who is winning the clean energy race, 2012

Upload: pewenvironmentgroup

Post on 05-Apr-2018

249 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    1/56

    M F B V B C G

    44

    VNM@OMDGMGMZARZD@M3

    QNCPQBGGBGA

    A ) : 8 B G U M P V I M G V X C Q M Z B G A E C Z Q D Z F

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    2/56

    VNM XMQ @NDZBVDJOM VZ]PVP

    Vnm Xmq @ndzbvdjom Vz}pvp dxxobmp vnm xcqmz ce

    kgcqomfam vc pcoum vcfdrp icpv ndoomgabga

    xzcjomip' Xmq mixocrp d zbaczc}p/ dgdorvb`do dxxzcd`nvc bixzcum x}job` xcob`r/ bgeczi vnm x}job`/ dgf

    pvbi}odvm bub` obem' Qm xdzvgmz qbvn d fbumzpm zdgam ce

    fcgczp/ x}job` dgf xzbudvm czadgb|dvbcgp/ dgf

    `cg`mzgmf bvb|mgp qnc pndzm c}z ciibvimgv vc

    ed`v)jdpmf pco}vbcgp dgf acdo)fzbumg bgumpvimgvp vc

    bixzcum pc`bmvr' Ecz dffbvbcgdo bgeczidvbcg cg Vnm Xmq

    @ndzbvdjom Vz}pvp/ xomdpm ubpbv qqq'XmqVz}pvp'cza'

    VNM XMQ MGUBZCGIMGV AZC]X

    Qm qczk aocjdoor vc mpvdjobpn xzdaidvb`/ p`bmg`m)jdpmf

    xcob`bmp vndv xzcvm`v c}z c`mdgp/ xzmpmzum c}z

    qbofodgfp dgf xzcicvm vnm omdg mgmzar m`cgcir

    Lcpn}d Zmb`nmzv/ Idgdabga Fbzm`vcz

    Xnroobp @}vvbgc/ Xzcazdi Fbzm`vcz

    Lcpmxn Fccomr/ Pmgbcz Dppc`bdvm

    Lmppb`d Ezcnidg O}jmvpkr/ Pmgbcz Dppc`bdvm

    Od}zd Obanvjcfr/ Idgdamz

    L}obd Zcvcgfc/ Emoocq

    Ecz dffbvbcgdo bgeczidvbcg cg vnm Xmq MgubzcgimgvAzc}x/ xomdpm ubpbv qqq'XmqMgubzcgimgv'cza'

    DJC]V VNM ZMXCZV

    Qncp Qbggbga vnm @omdg Mgmzar Zd`m3 :844 Mfbvbcg qdp

    fmumocxmf ecz x}job` bgeczidvbcgdo dgf mf}`dvbcgdo

    x}zxcpmp' Bv bp dg }xfdvm ce Vnm Xmq @ndzbvdjom Vz}pvp

    mdzobmz zmxczvp vzd`kbga :882 dgf :848 `omdg mgmzar

    bgumpvimgvp bg vnm c}gvzbmp vndv idkm }x vnm Azc}x

    ce Vqmgvr .A):8"'4 Xmqp bgvmzgdvbcgdo bgumpvimgv

    zmpmdz`n cixomimgvp cgacbga mczvp jr vnm Xmq

    Mgubzcgimgv Azc}x dgf vnm Xmq @mgvmz cg vnm Pvdvmp

    vc nzcgb`om vnm m~vmgv ce lcjp/ j}pbgmppmp/ dgf

    bgumpvimgvp bg Dimzb`dp omdg mgmzar m`cgcir'

    ]gfmzorbga fdvd ecz vnbp zmxczv qmzm cixbomf ecz vnm

    Xmq Mgubzcgimgv Azc}x jr Joccijmza Gmq Mgmzar

    Ebgdg`m/ vnm qczofp omdfbga xzcubfmz ce gmqp/ fdvd/

    dgf dgdorpbp cg `omdg mgmzar dgf `dzjcg idzkmv

    gdg`m dgf bgumpvimgv' Joccijmza Gmq Mgmzar

    Ebgdg`mp aocjdo gmvqczk ce :88 pvd oc`dvmf d`zcpp

    M}zcxm/ vnm Dimzb`dp/ Dpbd/ dgf Dezb`d cgvbg}c}por

    icgbvcz idzkmv ndgamp/ fmdo cq/ dgf gdg`bdo

    d`vbubvr/ doocqbga bgpvdgvdgmc}p vzdgpxdzmg`r bgvc vnm

    `omdg mgmzar dgf `dzjcg idzkmvp'

    D e}oo fmp`zbxvbcg ce vnm imvncfcocar dgf xdzdimvmzp

    mixocrmf ecz vnbp zmxczv dg jm ec}gf bg Dxxmgfb~ BB'

    D@KGCQOMFAIMGVP

    Qm dzm azdvme}o vc c}z zmpmdz`n coodjczdvczp dv

    Joccijmza Gmq Mgmzar Ebgdg`m/ omf jr Mvndg \bgfomz/qbvn Gb`com Dpxbgdoo/ Dggd @|dlkcqpkd/ Djzdndi Oc}q/

    O}km Iboop/ Pndgvdg} Ldbpqdo/ Lmppb`d Ga/ Kcjdf

    Jndugdazb/ Idaabm K}dga/ R}ac Gdkdi}zd/ Vdzrg

    Qbokbgp/ Rdrcb Pmkbgm/ Gb`c Vrdjlb/ dgf m~vmgf pxm`bdo

    vndgkp vc Ib`ndmo Obmjzmb`n' Qm qc}of dopc obkm vc

    vndgk c}z Xmq coomda}mpVzd`r P`ndzbc/ Krijmzor

    Mp`cjdz/ Xmvm Ldgn}gmg/ Pndggcg Vmzgmp/ @dzco

    N}v`nbgpcg/ Ob| Ubppmz/ dgf Lmzzr Vrpcg dp qmoo dp

    Lcgdvndg Zb`n ce L@Z @cii}gb`dvbcgp' Qm vndgk Do|bzc

    Jzdad Azdxnb` Fmpbag dgf L}dg Vncidppbm ecz azdxnb`

    dppbpvdg`m dgf Fdubf Ndzqccf ce Accf Qczkp Azc}x

    ecz nbp qczk bg xzmxdzbga vnbp zmxczv'

    @cxrzbanv :84: Vnm Xmq @ndzbvdjom Vz}pvp

    @cumz xncvc zmfbvp

    4 ) Omev< Dxcpvzcxnm Xzcf}`vbcgp # Amvvr Bidamp

    : ) Zbanv< Xmfzc @dpvmoodgc # Amvvr Bidamp

    4 Vnm Azc}x ce Vqmgvr qdp mpvdjobpnmf bg 4222 vc jzbga vcamvnmz omdfbga bgf}pvzbdob|mf dgf fmumocxbga m`cgcibmp vc fbp`}pp kmr aocjdo m`cgcib` bpp}mp'

    Vnm A):8 bp idfm }x ce vnm gdg`m ibgbpvmzp dgf `mgvzdo jdgk acumzgczp zmxzmpmgvbga vnm M}zcxmdg ]gbcg dgf 42 c}gvzbmp< Dzamgvbgd/ D}pvzdobd/ Jzd|bo/

    @dgdfd/ @nbgd/ Ezdg`m/ Amzidgr/ Bgfbd/ Bgfcgmpbd/ Bvdor/ Ldxdg/ Im~b`c/ Z}ppbd/ Pd}fb Dzdjbd/ Pc}vn Dezb`d/ Pc}vn Kczmd/ V}zkmr/ vnm ]gbvmf Kbgafci/ dgf vnm

    ]gbvmf Pvdvmp' Gc fdvd dzm xzcubfmf ecz Z}ppbd dgf Pd}fb Dzdjbd jm`d}pm `omdg mgmzar bgumpvimgv vnmzm bp gmaobabjom'

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    3/56

    @CGVMGVP

    M^M@]VBUM P]IIDZR

    KMR EBGFBGAP

    Aocjdo Bgumpvimgv Azcqp vc Zm`czf &:50 Jboobcg

    Vnm ]gbvmf Pvdvmp Xzcxmop Zmabcgdo Azcqvn bg

    vnm Dimzb`dp

    Pcodz Bgumpvimgv Pcdzp vc Zm`czf Omumop

    Fmxocrimgv Fcibgdvmp Bgumpvimgv Xzbczbvbmp

    Bgpvdoomf @omdg Mgmzar @dxd`bvr Pcdzp cg Xzb`m

    Fm`obgmp

    Vnzmm)T}dzvmzp c Pvbi}o}p E}gfbga cz @omdg

    Mgmzar Pxmgv Vnzc}an :844

    QNCP QBGGBGA VNM @OMDG MGMZAR

    ZD@M3

    ]gbvmf Pvdvmp Zm`odbip Qczofqbfm Omdf bg @omdg

    Mgmzar Bgumpvimgv

    Bgumpvimgv Azcqvn bg @nbgd Pocqp

    Pcodz Fmxocrimgv bg Amzidgr @cgvbg}mp

    Bvdorp Pcodz Bgumpvimgvp Pcdz

    Bgfbd @cgvb}mp vc Mimzam dp d @omdg Mgmzar

    Omdfmz

    ]gbvmf Kbgafci Bgumpvimgv Zmjc}gfp

    EBGDG@BGA VRXMP DGF VZMGFP

    Djc}v vnm Bgumpvimgv Fdvd

    Dppmv Ebgdg`bga

    Pidoo Fbpvzbj}vmf @dxd`bvr

    X}job` Idzkmv Ebgdg`bga

    :

    5

    5

    1

    >

    2

    44

    4:

    46

    41

    4>

    42

    :8

    :8

    :4

    ::

    ::

    :0

    :=

    :5

    QNCP QBGGBGAVNM @OMDG MGMZAR ZD@M3 MFBVBCG

    A):8 BGUMPVIMGV XCQMZBGA ECZQDZF

    Umgv}zm @dxbvdo#Xzbudvm Mt}bvr Ebgdg`bga

    Bgpvdoomf Zmgmqdjom Mgmzar @dxd`bvr

    A):8 Pvbi}o}p E}gfbga cz @omdg Mgmzar

    DXXMGFB^ B< OBPV CE EBA]ZMP

    DXXMGFB^ BB< IMVNCFCOCAR

    @C]GVZR XZCEBOMP

    Dzamgvbgd

    D}pvzdobd

    Jzd|bo

    @dgdfd

    @nbgd

    Ezdg`m

    Amzidgr

    Bgfbd

    Bgfcgmpbd

    Bvdor

    Ldxdg

    Im~b`c

    Pc}vn Dzb`d

    Pc}vn Kczmd

    Pxdbg

    V}zkmr

    ]gbvmf Kbgafci

    ]gbvmf Pvdvmp

    Cvnmz M]):1

    :>

    :2

    08

    0:

    00

    06

    0=

    05

    01

    0>

    02

    68

    64

    6:

    60

    66

    6=

    65

    61

    6>

    62

    =8

    =4

    =:

    44

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    4/56

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G:

    : Doo icgmvdzr udo}mp dzm :844 ]gbvmf Pvdvmp fcoodzp .]PF" }gompp cvnmzqbpm gcvmf' Vnbp a}zm bg`o}fmp doo bgumpvimgv/ x}job` dgfxzbudvm .bg`o}fbga zmpmdz`n dgf fmumocximgv"/ bg A):8 dgf gcg)A):8 c}gvzbmp'

    M^M@]VBUM

    P]IIDZR@cixdgbmp dgf `c}gvzbmp ndum m~xmzbmg`mf }xp dgf fcqgp bg vnm qczof)qbfm `omdg mgmzar zd`m bg zm`mgv rmdzp/ dgf :844 qdp gc m~`mxvbcg' Ecz

    `cgp}imzp/ ncqmumz/ vnm `omdg mgmzar zd`m ndp jmmg `cgpbpvmgvor xcpbvbum/

    fzbubga fcqg xzb`mp dgf bgvmzlm`vbga gmq zmgmqdjom mgmzar `ncb`mp bgvc

    d idzkmvxod`m fcibgdvmf jr mgv}zr)cof vm`ngcocabmp' Xzb`m cixmvbvbcg

    bp vnm fmgbga `ndzd`vmzbpvb` c vnm `omdg mgmzar zd`m bg :844/ px}zzbga

    bgumpvimgv dgf fmxocrimgv/ bg`zmdpbga aocjdo `omdg mgmzar `dxd`bvr/ dgf

    `zmdvbga cxxczv}gbvbmp cz bggcudvczp/ mgvzmxzmgm}zp/ dgf qczkmzp'

    Vnbp zmxczv m~dibgmp kmr gdg`bdo/ bgumpvimgv/

    dgf vm`ngcocab`do vzmgfp bg :844 zmodvmf vc vnm

    `omdg mgmzar m`cgcir c A):8 imijmzp' C}z

    xzbidzr c`}p bp cg bgumpvimgv/ qnb`n fzbump

    bggcudvbcg/ ciimz`bdob|dvbcg/ idg}d`v}zbga/

    dgf bgpvdoodvbcg c `omdg mgmzar vm`ngcocabmp'

