Brussels, 30/05/2003 (Agence Europe) - On Tuesday the European Wind Energy Association (EWEA) and the non governmental organisation, Greenpeace submitted a feasibility study on wind power up to 2020. According to this study, wind could supply 12% of world electricity by this date.
Although wind energy could supply 12% of electricity by 2020, the study believes that it could also create 1.79 million jobs, as well as a 40% reduction in electricity costs and 10.921 million tons of Co2. However, the study reckons that this well need action both nationally and internationally. At a national level: compulsory objectives for promoting renewable energies; guaranteeing returns of safe investments, reforms of the electricity markets, notably by putting an end to the distortions of competition created by subsidies to nuclear and fossil fuels and by internalising the environmental and social costs off polluting energies. At an international level: ratification of the Kyoto Protocol; increasing the percentage of loans to renewable energies in the overall amounts of loans to the energy sector from the international financial institutions. (EU) main european activities from 1 - 9 june 2003