10/06/2009

Portugal Leads Europe on the Clean Charge


Portugal, without its own oil, coal or gas and with no expertise in nuclear power, is pitching to lead Europe's clean-tech revolution with some of the most ambitious targets and timetables for renewables. Its intention, the economics minister, Manuel Pinho, said, is to wean itself off oil and within a decade set up a low carbon economy in response to high oil prices and climate change.

"We have to reduce our dependence on oil and gas," said Pinho. "What seemed extravagant in 2004 when we decided to go for renewables now seems to have been a very good decision."

He expects Portugal to generate 31% of all its energy from clean sources by 2020. This means lifting its renewable electricity share from 20% in 2005 to 60% in 2020, compared with Britain's target of 15% of all energy by 2020. Having passed its target for 2010 it could soon top the EU renewables league.