    Vnm fdvd ndum jmmg `cixbomf dgf zmubmqmf jr

    Xmqp zmpmdz`n xdzvgmz/ Joccijmza Gmq Mgmzar

    Ebgdg`m/ d idzkmv zmpmdz`n zi c`}pmf cg

    zmgmqdjom mgmzar'

    C}z zmpmdz`n fmicgpvzdvmp vndv omdg mgmzar

    bgumpvimgv cgvbg}mf d gmdz)fm`dfm)ocga zdoor

    bg :844/ zbpbga 5'= xmz`mgv vc d zm`czf &:50jboobcg': M~`o}fbga zmpmdz`n dgf fmumocximgv/

    bgumpvimgv bg vnm pm`vcz bp iczm vndg 588

    xmz`mgv nbanmz vndg bg :886' Vnm A):8

    imijmz c}gvzbmp cgvbg}m vc fcibgdvm

    vnm pm`vcz/ d``c}gvbga cz 2= xmz`mgv c doo

    aocjdo bgumpvimgvp bg `omdg mgmzar' E}v}zm

    azcqvn bp dgvb`bxdvmf bg vnm mimzabga idzkmvp

    c fmumocxbga gdvbcgp/ ncqmumz' Dgg}do

    bgumpvimgv azcqvn zdvmp c 48 vc 4> xmz`mgv dzm

    xzclm`vmf cz xdzvp c Dpbd/ Dzb`d/ vnm Ibffom

    Mdpv/ dgf Odvbg Dimzb`d bg vnm gm~v 48 rmdzp'

    Dovnc}an xzb`mp fm`obgmf dgf cumzdoo

    bgumpvimgv bg`zmdpmf/ :844 qdp d rmdz c ib~mf

    zmp}ovp d`zcpp vnm A):8/ qbvn dp idgr `c}gvzbmp

    m~xmzbmg`bga ocppmp dp adbgp' Bgumpvimgv

    bg`zmdpmp c 6: xmz`mgv bg vnm ]gbvmf Pvdvmp dgf

    4= xmz`mgv bg Jzd|bo cpmv fm`obgmp bg Im~b`c

    dgf Dzamgvbgd dgf mgdjomf vnm Dimzb`dpzmabcg vc azcq jr iczm vndg :4 xmz`mgv vc

    &50'4 jboobcgvnm dpvmpv zdvm c azcqvn bg

    dgr zmabcg c vnm qczof' Bgumpvimgv azcqvn

    bg Bvdor/ Pxdbg/ dgf vnm ]gbvmf Kbgafci cpmv

    fm`obgmp bg cvnmz xdzvp c vnm M}zcxmdg ]gbcg/

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    5/56

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G 0

    D pmzbmp ce qbgf v}zjbgmp cee vnm

    pnczm ce Azmdv Rdzic}vn bg vnm

    ]gbvmf Kbgafci'

    JzrgldzA}ggdzppcg|Fzmdipvbim'`ci

    nmoxbga vc idbgvdbg vnm M}zcxm/ Ibffom Mdpv/ dgf

    Dzb`d zmabcg dp vnm daazmadvm omdfmz bg `omdg mgmzar

    bgumpvimgv/ qbvn &22'0 jboobcg zm`czfmf bg :844'

    Pbibodzor/ bgumpvimgv azcqvn bg Bgfbd/ D}pvzdobd/

    dgf Ldxdg cpmv d dv rmdz bg @nbgd dgf fm`obgbga

    bgumpvimgvp bg Pc}vn Kczmdp idzkmv' Cumzdoo/ vnm

    Dpbd#C`mdgbd zmabcg nmof pm`cgf xod`m cz `omdg

    mgmzar bgumpvimgvp dv &1= jboobcg bg :844'

    A):8 bgumpvimgvp bg vnm pcodz pm`vcz `cgvbg}mf vc

    pcdz bg :844/ bg`zmdpbga 66 xmz`mgv vc &4:> jboobcg

    dgf d``c}gvbga cz iczm vndg ndo c doo `omdg mgmzar

    vm`ngcocar bgumpvimgvp bg vnm A):8' Pcodz adbgp

    cpmv d 4= xmz`mgv fm`obgm bg jcvn qbgf dgf mgmzar

    me`bmg`r bgumpvimgvp bg :844 `cixdzmf qbvn vnm

    xzmubc}p rmdz'

    Dppmv bgdg`m dgf pidoo fbpvzbj}vmf `dxd`bvr

    bgumpvimgvp d``c}gvmf cz &:4: jboobcg c vnm &::=

    jboobcg qczvn c gcgacumzgimgvdo/ gcg)zmpmdz`n

    `omdg mgmzar bgumpvimgvp bg :844/ pbagdobga vnm

    xzbczbvr vndv bgumpvczp ndum xod`mf cg fmxocrbga

    m~bpvbga vm`ngcocabmp cumz fmumocxbga cz p`dobga

    }x gmq vm`ngcocabmp dgf `cixdgbmp bg vnm A):8'

    Dppmv bgdg`m bg`zmdpmf jr 4: xmz`mgv vc &464

    jboobcg/ qnbom bgumpvimgvp bg pidoo fbpvzbj}vmf

    xncvcucovdb` xzclm`vp azmq := xmz`mgv vc &14'=

    jboobcg' Umgv}zm `dxbvdo dgf xzbudvm mt}bvr

    bgumpvimgvp qmzm }x >'5 xmz`mgv bg :844 vc &>'5

    jboobcg/ qnbom x}job` dgf xzbudvm zmpmdz`n dgf

    fmumocximgv bgumpvimgvp moo 4> xmz`mgv vc &:5

    jboobcg' Vnm ]gbvmf Pvdvmp `cgvbg}mp vc omdf vnm

    qczof bg jcvn umgv}zm `dxbvdo dgf zmpmdz`n dgf

    fmumocximgv bgumpvimgvp'

    Xncvc`c}zvmprceqnbvmnc}pm'acu

    A):8 P}iibv bg @dggmp'

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    6/56

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G6

    D qczkmz qbvn d pcodz xdgmo'

    amzmgim|bPvc`kxncvc'`ci

    Vnm `cijbgdvbcg c doobga xzb`mp dgf azcqbga

    bgumpvimgvp bg dppmv gdg`m dgf pidoo fbpvzbj}vmf

    `omdg mgmzar xzclm`vp }momf qczofqbfm bgpvdoodvbcg

    c d zm`czf >0'= abadqdvvp .AQ" c `omdg mgmzar

    amgmzdvbga `dxd`bvr bg :844/ bg`o}fbga 1> AQ bg

    vnm A):8 `c}gvzbmp' Pcodz icf}om xzb`mp moo =8

    xmz`mgv bg vnm xdpv rmdz/ px}zzbga fmxocrimgv c dg

    }gxzm`mfmgvmf :2'1 AQ c gmq `dxd`bvr48 vbimp

    vnm omumo zm`czfmf bg :881' Dovnc}an qbgf mgmzar

    bgumpvimgv omumop fm`obgmf vc &1: jboobcg/ iczm vndg

    60 AQ c gmq qbgf mgmzar `dxd`bvr qdp fmxocrmf

    bg :844/ p}zxdppbga :848 bgpvdoodvbcg omumop' Dv vnm

    mgf c :844/ iczm vndg =5= AQ c `omdg mgmzar

    amgmzdvbga `dxd`bvr qdp bg xod`m aocjdoor/ =8 xmz`mgv

    iczm vndg bgpvdoomf g}`omdz amgmzdvbga dxd`bvr'

    Bg zmpxcgpm vc vnm aocjdo m`cgcib` `zbpbp bg :88>)

    82/ acumzgimgv pvbi}o}p xodgp dooc`dvmf iczm

    vndg &426 jboobcg cz `omdg mgmzar mczvp' Jr vnm

    mgf c :844/ doicpv vnzmm)c}zvnp c vncpm }gfp.&46: jboobcg" ndf zmd`nmf vnm pm`vcz' Iczm vndg

    &65 jboobcg bg pvbi}o}p }gfbga cz `omdg mgmzar qdp

    pxmgv bg :844/ iczm vndg ndo c vndv jr vnm ]gbvmf

    Pvdvmp dgf @nbgd vcamvnmz' C vnm &=0 iboobcg vndv

    zmidbgp/ 51 xmz`mgv .&0='1 jboobcg" bp m~xm`vmf vc jm

    pxmgv bg :84:'

    Dvmz pobxxbga vc pm`cgf xod`m bg Xmqp :882

    zmxczv cg vnm A):8 `omdg mgmzar zd`m dgf vc vnbzf

    xod`m vnm gm~v rmdz/ vnm ]gbvmf Pvdvmp zm`odbimf

    bvp omdfmzpnbx xcpbvbcg bg vnm A):8 bg :844 qbvn

    &6>'4 jboobcg qczvn c `omdg mgmzar bgumpvimgvp/

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    7/56

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G =

    d 6: xmz`mgv bg`zmdpm' Qbvn

    bgumpvczp vdkbga dfudgvdam c

    kmr xcob`bmp vndv qmzm djc}v

    vc m~xbzm/ vnm ]gbvmf Pvdvmp

    omf doo gdvbcgp bg gdg`bga

    cz pcodz/ mgmzar me`bmg`r/

    dgf jbc}mo vm`ngcocabmp' Bg

    dffbvbcg/ vnm ]gbvmf Pvdvmp

    omf bg umgv}zm dxbvdo#xzbudvm

    mt}bvr dgf zmpmdz`n dgf

    fmumocximgv bgumpvimgvp' Bg

    um)rmdz zdvm c bgumpvimgv

    azcqvn/ ncqmumz/ vnm ]gbvmf

    Pvdvmp bp gcv mumg bg vnm vcx

    48/ dgf bv odap cvnmz gdvbcgp

    bg fmxocrimgv c `omdg

    mgmzar dppmvp' Vnm cgvzdpv jmvqmmg umgv}zm dxbvdo

    bgumpvimgvp dgf `dxd`bvr dffbvbcgp bg vnm ]gbvmf

    Pvdvmp nbanobanvp d xmzpbpvmgv xnmgcimgcg bg qnb`n

    vnm `c}gvzr dbop vc fmxocr bgvc vnm idzkmvxod`m vnm

    `omdg mgmzar bggcudvbcgp bv `zmdvmp bg vnm odjczdvczr'

    Imdgqnbom/ @nbgd ndp dfcxvmf `omdg mgmzar xcob`bmp

    vndv mg`c}zdam idg}d`v}zbga dgf fmxocrimgv'Vncpm vzmgfp `cgvbg}mf bg :844/ dovnc}an cumzdoo

    bgumpvimgv omumop azmq jr cgor 4 xmz`mgv/ vc &6='=

    jboobcg/ dz zci vnm zdxbf azcqvn zdvmp c zm`mgv

    rmdzp' Gcgmvnmompp/ @nbgd zmidbgp d frgdib` n}j

    c `omdg mgmzar d`vbubvr/ omdfbga vnm qczof bg qbgf

    mgmzar bgumpvimgv dgf fmxocrimgv dgf bg qbgf dgf

    pcodz idg}d`v}zbga'

    Vnm vnbzf `omdg mgmzar xcqmznc}pm bp Amzidgr/

    qnmzm d = xmz`mgv fzcx bg bgumpvimgv fbf gcv fmvmz

    zm`czf omumop c pcodz mgmzar fmxocrimgv' Amzidgr

    gcq cjvdbgp iczm mgmzar zci zmgmqdjom pc}z`mp

    vndg bv fcmp zci g}`omdz xcqmz/ cdo/ cz gdv}zdo

    adp' Mopmqnmzm bg M}zcxm/ Bvdor p}zxdppmf Amzidgrp

    fmxocrimgv c 1'6 AQ c pcodz/ bgpvdoobga > AQ dp

    bgumpvimgvp azmq 0> xmz`mgv vc &:> jboobcg dgf

    odzamor cpmv fm`obgmp bg cvnmz xdzvp c vnm zmabcg'

    Bgfbd `cgvbg}mp vc mimzam dp d xzmibmz `omdg mgmzar

    idzkmv/ qbvn bgumpvimgvp azcqbga =6 xmz`mgv bg

    :844 vc &48': jboobcg/ ud}ovbga vndv `c}gvzr zci 48vn

    vc pb~vn xod`m dicga vnm A):8 omdfmzp' Bgfcgmpbd

    zm`czfmf vnm dpvmpv zdvm c azcqvn c dgr A):8

    gdvbcg=:8 xmz`mgvdp bgumpvimgvp bg omdg

    mgmzar m`obxpmf &4 jboobcg cz vnm zpv vbim'

    Vqc qczkmzp bgpvdoo d pcodz xdgmo dv d xncvcucovdb` edzi'

    Xmfzc@dpvmoodgc|bPvc`kxn

    cvc'`ci

    Amcvnmzido xcqmz pvdvbcg bg B`modgf'

