when we talk about the share of energy made by renewable, India’s position drops to the 66th place, with just 39% of its energy being made in this way.

 

It’s therefore clear how India, already a big exporter of this kind of energy, aims at having its role of clean energy country recognized also by the international community, on a more political and diplomatic level.

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