    FdzzmgJdkmz|Fzmdipvbim'`ci

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    8/56

    KMR EBGFBGAP

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G5

    EBA]ZM 4< AOCJDO DGF A):8 @OMDG MGMZAR BGUMPVIMGV/ :886)44 .JBOOBCGP CE &",

    , Fcmp gcv bg`o}fm zmpmdz`n dgf fmumocximgv bgumpvimgvp

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G5

    :=8'8

    :88'8

    4=8'8

    488'8

    =8'8

    8'8

    GCG)A):8 @C]GVZBMPA):8 @C]GVZBMP

    :88=:886 :885 :881 :88> :882 :848 :844

    00'1

    =>'=

    26'5

    400'4

    450'64=1'5

    :4='=

    :01':

    KMR EBGFBGAPAOCJDO BGUMPVIMGV AZCQP VC ZM@CZF&:50 JBOOBCG

    Vnm `omdg mgmzar pm`vcz `cgvbg}mf bvp fm`dfm)ocga zdoor jr dvvzd`vbga &:50

    jboobcg qczvn c bgumpvimgv bg :844' M~`o}fbga zmpmdz n dgf fmumocximgv

    pxmgfbga/ bgumpvimgv bg vnm pm`vcz bp gcq iczm vndg 588 xmz`mgv nbanmz

    vndg bg :886/ qnmg zmobdjom fdvd `coom`vbcg ciimg`mf .pmm Eba}zm 4"' Dp

    d zmp}ov c vnbp zdxbf azcqvn/ vnm `omdg mgmzar pm`vcz zm`czfmf bvp vzboobcgvn

    fcoodz bgumpvmf bg :844'

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    9/56

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G 1

    KMR EBGFBGAP

    Qczofqbfm omdg mgmzar bgumpvimgv azmq bg :844

    jr d icfmpv 5'= xmz`mgv/ c}vxd`bga azcqvn bg

    vnm cumzdoo m`cgcir' J}v icfmpv bgumpvimgv

    azcqvn idpkp fzdidvb` m~xdgpbcg c `omdg mgmzar

    fmxocrimgvp bg :844 dgf zm`mgv rmdzp' Vnm cpvc qbgf dgf pcodz amgmzdvbga `dxd`bvr bp fm`obgbga

    zdxbfor/ qbvn pcodz xncvcucovdb` icf}om xzb`mp

    fzcxxbga =8 xmz`mgv bg :844 docgm' Vnm cijbgdvbcg

    c pbagb`dgvor ocqmz xzb`mp dgf icfmpv adbgp bg

    bgumpvimgv ndp d``momzdvmf fmxocrimgv c omdg

    mgmzar amgmzdvbga `dxd`bvr bg zm`mgv rmdzp' Bg :844/ d

    zm`czf >0'= AQ c gmq zmgmqdjom mgmzar vm`ngcocar

    qdp fmxocrmf dzc}gf vnm qczof/ bg`o}fbga 60 AQ

    c qbgf dgf d zm`czf :2'1 AQ c pcodz amgmzdvbga

    `dxd`bvr' Jr `cixdzbpcg/ vnmzm qdp ompp vndg 08 AQ

    c pcodz amgmzdvbga `dxd`bvr cg vnm xodgmv bg :882'

    Vnm A):8 imijmz `c}gvzbmp `cgvbg}m vc dvvzd`v vnm

    obcgp pndzm c omdg mgmzar bgumpvimgvdjc}v &::=

    jboobcg/ cz 2= xmz`mgv c vnm aocjdo vcvdo' J}v zmp}ovp

    qmzm }gmumg bg :844 d`zcpp vnm A):8/ qbvn gmdzor dp

    idgr `c}gvzbmp m~xmzbmg`bga bgumpvimgv ocppmp dp

    m~xmzbmg`mf adbgp `cixdzmf qbvn :848' J}famv dgf

    xcob`r }g`mzvdbgvr bg vnm qczofp omdfbga m`cgcibmp

    ndp pvmiimf bgumpvcz bgvmzmpv bg mzvdbg idzkmvp'

    @cgumzpmor/ bgvmzmpv bp azcqbga bg d g}ijmz c vnm

    qczofp fmumocxbga c}gvzbmp/ qnmzm omdg xcqmz

    bp bg`zmdpbgaor cpv)`cixmvbvbum qbvn cgumgvbcgdo

    pc}z`mp c mom`vzb`bvr' Joccijmza Gmq Mgmzar

    Ebgdg`m xzclm`vp dgg}do bgumpvimgv azcqvn zdvmp c

    48 xmz`mgv vc 4> xmz`mgv bg xdzvp c Dpbd/ Dzb`d/ vnm

    Ibffom Mdpv/ dgf Odvbg Dimzb`d bg vnm gm~v 48 rmdzp'

    VNM ]GBVMF PVDVMP

    XZCXMOP ZMABCGDOAZCQVN BG VNMDIMZB@DP

    Qnmzmdp bgumpvimgv azcqvn bg Dpbd#C`mdgbd omf doo

    cvnmz zmabcgp bg vnm xzmubc}p vqc rmdzp/ vnm Dimzb`dp

    zmabcg m~xmzbmg`mf vnm dpvmpv zdvm c bgumpvimgv

    azcqvn bg :844' Omf jr 6: xmz`mgv azcqvn bg vnm

    ]gbvmf Pvdvmp dgf 4= xmz`mgv azcqvn bg Jzd|bo/

    bgumpvimgv bg vnm Dimzb`dp zmabcg azmq jr iczm

    vndg :4 xmz`mgv vc &50'4 jboobcg'

    Vnm Dpbd#C`mdgbd zmabcg cgvbg}mp vc jm vnm pm cgf)

    omdfbga fmpvbgdvbcg cz omdg mgmzar bgumpvimgvp dv

    &1= jboobcg/ azcqbga iczm vndg 48 xmz`mgv bg :844'

    Zmodvbumor dv azcqvn bg @nbgd .}x 4 xmz`mgv" qdp

    ibvbadvmf jr pndzx bgumpvimgv adbgp bg Bgfbd/ Ldxdg/

    dgf Bgfcgmpbd/ qnb`n qmzm dicga vnm dpvmpv)

    azcqbga `omdg mgmzar idzkmvp bg vnm qczof'

    Vnm M}zcxmdg zmabcg idbgvdbgmf bvp zmabcgdo

    omdfmzpnbx xcpbvbcg cz omdg mgmzar bgumpvimgv/

    azcqbga jr d icfmpv 6 xmz`mgv vc &22'0 jboobcg'

    Pbagb`dgv bgumpvimgv azcqvn bg Bvdor/ vnm ]gbvmf

    Kbgafci/ dgf Pxdbg nmoxmf vc cpmv fm`obgmp

    bg cvnmz M] imijmz pvdvmp' Amzidgr dgf Bvdor

    `cgvbg}m vc omdf vnm qczof bg fmxocrimgv c pidoo

    fbpvzbj}vmf pcodz xncvcucovdb` xcqmz bgpvdoodvbcgp/

    d``c}gvbga cz iczm vndg =8 xmz`mgv c qczofqbfm

    pcodz `dxd`bvr dffbvbcgp dgf 0> xmz`mgv c A):8 pcodz

    vm`ngcocar bgumpvimgvp bg :844'

    Qbgf v}zjbgmp bg Pc}vnmzg @dobeczgbd gmdz Xdoi Pxzbgap'

    FdgbmoZd}pvdfv|Fzmdipvbim'`ci

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    10/56

    KMR EBGFBGAP

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G>

    EBA]ZM :< VCVDO BGUMPVIMGV BG @OMDG MGMZAR JR ZMABCG/ :881)44 .JBOOBCGP CE &"

    4:8'8

    488'8

    >8'8

    58'8

    68'8

    :8'8

    8'8

    :88>:881

    M]ZCXM/ IBFFOMMDPV/ DEZB@D

    DPBD#C@MDGBD DIMZB@DP

    :882 :848 :844

    PCODZ BGUMPVIMGVPCDZP VC ZM@CZF

    OMUMOPPcodz mgmzar vm`ngcocabmp qmzm vnm omdfbga

    zm`bxbmgvp c `omdg mgmzar gdg`m dgf bgumpvimgv

    bg :844/ dvvzd`vbga &4:> jboobcg/ iczm vndg ndo c

    doo `omdg mgmzar bgumpvimgvp bg vnm A):8 `c}gvzbmp'

    Pcodz bgumpvimgvp bg`zmdpmf jr 66 xmz`mgv bg :844/

    nmoxbga vc cpmv 4= xmz`mgv fzcx)cp bg jcvn qbgf

    dgf mgmzar me`bmg`r bgumpvimgvp'

    Pndzx fzcxp bg pcodz icf}om xzb`mp nmoxmf px}zzm`czf omumop c fmxocrimgvp/ qnb`n bg`zmdpmf =6

    xmz`mgv vc :2'1 AQ bg :84448 vbimp vnm omumo c

    :881' Vqc `c}gvzbmp/ Amzidgr dgf Bvdor/ omf vnm

    qdr/ qbvn Amzidgr dffbga 1'6 AQ dgf Bvdor dffbga

    > AQ c fbpvzbj}vmf xncvcucovdb` `dxd`bvr/ vcamvnmz

    d``c}gvbga cz iczm vndg ndo c doo aocjdo dffbvbcgp'

    Vnmpm odzam)`dxd bvr dffbvbcgp qmzm pvbi}odvmf jr

    Xcob`r `mzvdbgvr dgf d dbz xzb`m

    cz pcodz amgmzdvmf dgf mf bgvc

    vnm azbf dzm mppmgvbdo cz vnm }v}zm

    c vnbp `omdg p}pvdbgdjom mgmzar

    bgf}pvzr' Gcq bp vnm vbim cz

    D}pvzdobdg acumzgimgvp vc idv`n

    vndv m~xmzvbpm dgf `dxdjbobvr qbvn

    xcob`bmp vndv xzcubfm `mzvdbgvr

    dgf xzcicvm vnm azcqvn c pcodz

    mgmzar dp xdzv c D}pvzdobdp `omdg

    mgmzar }v}zm'

    Lcng Azbimp/ @MC c vnm D}pvzdobdg Pcodz Mgmzar

    Pc`bmvr .D}PMP"

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    11/56

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G 2

    KMR EBGFBGAP

    EBA]ZM 0< A):8 BGUMPVIMGV JR VM@NGCOCAR :886)44 .JBOOBCGP CE &"

    468'8

    4:8'8

    488'8

    >8'8

    58'8

    68'8

    :8'8

    8'8

    PCODZQBGF JBCE]MOP CVNMZ ZMGMQDJOMP MEEB@BMG@R % OCQ

    @DZJCG VM@N#PMZUB@MP

    :88=:886 :885 :881 :88> :882 :848 :844

    `omdg mgmzar bg`mgvbump vndv qboo jm zmf}`mf bg :84:

    dgf jmrcgf' Pbibodzor/ bgumpvczp z}pnmf vc vdkm

    dfudgvdam c m~xbzbga `omdg mgmzar xcob`bmp bg vnm

    ]gbvmf Pvdvmp/ dooc`dvbga &08 jboobcg vc vnm Dimzb`dgpcodz pm`vcz/ i}`n c bv vc bgbvbdvm odzam/ }vbobvr)p`dom

    xzclm`vp vndv qboo `cim cgobgm zci :84: vc :840' Bg

    vnm qdkm c vnm E}k}pnbid g}`omdz fbpdpvmz/ Ldxdgp

    pcodz bgumpvimgvp p}zamf vc iczm vndg &> jboobcg'

    Dovnc}an pcodz mgmzar bgumpvimgvp d`zcpp vnm A):8

    c}vxd`mf qbgf cz vnm pm`cgf pvzdbanv rmdz/ vnm

    mimzabga cpv)`cixmvbvbumgmpp c cgpnczm qbgf

    mgmzar fzcum &1:'4 jboobcg bgvc vnm pm`vcz bg :844/

    fcqg 4= xmz`mgv zci :848' Bg ubmq c zm`mgv

    xzb`m fm`obgmp/ vnbp omumo c bgumpvimgv nmoxmf px}z

    fmxocrimgv c iczm vndg 60 AQ c gmq qbgf

    mgmzar/ iczm vndg qdp fmxocrmf d rmdz mdzobmz' Ndo

    c :844 qbgf mgmzar `dxd`bvr dffbvbcgp c``}zzmf

    bg @nbgd/ qnb`n dvvzd`vmf &:2 jboobcg qczvn c qbgf

    mgmzar bgumpvimgv'

    FMXOCRIMGVFCIBGDVMP

    BGUMPVIMGVXZBCZBVBMP

    Dppmv gdg`m dgf pidoo fbpvzbj}vmf `dxd`bvr

    bgumpvimgvp d``c}gvmf cz &:4: jboobcg c vnm &::=

    jboobcg qczvn c gcgacumzgimgv/ gcg)zmpmdz`n `omdg

    mgmzar bgumpvimgvp bg :844/ pbagdobga bgumpvczp

    cumzqnmoibga xzmmzmg`m cz fmxocrbga m~bpvbga

    vm`ngcocabmp cumz fmumocxbga cz p`dobga }x gmq

    vm`ngcocabmp dgf cixdgbmp' Dppmv gdg`m bg`zmdpmfjr 4: xmz`mgv dgf d``c}gvmf cz &464 jboobcg qczvn

    c :844 `omdg mgmzar bgumpvimgvp/ coocqmf jr &14'=

    jboobcg cz pidoo fbpvzbj}vmf xncvcucovdb` xzclm`vp/ d

    := xmz`mgv bg`zmdpm' @nbgd omf vnm qczof bg dvvzd`vbga

    dppmv gdg`m qbvn &66'0 jboobcg/ cz 0: xmz`mgv c

    vnm A):8 vcvdo' Bvdor qdp vnm vcx zm`bxbmgv c pidoo

    fbpvzbj}vmf `dxd`bvr bgumpvimgvp/ qbvn &:6'4 jboobcg'

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    12/56

    KMR EBGFBGAP

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G48

    , Zmpmdz`n dgf fmumocximgv a}zmp zmxzmpmgv vcvdo aocjdo e}gfbga

    EBA]ZM 6< A):8 BGUMPVIMGV JR EBGDG@BGA VRXM/ :882)44 .JBOOBCGP CE &"

    458'8

    468'8

    4:8'8

    488'8

    >8'8

    58'8

    68'8

    :8'8

    8'8

    ):8'8

    :848:882 :844

    UMGV]ZM@DXBVDO

    @CZXZF%F,

    ACU Z%F, XZBUDVMMT]BVR

    X]JOB@IDZKMVPGMQMT]BVR

    VCVDO@CIXDGRBGUMPVIMGV

    ZM)BGUMPVMF

    DPPMVEBGDG@M

    PIDOOFBPVZBJ]VMF@DXD@BVR

    Umgv}zm dxbvdo dgf xzbudvm mt}bvr bgumpvimgvp

    qmzm }x >'5 xmz`mgv bg :844 vc &>'5 jboobcg' Vnm

    ]gbvmf Pvdvmp/ qnb`n dvvzd`vmf &5 jboobcg/ `cgvbg}mp

    vc fcibgdvm vnbp gdg`m odpp/ d``c}gvbga cz

    18 xmz`mgv c doo umgv}zm `dxbvdo dgf xzbudvm

    mt}bvr bgumpvimgvp' X}job` dgf xzbudvm zmpmdz`n

    dgf fmumocximgv bgumpvimgvp qmzm c pndzxor

    bg :844/ fm`zmdpbga 4> xmz`mgv vc &:5 jboobcg'

    Fm`obgbga Z%F bgumpvimgvp dzm zmm`vbum c vnm

    vbanv j}famvdzr mgubzcgimgvp `d}pmf jr po}aabpn

    aocjdo m`cgcib` cgfbvbcgp' Vnm ]gbvmf Pvdvmp

    dopc omf vnm qczof bg zmpmdz`n dgf fmumocximgv

    bgumpvimgvp bg :844/ d``c}gvbga cz 08 xmz`mgv

    c vcvdo czxczdvm dgf 04 xmz`mgv c acumzgimgv

    Z%F bgumpvimgvp' Qbvn pvzcga umgv}zm `dxbvdo dgf

    zmpmdz`n dgf fmumocximgv bgumpvimgvp/ vnm ]gbvmf

    Pvdvmp `cgvbg}mp vc omdf vnm qczof bg `omdg mgmzar

    bggcudvbcg/ j}v cvnmz fdvd bgfb`dvm vndv bv vzdbop bg

    fmxocrimgv dgf idg}d`v}zbga c `omdg mgmzar

    vm`ngcocabmp'

    Qbvn `omdg mgmzar pvc`k xzb`mp pmumzmor fmxzmppmf

    jr xzcf}`v xzb`m fm`obgmp dgf bgvmgpm `cixmvbvbcg

    bg vnm xzbudvm pm`vcz/ mq cixdgbmp occkmf vc

    x}job` pvc`k idzkmvp vc zdbpm `dxbvdo' Dp d zmp}ov/

    x}job` idzkmv gdg`bga moo bg :844 vc &48': jboobcg/

    bvp ocqmpv omumo pbg`m :885 dgf d :4 xmz`mgv fm`obgm

    zci d rmdz mdzobmz'

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    13/56

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G 44

    KMR EBGFBGAP

    Qbgf

    Pidoo)Nrfzc

    Jbcidpp dgf

    Qdpvm)vc)Mgmzar

    Pcodz

    Amcvnmzido

    Idzbgm

    Vcvdo

    :02 AQ

    4>6 AQ

    =1 AQ

    10 AQ

    44 AQ

    8'5 AQ

    =5= AQ

    EBA]ZM =< VCVDO QCZOFQBFM BGPVDOOMF@OMDG MGMZAR @DXD@BVR JR [email protected] CE FM@MIJMZ :844"

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G 44

    KMR EBGFBGAP

    BGPVDOOMF @OMDG MGMZAR @DXD@BVRPCDZP CG XZB@M FM@OBGMP

    Vnm `cijbgdvbcg c doobga xzb`mp dgf azcqbga

    bgumpvimgvp bg dppmv gdg`m dgf pidoo fbpvzbj}vmf

    `omdg mgmzar xzclm`vp }momf d zm`czf >0'= AQ c

    gmq `dxd`bvr dzc}gf vnm qczof bg :844' Jr vnm

    mgf c c :844/ iczm vndg =5= AQ c `omdg mgmzar

    amgmzdvbga `dxd`bvr qdp bg xod`m aocjdoor .Eba}zm ="'

    Qbvn 60 AQ c gmq amgmzdvbga `dxd`bvr bgpvdoomf bg

    :844/ vnm qbgf pm`vcz omdfp doo cvnmzp qbvn :02 AQ

    fmxocrmf qczofqbfm' D zm`czf :2'1 AQ c pcodzqdp bgpvdoomf bg :84448 vbimp vnm omumo bgpvdoomf

    bg :881zdbpbga aocjdo bgpvdoomf `dxd`bvr jr 18

    xmz`mgv vc 10 AQ'

    @nbgd/ vnm ]gbvmf Pvdvmp/ dgf Amzidgr qmzm vcx

    fmpvbgdvbcgp cz qbgf mgmzar bgumpvimgvp dgf

    d``c}gvmf cz doicpv :2 AQ c qbgf `dxd`bvr

    dffbvbcgp' Vnm ]gbvmf Pvdvmp qdp vnm vcx

    fmpvbgdvbcg cz pcodz mgmzar bgumpvimgvp j}v

    fmxocrmf cgor 4'1 AQ c gmq `dxd`bvr/ dp vnmidlczbvr c bgumpvimgvp qmzm }pmf vc bgbvbdvm

    odzam)p`dom }vbobvr xzclm`vp vndv qboo vdkm pmumzdo

    rmdzp vc j}bof' Amzidgr dgf Bvdor d` c}gvmf

    cz iczm vndg ndo c doo pcodz mgmzar `dxd`bvr

    dffbvbcgp/ qbvn Amzidgr bgpvdoobga 1'6 AQ dgf Bvdor

    > AQ' Amzidgr bgpvdoomf 0 AQ c pcodz mgmzar bg

    Fm`mijmz :844 docgm'

    Ubmq ce pcodz xdgmop ecz xcqmz

    xzcf}`vbcg bg Pd~cgr/ Amzidgr'

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    14/56

    KMR EBGFBGAP

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G4:

    VNZMM)T]DZVMZP CE PVBI]O]P E]GFBGAECZ @OMDG MGMZAR PXMGV VNZC]AN :844

    D ndgf}o c acumzgimgvp dzc}gf vnm qczof ndum

    xod`mf d xzbczbvr cg `omdg mgmzar bgumpvimgvp dp

    xdzv c m`cgcib` zm`cumzr dgf pvbi}o}p bgbvbdvbump

    }gfmzvdkmg bg zmpxcgpm vc vnm aocjdo m`cgcib` `zbpbp

    c :88>)82' Acumzgimgvp dooc`dvmf iczm vndg &426

    jboobcg cz `omdg mgmzar mczvp bg pvbi}o}p xodgp' Jr

    vnm mgf c :844/ doicpv vnzmm)c}zvnp c vncpm }gfp

    .&46: jboobcg" ndf zmd`nmf vnm pm`vcz' Bg :844/ &65

    jboobcg bg pvbi}o}p }gfbga cz `omdg mgmzar qdp

    pxmgv/ iczm vndg ndo c vndv jr vnm ]gbvmf Pvdvmp

    dgf @nbgd vcamvnmz' Djc}v &=0 iboocg zmidbgp vc

    jm pxmgv/ c qnb`n 51 xmz`mgv .&0='1 jboobcg" bp

    m~xm`vmf vc jm pxmgv bg :84:' Vnbzvr)vqc xmz`mgv c

    pvbi}o}p }gfbga pxmgv vc fdvm ndp jmmg fbzm`vmf vc

    zmgmqdjom mgmzar bgbvbdvbump/ 01 xmz`mgv vc mgmzar

    me`bmg`r xzcazdip/ dgf 41 xmz`mgv vc pidzv azbf'

    Mbanv xmz`mgv c pvbi}o}p }gfbga ndp jmmg dooc`dvmf

    jr acumzgimgvp cz zmpmdz`n dgf fmumocximgv

    mczvp'

    Dv d qbgf v}zjbgm `cgpvz}`vbcg pbvm/ qczkmzp ic}gv vnm zcvcz n}j cgvc d v}zjbgm amdzjc~ cz amgmzdvcz'

    QbiJ}zamz|Fzmdipvbim'`ci

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    15/56

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G 40

    KMR EBGFBGAP

    EBA]ZM 5< VCVDO PVBI]O]P E]GFBGA VC FDVM/ JR PM@VCZ .XMZ@MGV CE VCVDO",

    , Acumzgimgv pvbi}o}p e}gfbga bp gcv bg`o}fmf bg vnm A):8 xzbudvm bgumpvimgv a}zmp xzmpmgvmf bg vnbp zmxczv'

    01-

    0:-

    41-

    >-

    0-

    :-4-

    VCVDO &46: JBOOBCG

    MEEB@BMG@R ZMGMQDJOMP AZBF Z%F

    VZDGPXCZVDVBCG ]GPXM@BEBMF @DZJCG @DXV]ZM %

    PMT]MPVZDVBCG

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G 40

    KMR EBGFBGAP

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    16/56

    QNCP QBGGBGA VNM @OMDG MGMZAR ZD@M3

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G46

    EBA]ZM 1< BGUMPVIMGV JR @C]GVZR DGF PM@VCZ/ :844 .JBOOBCGP CE &"

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G46

    8 48 :8 08 68 =8

    ]GBVMF PVDVMP

    @NBGD

    AMZIDGR

    BVDOR

    ZMPV CE M]):1

    BGFBD

    ]GBVMF KBGAFCI

    LDXDG

    PXDBG

    JZD\BO

    @DGDFD

    EZDG@M

    D]PVZDOBD

    BGFCGMPBD

    PC]VN KCZMD

    V]ZKMR

    DZAMGVBGD

    IM^B@C

    PC]VN DEZB@D

    PCODZQBGF JBCE]MOPCVNMZ

    ZMGMQDJOMP

    MEEB@BMG@R % OCQ

    @DZJCG VM@N#PMZUB@MP

    QNCP QBGGBGA

    VNM @OMDGMGMZAR ZD@M3Vnm ]gbvmf Pvdvmp zm`odbimf vnm vcx pxcv bg vnm

    qczofqbfm `omdg mgmzar zd`m bg :844' Jm`d}pm

    c xcob`r }g`mzvdbgvr/ ncqmumz/ bvp omdfmzpnbx bp

    obkmor vc jm pnczv)obumf dvmz d udzbmvr c Dimzb`dg

    `omdg mgmzar xzcazdip m~xbzmf dv vnm mgf c :844'

    Gcvnbga dxxmdzp obkmor vc pvmi vnm ocga)vmzi pnbv

    bg vnm `omdg mgmzar pm`vczp `mgvmz c azdubvr dp

    bgumpvimgv pqbgap zci vnm Qmpv .M}zcxm dgf

    vnm ]gbvmf Pvdvmp" vc vnm Mdpv .Dpbd" dgf zci vnm

    Gczvnmzg Nmibpxnmzm vc vnm Pc}vnmzg' Dovnc}an

    @nbgdp zmodvbumor dv rmdz bg :844 ccomf vnm

    zdxbf xd`m c azcqvn bg vnm Dpbdg zmabcg/ gmq

    cxxczv}gbvbmp dzm mimzabga bg vnm c}zbpnbga

    idzkmvp c Bgfbd/ Bgfcgmpbd/ D}pvzdobd/ dgf Ldxdg'

    Fmxocrimgv c `omdg mgmzar bg M}zcxm bp o bkmor vc

    pocq bg :84: dp acumzgimgvp `cgvbg}m cz d``momzdvm

    mczvp vc zmbg bg bg`mgvbump cz `omdg mgmzar

    vm`ngcocabmp' Dv vnm pdim vbim/ Bgfcgmpbd/ @nbgd/

    D}pvzdobd/ dgf Bgfbd dzm obkmor vc pmm `omdg mgmzar

    bgumpvimgv azcqvn dp vnmpm c}gvzbmp pmmk vc immv

    vnm bg`zmdpbga mom`vzb`bvr fmidgfp c dg mimzabga

    ibffom `odpp'

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    17/56

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G 4=

    QNCP QBGGBGA VNM @OMDG MGMZAR ZD@M3

    EBA]ZM >< BGUMPVIMGV JR @C]GVZR DGF EBGDG@BGA VRXM/ :844 .JBOOBCGP CE &"

    EBA]ZM 2< VCX 48 BG @OMDG MGMZAR BGUMPVIMGV/ :844

    ]gbvmf Pvdvmp

    @nbgd

    Amzidgr

    Bvdor

    Zmpv c M]):1

    Bgfbd

    ]gbvmf Kbgafci

    Ldxdg

    Pxdbg

    Jzd|bo

    :844

    Zdgk

    @c}gvzr :844 Bgumpvimgv

    .jboobcgp ce &"

    :848 Bgumpvimgv

    .jboobcgp ce &"0

    4

    :

    0

    6

    =

    5

    1

    >

    2

    48

    8 48 :8 08 68 =8

    ]GBVMF PVDVMP

    @NBGD

    AMZIDGR

    BVDOR

    ZMPV CE M]):1

    BGFBD

    ]GBVMF KBGAFCI

    LDXDG

    PXDBG

    JZD\BO

    @DGDFD

    EZDG@M

    D]PVZDOBD

    BGFCGMPBD

    PC]VN KCZMD

    V]ZKMR

    DZAMGVBGDIM^B@C

    PC]VN DEZB@D

    PIDOO FBPVZBJ]VMFDPPMV EBGDG@M UMGV]ZM @DXBVDO#

    XZBUDVM MT]BVR

    X]JOB@ IDZKMVP

    6>

    6='=

    08'5

    :>'8

    44'4

    48':

    2'6

    >'5

    >'5

    >'8

    00'1

    6='8

    0:'4

    :8':

    4=':

    5'5

    1'8

    1'8

    5'2

    5'2

    0 Vnmpm a}zmp ndum jmmg zmubpmf jr Joccijmza Gmq Mgmzar Ebgdg`m dp ce Emjz}dzr :84:'

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    18/56

    QNCP QBGGBGA VNM @OMDG MGMZAR ZD@M3

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G45

    4 Bgfcgmpbd

    : Bgfbd

    0 ]gbvmf Pvdvmp

    6 Bvdor

    = Ezdg`m

    5 ]gbvmf Kbgafci

    1 Pxdbg

    > Ldxdg

    2 Jzd|bo

    48 D}pvzdobd

    Zdgk @c}gvzr 4)Rmdz Azcqvn Zdvm

    EBA]ZM 48< VCX 48 BG BGUMPVIMGV AZCQVN:848 UP' :844

    EBA]ZM 44< VCX 48 EBUM)RMDZ AZCQVN BGBGUMPVIMGV/ :885)44

    4 Bvdor

    : Amzidgr

    0 D}pvzdobd

    6 @nbgd

    = ]gbvmf Kbgafci

    5 @dgdfd

    1 Jzd|bo

    > ]gbvmf Pvdvmp

    2 Bgfbd

    48 Ezdg`m

    Zdgk @c}gvzr Bgvmgpbvr

    EBA]ZM 4:< VCX 48 BGUMPVIMGV BGVMGPBVR.@OMDG MGMZAR BGUMPVIMGV XMZ & AFX"

    EBA]ZM 40< VCX 48 BG BGPVDOOMF ZMGMQDJOMMGMZAR @DXD@BVR .AQ"

    4 @nbgd

    : ]gbvmf Pvdvmp

    0 Amzidgr

    6 Zmpv c M]):1

    = Pxdbg

    5 Bvdor

    1 Ldxdg

    > Bgfbd

    2 Ezdg`m

    48 Jzd|bo

    Zdgk @c}gvzr @dxd`bvr

    4 Bvdor

    : Bgfcgmpbd

    0 @nbgd

    6 D}pvzdobd

    = Bgfbd

    5 Ldxdg

    1 @dgdfd

    > Amzidgr

    2 Jzd|bo

    48 Zmpv c M]):1

    Zdgk @c}gvzr =)Rmdz AzcqvnZdvm

    =:4-

    =6-

    6:-

    0>-

    05-

    0=-

    :=-

    :0-

    4=-

    44-

    >2-

    =0-

    01-

    :>-

    :0-

    ::-

    ::-

    :8-

    46-

    4:-

    4'=>-

    4'86-

    8'==-

    8'6=-

    8'60-

    8'64-

    8'01-

    8'00-

    8':=-

    8':0-

    400

    20

    54

    58

    0:

    :>

    :=

    ::

    4>

    4=

    QNCP QBGGBGA VNM @OMDG MGMZAR ZD@M3

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G45

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    19/56

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G 41

    QNCP QBGGBGA VNM @OMDG MGMZAR ZD@M3

    4 @nbgd

    : V}zkmr

    0 Jzd|bo

    6 Bvdor

    = Dzamgvbgd

    5 Pc}vn Kczmd

    1 Ezdg`m

    > @dgdfd

    2 D}pvzdobd

    48 ]gbvmf Pvdvmp

    Zdgk @c}gvzr Xmz`mgvdam Bg`zmdpm

    EBA]ZM 46< VCX 48 EBUM)RMDZ AZCQVN BGZMGMQDJOM MGMZAR @DXD@BVR/ :885)44

    2:-

    >=-

    62-

    61-

    65-

    60-

    64-

    0:-

    :2-

    :>-

    ]GBVMF PVDVMP @OMDGMGMZAR BGBVBDVBUMP VNDVM^XBZMF BG :844

    Dfudg`mf Mgmzar Idg}d`v}zbga Vd~ @zmfbv

    Fmxdzvimgv c vnm Vzmdp}zr Pm`vbcg 4580

    Azdgv Xzcazdi

    Fmxdzvimgv c Mgmzar Pm`vbcg 418= OcdgA}dzdgvmmp

    Mgmzar Me`bmgv Dxxobdg`m Idg}d`v}zbga

    Vd~ @zmfbv

    Mgmzar Me`bmgv Ncimp Vd~ @zmfbv cz

    J}bofmzp

    ]GBVMF PVDVMP

    ZM@ODBIPQCZOFQBFM OMDFBG @OMDG MGMZARBGUMPVIMGV

    Dvmz pobxxbga vc pm`cgf bg Xmqp :882 zmxczv cg vnm

    A):8 `omdg mgmzar zd`m dgf vc vnbzf vnm gm~v rmdz/ vnm

    ]gbvmf Pvdvmp zm`odbimf bvp omdfmzpnbx xcpbvbcg bg vnm

    A):8 bg :844/ dvvzd`vbga &6>'4 jboobcg qczvn c `omdgmgmzar bgumpvimgvp/ c}z zmxczv gfp' Ebgdg`m dgf

    bgumpvimgv zcpm 6: xmz`mgv zci :848/ d`nbmubga

    zm`czf omumop bg bgumpvimgv cumzdoo dgf bg vnm pcodz

    p}jpm`vcz'

    Jr vnm mgf c :844/ vnm ]gbvmf Pvdvmp ndf 20 AQ c

    bgpvdoomf zmgmqdjom mgmzar `dxd`bvr/ pm`cgf cgor vc

    @nbgd bg vmzip c vcvdo bgpvdoomf dxd`bvr' Doicpv 48

    AQ c gmq `dxd`bvr qdp dffmf/ bg`o}fbga 5'1 AQ c

    qbgf dgf 4'1 AQ c pcodz/ vnm zpv vbim vnm ]gbvmf

    Pvdvmp ndp mumz bgpvdoomf iczm vndg 4 AQ c pcodz

    mgmzar' D pbagb`dgv xczvbcg c vnm `c}gvzrp `omdg

    mgmzar bgumpvimgvp bg :844 qdp fbzm`vmf vcqdzf

    odzam/ }vbobvr)p`dom pcodz xcqmz xodgvp vndv qboo dff

    vc Dimzb`dp bgpvdoomf dxd`bvr bg vnm cibga rmdzp'

    Dp d zmp}ov/ gdg`bgap bg vnm ]gbvmf Pvdvmp qmzm

    nban/ qnbom fmxocrimgv odaamf vncpm `c}gvzbmp

    qbvn cg`mgvzdvmf bgumpvimgvp bg qbgf .m'a'/ @nbgd"

    dgf pidoo fbpvzbj}vmf xncvcucovdb` xzclm`vp .m'a'/

    Amzidgr/ Bvdor/ dgf Ldxdg"' Bg doo/ vnm ]gbvmf Pvdvmp

    omf vnm qczof qbvn &08 jboobcg bgumpvmf bg pcodz/ j}v

    fmxocrimgvp bg Amzidgr dgf Bvdor qmzm iczm vndg

    c}z vbimp azmdvmz vndg bg vnm ]gbvmf Pvdvmp'

    Vnm `c}gvzr `cgvbg}mp vc omdf bg vnm mgmzar

    me`bmg`r dgf ocq)`dzjcg vm`ngcocar dgf jbc}mop)

    zmodvmf bgumpvimgv dvmaczbmp/ qnb`n dvvzd`vmf &0'1

    jboobcg dgf &0'4 jboobcg/ zmpxm`vbumor' Bg dffbvbcg/

    umgv}zm dxbvdo#xzbudvm mt}bvr bgumpvimgvp bg vnm

    ]gbvmf Pvdvmp cgvbg}m vc fcibgdvm vndv odpp c

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    20/56

    QNCP QBGGBGA VNM @OMDG MGMZAR ZD@M3

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G4>

    @cgpvz}`vbcg qczkmzp bgpvdoo jcovp bg vnm pndev mgf ce d qbgf v}zjbgm

    jodfm'

    QbiJ}zam

    z|Fzmdipvbim'`ci

    gdg`bga/ d``c}gvbga cz &5 jboobcg c vnm &>'5 jboobcg

    bgumpvmf/ cz 18 xmz`mgv c vnm vcvdo' Pbibodzor/ x}job`dgf xzbudvm zmpmdz`n dgf fmumocximgv bgumpvimgvp

    dzm nbanmpv bg vnm ]gbvmf Pvdvmp/ qnb`n d``c}gvp cz

    08 xmz`mgv c vnm qczofqbfm vcvdo' ]'P' pvzmgavn bg

    zmpmdz`n dgf umgv}zm dxbvdo bgumpvimgvp bgfb`dvmp

    vndv Dimzb`d `cgvbg}mp vc omdf bg bggcudvbcg dgf

    mdzor pvdam vm`ngcocar fmumocximgv/ qnmzmdp

    `dxd`bvr dgf cvnmz fdvd pncq bv odaabga jmnbgf

    qczof omdfmzp p}`n dp @nbgd dgf Amzidgr bg

    fmxocrimgv dgf idg}d`v}zbga c vnmpm bgumgvbcgp'

    BGUMPVIMGVAZCQVN BG @NBGDPOCQP

    Dvmz p}jpvdgvbdo adbgp bg md`n c vnm xdpv um

    rmdzp/ `omdg mgmzar bgumpvimgvp xd}pmf bg @nbgd

    C}z `}zzmgv prpvmi c

    cg)dgf)ce vd~ bg`mgvbump/

    qnbom xdzvbdoor nmox}o vcgmq mgmzar vm`ngcocar

    fmxocrimgv/ ndp xzcumg

    gcv vc jm vnm pczv c

    p}pvdbgmf pbagdo vndv bp

    zmdoor gmmfmf bg czfmz vc

    zmomdpm bggcudvbcg bg vnmidzkmvxod`m'

    Pmg' Lme Jbgadidg .GI" dv vnm :84:

    Dfudg`mf Zmpmdz`n Xzclm`vp Damg`r)

    Mgmzar .DZXD)M" Mgmzar Bggcudvbcg

    P}iibv Emj' :2/ :84:

    bg :844/ azcqbga jr cgor 4 xmz`mgv vc &6='= jboobcg'

    Gcgmvnmompp/ @nbgd zmidbgp d frgdib` n}j c `omdgmgmzar d`vbubvr bg vmzip c idg}d`v}zbga dgf

    fmxocrimgv' Icpv c vnm gdg`m dgf bgumpvimgv

    vnm `c}gvzr dvvzd`vmf qmzm fbzm`vmf dv gmq `omdg

    mgmzar amgmzdvbga `dxd`bvr/ mpxm`bdoor qbgf

    zmpc}z`mp' Qbgf mgmzar bgumpvimgvp bg @nbgd qmzm

    iczm vndg vnzmm vbimp vndv c vnm gm~v)`ocpmpv A):8

    gdvbcg dv &:2 jboobcg' P}`n p}jpvdgvbdo bgumpvimgv

    nmoxmf px}z fmxocrimgv c :8 AQ c qbgf `dxd`bvr/

    idv`nbga zm`czf bgpvdoodvbcgp bg :848' @nbgd gcq

    ndp iczm vndg 56 AQ c bgpvdoomf qbgf mgmzar`dxd`bvr/ dovnc}an d t}dzvmz cz iczm c vnbp `dxd`bvr

    idr gcv jm cxmzdvbcgdo cz `cggm`vmf vc vnm azbf'

    @nbgd dopc dvvzd`vmf &44'0 jboobcg vc vnm pcodz pm`vcz

    dgf ndp mpvdjobpnmf xcob`bmp vndv pnc}of d``momzdvm

    pcodz bgumpvimgvp bg vnm }v}zm' D gdvbcgdo vdzamv

    cz pcodz fmxocrimgv qdp zmubpmf }xqdzf bg :844 vc

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    21/56

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G 42

    QNCP QBGGBGA VNM @OMDG MGMZAR ZD@M3

    D pcodz `coom`vcz mof gm~v vc d uboodam bg Amzidgr'

    Dbzqcoe84|

    Fzmdipvbim'`ci

    D j}bofbga xcqmzmf jr pcodz mgmzar bg d @nbgmpmbgf}pvzbdo xdzk'

    Loncxm|Fzmdipvbim'`ci

    bgpvdoodvbcg c =8 AQ jr :8:8' Vc nmox d`nbmum vnmpm

    vdzamvp/ @nbgd dfcxvmf bvp zpv gdvbcgdo mmf)bg vdzb

    cz pcodz xzclm`vp bg :844' Xzcubg`bdo acumzgimgvp

    dzm dopc occkbga cz cxxczv}gbvbmp vc ndzgmpp pcodz

    mgmzar pc}z`mp' @nbgdp gdvbcgdo dgf xzcubg`bdo

    bgvmzmpv bg pcodz vm`ngcocabmp `c}of jm bixczvdgv vc

    vnm qczofqbfm pcodz bgf}pvzr b dgvb`bxdvmf fmidgf

    fm`obgm bg M}zcxm bp vc jm cpmv bg :84:'

    PCODZ FMXOCRIMGVBG AMZIDGR@CGVBG]MP

    Cumzdoo `omdg mgmzar bgumpvimgvp bg Amzidgr

    fm`obgmf = xmz`mgv bg :844 vc &08'5 jboobcg dp vnm

    acumzgimgv zmf}`mf mmf)bg vdzbp' Vnbp fbf obvvomvc pvmi vnm fmidgf c xzclm`v fmumocxmzp cz pidoo

    fbpvzbj}vmf xncvcucovdb` xzclm`vp dp iczm vndg &:8

    jboobcg qdp bgumpvmf bg vnm pm`vcz dgf 1'6 AQ c

    `dxd`bvr qdp bgpvdoomf/ zmxob`dvbga :848 fmxocrimgv

    omumop' Amzidgr omdfp vnm qczof qbvn :6'5 AQ c

    bgpvdoomf pcodz mgmzar amgmzdvbga `dxd bvr' Vnm

    `c}gvzr dopc dvvzd`vmf &>'= jboobcg cz qbgf xcqmz

    xzclm`vp/ fmxocrbga : AQ bg :844 vc jzbga bvp vcvdo

    bgpvdoomf qbgf dxd`bvr vc :2 AQ'

    Amzidgr dozmdfr cjvdbgp iczm mgmzar zci

    zmgmqdjom xcqmz pc}z`mp vndg bv fcmp zci

    g}`omdz/ `cdo/ cz gdv}zdo adp' Dfcxvbcg bg :844

    c d xodg vc d``momzdvm vnm xndpmc}v c g}`omdz

    xcqmz bp obkmor vc mgp}zm `cgvbg}mf bgumpvimgv/

    dp Amzidgr x}zp}mp pcim c vnm qczofp icpv

    dijbvbc}p `omdg mgmzar acdop'

    Qm jmobmum qm dp d `c}gvzr `dgjm d vzdbojod|mz cz d gmq dam c

    zmgmqdjom mgmzar pc}z`mp' Qm`dg jm vnm zpv idlcz bgf}pvzbdob|mf`c}gvzr vndv d`nbmump vnm vzdgpbvbcg

    vc zmgmqdjom mgmzar qbvn doovnm cxxczv}gbvbmpcz m~xczvp/fmumocximgv/ vm`ngcocar/ lcjpbv

    `dzzbmp qbvn bv'

    Amzidg @ndg`moocz Dgamod Imzkmo

    .Pc}z`m< JJ@' G}`omdz xndpm)c}v dg idkm

    Amzidgr vzdbojod|mzImzkmo' Idr 08/ :844'"

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    22/56

    QNCP QBGGBGA VNM @OMDG MGMZAR ZD@M3

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G:8

    Qczkmzp `cgpvz}`v d pcodz zmm`vcz bg Gcbfd/ Bgfbd'

    D xncvcucovdb` prpvmi ecz zmgmqdjom mgmzar bg Bvdor'

    Fzbib|Fzmdipvbim'`ci

    Pbganpcimgfzd|Fzmdipvbim'`ci

    BVDORP PCODZBGUMPVIMGVP PCDZ

    @omdg mgmzar bgumpvimgvp bg Bvdor zcpm vc &:> jboobcg

    bg :844/ bg`zmdpbga jr 0> xmz`mgv cumz :848 omumop/

    c}zvn)odzampv bg`zmdpm dicga A):8 gdvbcgp' Gmdzor doo

    c vnmpm bgumpvimgvp qmzm fbzm`vmf vc pidoo fbpvzbj}vmf

    pcodz mgmzar xzclm`vp' Jr rmdzp mgf/ dg dffbvbcgdo >

    AQ c pcodz qdp fmxocrmf dp fmumocxmzp pc}anv vc

    amv xzclm`vp `ciibppbcgmf jmczm dgvb`bxdvmf `}vp bg

    mmf)bg vdzb zdvmp' Pcodz mgmzar bp `cpv)`cixmvbvbum

    qbvn `cgumgvbcgdo dovmzgdvbump bg d udzbmvr c Bvdobdg

    idzkmvp/ dgf 4:'> AQ c pcodz `dxd`bvr ndp gcq jmmgbgpvdoomf' Cumz vnm xdpv um rmdzp/ gc A):8 `c}gvzr

    ndp m~xmzbmg`mf azmdvmz bgumpvimgv azcqvn zdvmp vndg

    Bvdor/ qnb`n dopc d`nbmump qczof)omdfbga bgumpvimgv

    omumop zmodvbum vc vnm pb|m c bvp m`cgcir'

    BGFBD @CGVBG]MP VCMIMZAM DP D @OMDG

    MGMZAR OMDFMZ@omdg mgmzar bgumpvimgvp bg Bgfbd bg`zmdpmf =6 xmz`mgv

    bg :844 vc &48': jboobcg/ ud}ovbga vndv `c}gvzr zci 48vn

    vc pb~vn xod`m bg vnm A):8 bg l}pv cgm rmdz' Vnm qbgf

    pm`vcz bg Bgfbd omf vnm qdr/ dvvzd`vbga &6'5 jboobcg dgf

    px}zzbga fmxocrimgv c :'> AQ f}zbga vnm rmdz/ d 0>

    xmz`mgv bg`zmdpm bg qbgf amgmzdvbga dxd`bvr'

    Bgfbdp x}zp}bv c bvp Gdvbcgdo Pcodz Ibppbcg/ qnb`n

    dbip vc fmxocr :8 AQ c pcodz mgmzar jr :8:8/ bp

    mubfmgv bg vnm pmumgcof bg`zmdpm bg pcodz mgmzar

    bgumpvimgvp/ vc &6': jboobcg/ dgf zm`czf bgpvdoodvbcg

    omumop' Odvm bg vnm rmdz/ d zmumzpm d}`vbcg cg 0=8 IQ c

    pcodz mgmzar jzc}anv jbfp vndv qmzm 08 xmz`mgv ocqmz

    vndg :848 omumop'

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    23/56

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G :4

    KMR EBGFBGAP

    r

    Vqc odzam qbgf v}zjbgmp bg d Gczvn Pmd qbgf edzi cee vnm `cdpv ce Gczecok/ ]'K'

    ]GBVMF KBGAFCIBGUMPVIMGV ZMJC]GFP

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G :4

    QNCP QBGGBGA VNM @OMDG MGMZAR ZD@M

    Dvmz d pndzx fzcx bg :848/ bgumpvimgvp bg vnm

    ]gbvmf Kbgafcip omdg mgmzar pm`vcz zmjc}gfmf

    bg :844 vc &2'6 jboobcg/ d 0= xmz`mgv bg`zmdpm cumz

    :848 omumop' Vnm `c}gvzrp azcqvn qdp fzbumg

    bg xdzv jr d vmgcof bg`zmdpm bg pcodz mgmzar

    bgumpvimgvp/ qnb`n azmq vc &6'> jboobcg/ gdg`bga

    vnm bgpvdoodvbcg c iczm vndg 088 IQ c xcqmz

    bg :844' P}pvdbgmf bgvmzmpv bg fmumocximgv

    c cpnczm qbgf v}zjbgmp dopc nmoxmf vc px}z

    &:'0 jboobcg qczvn c bgumpvimgv dgf 288 IQ c

    `dxd`bvr bg vnm qbgf pm`vcz' Vc fdvm/ vnm ]gbvmf

    Kbgafci ndp bgpvdoomf 5'= AQ c qbgf `dxd`bvr'

    Vnm ]gbvmf Kbgafci fbf gcv idkm vnm vcx)48

    obpvp cz dgg}do `omdg mgmzar `dxd`bvr dffbvbcgp

    .Eba}zm 40" cz um)rmdz azcqvn bg zmgmqdjom

    mgmzar `dxd`bvr .Eba}zm 46"' Cgacbga mczvp

    vc zmczi vnm gdvbcgp mom`vzb`bvr pm`vcz c}of

    nmox px}z dffbvbcgdo bgumpvimgv dgf `dxd`bvr

    dffbvbcgp bg vnm pm`vcz'

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    24/56

    EBGDG@BGA VRXMP DGF VZMGFP

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G:: Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G::

    EBGDG@BGA VRXMP

    DGF VZMGFPDJC]V VNM BGUMPVIMGV FDVD

    Vnbp zmxczv xzmpmgvp fdvd cg :844 `omdg mgmzar

    gdg`m dgf bgumpvimgv bg vnm A):8 gdvbcgp'

    X}job` dgf xzbudvm bgumpvimgvp bg zmpmdz`n dgf

    fmumocximgv vcvdobga djc}v &0= jboobcg bg :844 dzm

    gcv bg`o}fmf bg vnm A):8 bgumpvimgv xzmpmgvdvbcgp'

    Gc fdvd dzm xzmpmgvmf cz A):8 imijmzp Z}ppbd dgf

    Pd}fb Dzdjbd/ jm`d}pm `omdg mgmzar bgumpvimgv bg

    vncpm `c}gvzbmp qdp gmaobabjom' Pxdbg/ d imijmz c

    vnm M] j}v gcv dg bgfbubf}do imijmz c vnm A):8/

    bp xzmpmgvmf bgfmxmgfmgvor bg vnbp zmxczv bg ubmq

    c vnm pb|m dgf zmomudg`m c bvp `omdg mgmzar pm`vcz'

    Ecz iczm fmvdbop cg vnm zmpmdz`n imvncfcocar

    }gfmzorbga vnbp zmxczv/ xomdpm pmm Dxxmgfb~ BB'

    Joccijmza Gmq Mgmzar Ebgdg`m vzd`kp vnc}pdgfp

    c vzdgpd`vbcgp d`zcpp vnm pxm`vz}i c `omdg mgmzar

    gdg`m/ zci zmpmdz`n dgf fmumocximgv .Z%F"

    }gfbga dgf umgv}zm dxbvdo bgumpvmf bg vm`ngcocar

    dgf mdzor)pvdam `cixdgbmp/ vc vnm x}job` idzkmv

    dgf dppmv gdg`bga }pmf vc gdg`m j}pbgmpp azcqvn

    dgf omdg mgmzar fmxocrimgv' Vnm kmr bgumpvimgv

    `dvmaczbmp dzm AQ c

    `omdg mgmzar `dxd`bvr bg :844'

    Qbgf mgmzar qdp vnm xzmmzzmf pm`vcz cz dppmv

    gdg`bga bg :844/ dvvzd`vbga &1: jboobcg' Pcodz

    mgmzar dvvzd`vmf &=4'= jboobcg bg dppmv gdg`bga/

    dg bg`zmdpm c doicpv :88 xmz`mgv cumz :848

    omumop' Cvnmz zmgmqdjom mgmzar pc}z`mp/ p}`n dp

    amcvnmzido/ pidoo)nrfzc/ dgf idzbgm/ adzgmzmf

    &4: jboobcg' Dppmv gdg`bga cz jbc}mop qdp &='6

    jboobcg/ ubzv}door bfmgvb`do vc :848 omumop'

    @nbgd omf doo A):8 `cixmvbvczp bg `omdg mgmzar

    dppmv gdg`bga/ dvvzd`vbga &66'0 jboobcg' Vnm

    ]gbvmf Pvdvmp qdp pm`cgf dv &05'= jboobcg/

    coocqmf jr Bgfbd dv &2'= jboobcg dgf Amzidgr dv

    &>'1 jboobcg'

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    26/56

    EBGDG@BGA VRXMP DGF VZMGFP

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G:6

    EBA]ZM 45< A):8 DPPMV EBGDG@M JR PM@VCZ/ :886)44 .JBOOBCGP CE &"

    EBA]ZM 41< A):8 DPPMV EBGDG@M JR PM@VCZ/ :844 .JBOOBCGP CE &"

    468

    4:8

    488

    >8

    58

    68

    :8

    8

    PCODZQBGF JBCE]MOPCVNMZ ZMGMQDJOMP

    :88=:886 :885 :881 :88> :882 :848 :844

    8 48 :8 08 68 =8

    @NBGD

    ]GBVMF PVDVMP

    BGFBD

    AMZIDGR

    ZMPV CE M]):1

    JZD\BO

    PXDBG

    ]GBVMF KBGAFCI

    @DGDFD

    BVDOR

    BGFCGMPBD

    D]PVZDOBD

    EZDG@M

    LDXDG

    V]ZKMR

    DZAMGVBGDIM^B@C

    PC]VN DEZB@D

    PC]VN KCZMD

    PCODZQBGF JBCE]MOPCVNMZ ZMGMQDJOMP

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    27/56

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G :=

    EBGDG@BGA VRXMP DGF VZMGFP

    EBA]ZM 4>< A):8 BGUMPVIMGV BG PIDOO FBPVZBJ]VMF @DXD@BVR :886)44 .BG JBOOBCGP CEFCOODZP"

    >8

    18

    58

    =8

    68

    08

    :8

    48

    8

    :88=:886 :885 :881 :88> :882 :848 :844

    PIDOO FBPVZBJ]VMF @DXD@BVR

    Pidoo fbpvzbj}vmf `dxd`bvr bp dppc`bdvmf qbvn

    zmpbfmgvbdo)p`dom pcodz xzclm`vp c ompp vndg 4

    imadqdvv .IQ"' Bgumpvimgv bg pidoo fbpvzbj}vmf

    `dxd`bvr ndp azcqg jr 288 xmz`mgv cumz vnm xdpv um

    rmdzp/ zmd`nbga d zm`czf &14'= jboobcg bg :844' Kmr

    cjpmzudvbcgp bg`o}fm'4 jboobcg' Vnm ]gbvmf Kbgafcip

    bgumpvimgvp azmq jr 4/>88 xmz`mgv vc &0'>

    jboobcg'

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    28/56

    EBGDG@BGA VRXMP DGF VZMGFP

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G:5

    EBA]ZM 42< A):8 PIDOO FBPVZBJ]VMF @DXD@BVR BGUMPVIMGV/ JR @C]GVZR/ :884.JBOOBCGP CE &"

    8 = 48 4= :8 :=

    BVDOR

    AMZIDGR

    LDXDG

    ]GBVMF PVDVMP

    D]PVZDOBD

    ]GBVMF KBGAFCI

    EZDG@M

    ZMPV CE M]):1

    PXDBG

    @NBGD

    @DGDFD

    BGFBD

    PC]VN KCZMD

    X]JOB@ IDZKMV EBGDG@BGAX}job` idzkmv gdg`bga mgdjomp `cixdgbmp vc zdbpm

    `dxbvdo cz m~xdgpbcg dgf azcqvn'

    Dp vnm `omdg mgmzar m`cgcir mimzamf bg vnm ibf)

    :888p/ idgr `cixdgbmp }pmf vnm pvc`k idzkmvp vc

    }gf vnmbz azcqvn xodgp' Dv bvp xmdk bg :881/ x}job`

    idzkmv }gfbga zmd`nmf &:6'1 jboobcg .Eba}zm :8"' J}v

    A):8 x}job` cmzbgap ndum jmmg l}pv ndo c vndv omumo

    cz vnm xdpv c}z rmdzp' Bg :844/ vcvdo x}job` idzkmv

    gdg`bga moo vc &48': jboobcg/ vnm ocqmpv dic}gv

    pbg`m :885/ dgf :4 xmz`mgv jmocq :848 omumop'

    Kmr cjpmzudvbcgp bg`o}fm :882 :848 :844

    8'8 4'8 :'8 0'8 6'8 ='8

    @NBGD

    ]GBVMF PVDVMP

    AMZIDGR

    @DGDFD

    ]GBVMF KBGAFCI

    BVDOR

    JZD\BO

    EZDG@M

    BGFBD

    PC]VN KCZMD

    ZMPV CE M]):1

    D]PVZDOBD

    LDXDG

    PCODZQBGF JBCE]MOPCVNMZ ZMGMQDJOMPMEEB@BMG@R % OCQ

    @DZJCG VM@N#PMZUB@MP

    PCODZQBGF JBCE]MOPCVNMZ ZMGMQDJOMPMEEB@BMG@R % OCQ

    @DZJCG VM@N#PMZUB@MP

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    30/56

    EBGDG@BGA VRXMP DGF VZMGFP

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G:>

    EBA]ZM ::< A):8 UMGV]ZM @DXBVDO#XZBUDVM MT]BVR EBGDG@BGA JR PM@VCZ/ :886)44.JBOOBCGP CE &"

    46'8

    4:'8

    48'8

    >'8

    5'8

    6'8

    :'8

    8'8

    PCODZ QBGF JBCE]MOPCVNMZ ZMGMQDJOMPMEEB@BMG@R % OCQ

    @DZJCG VM@N#PMZUB@MP

    :88=:886 :885 :881 :88> :882 :848 :844

    UMGV]ZM @DXBVDO#XZBUDVM MT]BVREBGDG@BGA

    Umgv}zm dxbvdo dgf xzbudvm mt}bvr gdg`bga dzm

    `ocpmor obgkmf qbvn vm`ngcocar bggcudvbcg dgf

    fmumocximgv'

    Dovnc}an bv d``c}gvp cz cgor 6 xmz`mgv c `omdg

    mgmzar bgumpvimgv/ umgv}zm `dxbvdo bp dg bixczvdgv

    bgfb`dvcz c bggcudvbcg dgf fmumocximgv c

    xzcibpbga gmq omdg mgmzar vm`ngcocabmp' Umgv}zm

    `dxbvdo gdg`bga bg :844 bg`zmdpmf >'5 xmz`mgv vc

    &>'5 jboobcg'

    Kmr cjpmzudvbcgp bg`o}fm

    AQiczm vndg fc}jobga bvp bgpvdoomf pcodz

    mgmzar dxd`bvr vc 4:'6 AQ'

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    32/56

    EBGDG@BGA VRXMP DGF VZMGFP

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G08

    EBA]ZM :6< A):8BGPVDOOMF QBGF/ JBCIDPP/PIDOO)NRFZC @DXD@BVR .BG AQ"

    EBA]ZM :=< A):8BGPVDOOMF PCODZ/AMCVNMZIDO/ IDZBGM @DXD@BVR .BG AQ"

    8 :8 68 58 >8 488 4:8 468

    @NBGD

    ]GBVMF PVDVMP

    ZMPV CE M]):1

    AMZIDGR

    PXDBG

    LDXDG

    BGFBD

    JZD\BO

    BVDOR

    EZDG@M

    ]GBVMF KBGAFCI

    @DGDFD

    D]PVZDOBD

    V]ZKMR

    IM^B@C

    PC]VN KCZMD

    DZAMGVBGD

    PC]VN DEZB@D

    BGFCGMPBD

    JBCIDPP % QDPVM)

    VC)MGMZAR

    PIDOO

    NRFZC

    QBGF

    8 = 48 4= :8 :=

    AMZIDGR

    BVDOR

    ]GBVMF PVDVMP

    LDXDG

    ZMPV CE M]):1

    PXDBG

    @NBGD

    EZDG@M

    D]PVZDOBD

    IM^B@C

    PC]VN KCZMD

    @DGDFD

    BGFBD

    BGFCGMGPBD

    ]GBVMF KBGAFCI

    V]ZKMR

    JZD\BO

    DZAMGVBGD

    PC]VN DEZB@D

    PCODZ IDZBGMAMCVNMZIDO

    A):8 PVBI]O]P E]GFBGA ECZ @OMDG MGMZARBg zmpxcgpm vc vnm aocjdo m`cgcib` `zbpbp c :88>)82

    dgf vnm ocga)vmzi pvzdvmab` pbagb`dg`m c vnm `omdg

    mgmzar pm`vcz/ 4: imijmzp c vnm A):8 ciibvvmf

    iczm vndg &426 jboobcg bg pvbi}o}p }gfbga cz `omdg

    mgmzar xzcazdip' Jr vnm mgf c :844/ &46: jboobcg

    .10 xmz`mgv" ndf jmmg pxmgv/ bg`o}fbga &65 jboobcg

    .:6 xmz`mgv" bg :844' Vnm ]gbvmf Pvdvmp dgf @nbgdd``c}gvmf cz iczm vndg ndo c :844 pxmgfbga'

    Vc fdvm/ 0: xmz`mgv c pvbi}o}p }gfbga pxmgv ndp

    jmmg fbzm`vmf vc zmgmqdjom mgmzar bgbvbdvbump/ 01

    xmz`mgv vc mgmzar me`bmg`r xzcazdip/ dgf 41

    xmz`mgv vc pidzv azbf' Mbanv xmz`mgv c pvbi}o}p

    }gfbga ndp jmmg dooc`dvmf jr acumzgimgvp cz

    zmpmdz`n dgf fmumocximgv mczvp'

    C vnm }gfbga/ &=0': jboobcg zmidbgp vc jm pxmgv'

    Bv bp mpvbidvmf vndv acumzgimgvp qboo pxmgf &0='1

    jboobcg bg :84:/ jzbgabga vcvdo `omdg mgmzar pvbi}o}p

    pxmgfbga vc 24 xmz`mgv c vcvdo ciibvimgvp/ qbvn

    vnm jdodg`m vc jm pxmgv bg :840 dgf :846'

    Ezdg`m dgf @dgdfd ndum pxmgv doo `omdg mgmzar

    pvbi}o}p }gfp/ dgf Amzidgr dgf Ldxdg ndum pxmgv

    doicpv doo }gfbga' Bg fcoodz vmzip/ @nbgd ndp pxmgv

    vnm icpv/ djc}v &66 jboobcg/ coocqmf jr vnm ]gbvmf

    Pvdvmp/ qbvn &6: jboobcg pxmgv'

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    33/56

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G 04

    EBGDG@BGA VRXMP DGF VZMGFP

    EBA]ZM :5< @OMDG MGMZAR PVBI]O]P E]GFP PXMGV DGF ZMIDBGBGA/ MGF CE :844.JBOOBCGP CE &"

    ]gbvmf Pvdvmp

    @dgdfd

    Ldxdg

    Pc}vn Kczmd

    Amzidgr

    Ezdg`m

    ]gbvmf Kbgafci

    M] :1

    @nbgd

    Jzd|bo

    D}pvzdobd

    VCVDO

    Vcvdo@c}gvzr :848 :844 Zmidbgbga

    Pc}z`m< Joccijmza Gmq Mgmzar Ebgdg`m

    5='5

    8'5

    48'=

    0:'6

    4='4

    :'4

    0'6

    44'4

    65':

    :'6

    0'2

    426

    :0'5

    8

    8'4

    4='>

    8'88:

    8

    8'>

    ='0

    :':

    :'0

    :':

    =0':

    4='1

    8'=

    4'6

    5'0

    5':

    8

    4'6

    :'5

    4:

    8

    8'88>

    65'0

    :5'0

    8'4

    >'2

    48':

    >'2

    :'4

    4'0

    0':

    0:

    8':

    4'5

    2='6

    EBA]ZM :1< DGG]DO PVBI]O]P E]GFBGA ECZ @OMDG MGMZAR XZCAZDIP .JBOOBCGP CE &"

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G 04

    EBGDG@BGA VRXMP DGF VZMGFP

    >8

    18

    58

    =8

    68

    08

    :8

    48

    8

    :882 :848 :844 :84:m :840m :846m

    4:-

    01-

    :6-

    4>-

    =- 6-

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    34/56

    EBGDG@BGA VRXMP DGF VZMGFP

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G0:

    5

    >

    2

    48

    44

    40

    464=

    4=

    45

    45

    45

    45

    41

    :0

    :6

    :6

    :=

    :5

    :1

    :1

    :>

    :2

    08

    08

    04

    04

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G0:

    DXXMGFB B Bgumpvimgv jr @c}gvzr dgf Ebgdg`bga Vrxm

    Eba' 2 Vcx 48 bg @omdg Mgmzar Bgumpvimgv/ :844

    Eba' 48 Vcx 48 Cgm)Rmdz Azcqvn bg Bgumpvimgv

    Eba' 44 Vcx 48 Ebum)Rmdz Azcqvn bg Bgumpvimgv/ :885)44

    Eba' 4: Vcx 48 Bgumpvimgv Bgvmgpbvr

    Eba' 40 Vcx 48 bg Bgpvdoomf Zmgmqdjom Mgmzar @dxd`bvr

    Eba' 46 Vcx 48 Ebum)Rmdz Azcqvn bg Zmgmqdjom Mgmzar @dxd`bvr/ :885)44

    Eba' 4= Vnm P}pvdbgdjom Mgmzar Ebgdg`bga @cgvbg}}i

    Eba' 45 A):8 Dppmv Ebgdg`m jr Pm`vcz/ :886)44

    Eba' 41 A):8 Dppmv Ebgdg`m jr Pm`vcz/ :844

    Eba' 4> A):8 Pidoo Fbpvzbj}vmf @dxd`bvr Bgumpvimgv/ :886)44

    Eba' 42 A):8 Pidoo Fbpvzbj}vmf @dxd`bvr Bgumpvimgv jr @c}gvzr/ :844

    Eba' :8 X}job` Idzkmv Bgumpvimgv jr Pm`vcz/ :886)44

    Eba' :4 A):8 X}job` Idzkmv Bgumpvimgv jr Pm`vcz/ :844

    Eba' :: A):8 Umgv}zm @dxbvdo#Xzbudvm Mt}bvr Ebgdg`bga jr Pm`vcz/ :886)44

    Eba' :0 A):8 Umgv}zm @dxbvdo#Xzbudvm Mt}bvr Ebgdg`bga/ :844

    Eba' :6 A):8 Bgpvdoomf Zmgmqdjom Mgmzar @dxd`bvr

    Eba' := A):8 Bgpvdoomf Zmgmqdjom Mgmzar @dxd`bvr

    Eba' :5 @omdg Mgmzar Pvbi}o}p E}gfp Pxmgv dgf Zmidbgbga

    Eba' :1 Dgg}do Pvbi}o}p E}gfbga cz @omdg Mgmzar Xzcazdip

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    35/56

    Q N C P Q B G G B G A V N M @ O M D G M G M Z A R Z D @ M 3 : 8 4 4 M F B V B C G 00

    DXXMGFB^ :< IMVNCFCOCAR

    4 Vnm Zmpv ce vnm M] `dvmaczr bg`o}fmp D}pvzbd/ Jmoab}i/ J}oadzbd/ @rxz}p/ vnm @|m`n Zmx}job`/ Fmgidzk/ Mpvcgbd/ Ebgodgf/ Azmm`m/ N}gadzr/Bzmodgf/ Odvubd/ Obvn}dgbd/ O}~mijc}za/ Idovd/ vnm Gmvnmzodgfp/ Xcodgf/ Xczv}ado/ Zcidgbd/ Pocudkbd/ Pocumgbd/ dgf Pqmfmg'

    DXXMGFB :- c vcvdo xcqmz

    amgmzdvbcg .jr :845"

    Mvndgco =- c vcvdo adpcobgm

    `cgp}ixvbcgJbcfbmpmo 1- c vcvdo fbmpmo

    `cgp}ixvbcg

    DZAMGVBGD

    Kmr Bgumpvimgv Bg`mgvbump

    Qbgf/ Pcodz/

    Jbcidpp/ Pidoo)

    Nrfzc

    Vd~ bg`mgvbump< Udo}m)Dffmf

    Vd~ Zmjdvm # D``momzdvmf

    Fmxzm`bdvbcg Jmgmv

    Jbc}mop Vd~ m~mixvbcg cz xzcf}`mzp

    dgf a}dzdgvmmf ~mf xzb`mp

    pmv jr acumzgimgv

    Gdvbcgdo @omdg Mgmzar Xcob`bmp

    @dzjcg @dx

    @dzjcg Idzkmv

    Zmgmqdjom Mgmzar Pvdgfdzf

    @omdg Mgmzar Vd~ Bg`mgvbump

    D}vc Me`bmg`r Pvdgfdzfp

    Emmf)Bg Vdzbp

    Acumzgimgv Xzc`}zmimgv

    Azmmg Jcgfp

    Dvmz zm`czfbga vnm A):8p pndzxmpv bg`zmdpm bg `omdg

    mgmzar gdg`m bg :848/ Dzamgvbgd m~xmzbmg`mf cgm

    c vnm pndzxmpv fm`obgmp bg :844' Bgumpvimgv moo56 xmz`mgv vc &402 iboobcg cz d Gc' 41 zdgkbga bg

    vnm A):8' Pmumgvr)pb~ xmz`mgv c doo bgumpvimgvp

    qmzm bg vnm jbc}mop p}jpm`vcz cz jbcfbmpmo xodgvp'

    Qbvn cgor 58 IQ c qbgf mgmzar `dxd`bvr bgpvdoomf

    bg :844/ Dzamgvbgd idfm obvvom xzcazmpp vcqdzf bvp

    vdzamv c amgmzdvbga > xmz`mgv c bvp xcqmz zci

    `omdg mgmzar bg :845'

    FBPVZBJ]VBCG CE BGUMPVIMGVJR PM@VCZ .:88=)44"

    Bgpvdoomf @omdg Mgmzar .:844"

    Vcvdo Bgpvdoomf Zmgmqdjom Mgmzar 8'51 AQ

    Xmz`mgvdam c A):8 Vcvdo 8'4-

    =)Rmdz Azcqvn Zdvm 65-

    Kmr Zmgmqdjom Mgmzar Pm`vczpJbcfbmpmo .iOxd" 0828

    Pidoo)Nrfzc 8'6> AQ

    Qbgf 8'42 AQ

    d

    d

    d

    d

    JBCE]MOP

    5=-

    CVNMZ ZMGMQDJOMP

    PCODZ

    :4-

    40-4-

    QBGF

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    37/56

    0

    @C]GVZRXZC

    EBOMP

    @omdg mgmzar bgumpvimgv bg D}pvzdobd bg`zmdpmf 44

    xmz`mgv bg :844 vc &6'2 jboobcg cz vnm Gc' 40 xcpbvbcg

    bg vnm A):8' Vnm udpv idlczbvr c bgumpvimgvp bgD}pvzdobd>: xmz`mgv/ cz &6 jboobcgqmzm fbzm`vmf

    vcqdzf vnm pcodz pm`vcz/ xzbidzbor cz pidoo zmpbfmgvbdo

    xzclm`vp/ qnb`n d``c}gvmf cz 188 IQ c vnm 4/888

    IQ c `omdg mgmzar dffmf bg :844' Dg dffbvbcgdo

    :>= IQ c qbgf dxd`bvr qdp bgpvdoomf/ dovnc}an

    bgumpvimgv bg vnm qbgf pm`vcz moo pndzxor vc ompp vndg

    &>88 iboobcg' D}pvzdobd zm`czfmf vnm vnbzf)nbanmpv omumo

    c omdg mgmzar bgumpvimgv xmz }gbv c cumzdoo m`cgcib`

    c}vx}v' Vnm gdvbcg zdgkp c}zvn bg vmzip c um)rmdz

    zdvm c bgumpvimgv azcqvn dgf gbgvn cz um)rmdz zdvm c

    azcqvn bg `omdg amgmzdvbcg `dxd`bvr' Bg :844/ D}pvzdobd

    dfcxvmf d dzjcg vd~/ qnb`n bp p`nmf}omf vc vdkmmm`v bg L}or :84:' Vnbp xcob`r c}of px}z vnm dffbvbcgdo

    bgumpvimgv gmmfmf vc d`nbmum vnm gdvbcgp vdzamv c :8

    xmz`mgv zmgmqdjom mgmzar bg :8:8'

    Ebgdg`m dgf Bgumpvimgv .:844"

    Vcvdo Bgumpvimgv &6'2 jboobcgA):8 Bgumpvimgv Zdgk 40

    Xmz`mgvdam c A):8 Vcvdo :':-

    =)Rmdz Azcqvn Zdvm :>-

    Bgpvdoomf @omdg Mgmzar .:844"

    Vcvdo Zmgmqdjom Mgmzar @dxd`bvr =': AQ

    Xmz`mgvdam c A):8 Vcvdo 4-

    =)Rmdz Azcqvn Zdvm :2-

    Kmr Zmgmqdjom Mgmzar Pm`vczp

    Qbgf :'0 AQ

    Jbcidpp % Qdpvm 8'85 AQ

    Pcodz 4'0 AQ

    Kmr @omdg Mgmzar Vdzamvp .:8:8"

    D]PVZDOBD

    Kmr Bgumpvimgv Bg`mgvbump

    Pcodz Amgmzdvbcg)jdpmf p}jpbfbmp

    Doo Zmgmqdjom

    Mgmzar

    Azmmg mzvb`dvmp

    Mt}bvr }gfumgv}zm dxbvdo

    cz pidoo zmgmqdjom mgmzar

    `cixdgbmp

    Gdvbcgdo @omdg Mgmzar Xcob`bmp

    @dzjcg @dx

    @dzjcg Idzkmv

    Zmgmqdjom Mgmzar Pvdgfdzf

    @omdg Mgmzar Vd~ Bg`mgvbump

    D}vc Me`bmg`r Pvdgfdzfp

    Emmf)Bg Vdzbp

    Acumzgimgv Xzc`}zmimgv

    Azmmg Jcgfp

    d

    d

    d

    d

    d

    FBPVZBJ]VBCG CE BGUMPVIMGVJR PM@VCZ .:88=)44"

    QBGF

    6:-

    CVNMZ ZMGMQDJOMP

    JBCE]MOP

    60-

    1-

    5-

    PCODZ

    Zmgmqdjom

    mgmzar

    :8- c vcvdo cgp}ixvbcg

    MEEB@BMG@R % OCQ @DZJCGVM@N#PMZUB@MP

    :-

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    38/56

    Q

    NCP

    Q

    BGGBGA

    VNM

    @OMDG

    MGMZAR

    ZD@M3

    :844

    MFBVBCG

    05

    @C]GVZRXZCEBOMP

    Ebgdg`m dgf Bgumpvimgv .:844"

    Vcvdo Bgumpvimgv &> jboobcg

    A):8 Bgumpvimgv Zdgk 48

    Xmz`mgvdam c A):8 Vcvdo 0'5-

    =)Rmdz Azcqvn Zdvm 46-

    Bgpvdoomf @omdg Mgmzar .:844"

    Vcvdo Zmgmqdjom Mgmzar @dxd bvr 4='0 AQ

    Xmz`mgvdam c A):8 Vcvdo 0-

    =)Rmdz Azcqvn Zdvm 62-

    Kmr Zmgmqdjom Mgmzar Pm`vczpJbcmvndgco .iOxd" 05 Jboobcg

    Jbcidpp >'1 AQ

    Pidoo)Nrfzc = AQ

    Kmr @omdg Mgmzar Vdzamvp .:84:"

    Qbgf 4'> AQ

    Mvndgco :8- c vcvdo adpcobgm `cgp}ixvbcg

    Jbcfbmpmo =- c vcvdo fbmpmo `cgp}ixvbcg

    JZD\BO

    Kmr Bgumpvimgv Bg`mgvbump

    Qbgf Amgmzdvbcg)jdpmf p}jpbfbmp # XzmmzmgvbdoJGFMP ocdgp# Vzdgpibppbcg dgffbpvzbj}vbcg vd~mp fbp`c}gv #Vd~ bg mgvbump

    Pidoo)Nrfzc Amgmzdvbcg)jdpmf p}jpbfbmp # XzmmzmgvbdoJGFMP ocdgp# Vzdgpibppbcg dgffbpvzbj}vbcg vd~mp fbp`c}gv #Vd~ bg mgvbump

    Jbcidpp Amgmzdvbcg)jdpmf p}jpbfbmp # XzmmzmgvbdoJGFMP ocdgp# Vzdgpibppbcg dgffbpvzbj}vbcg vd~mp fbp`c}gv #Vd~ bg mgvbump

    @omdg mgmzar bgumpvimgv bg Jzd|bo bg`zmdpmf jr

    4= xmz`mgv vc &> jboobcg/ 48vn cumzdoo bg vnm A):8'

    Jzd|bo bp idkbga `omdz xzcazmpp bg bvp `omdg mgmzarpm`vcz/ qnb`n ndp zm`czfmf vnm vnbzf)dpvmpv

    bgpvdoomf `dxd`bvr azcqvn bg vnm xdpv um rmdzp'

    Jzd|bo p}zxdppmf 4 AQ bg bgpvdoomf qbgf `dxd`bvr bg

    :844/ dffbga 688 IQ/ dgf vnm pm`vcz bp xzbimf vc

    m~xdgf bg vnm `cibga rmdzp' Dg dffbvbcgdo 4'2 AQ

    c jbcidpp qdp bgpvdoomf bg :844/ idkbga Jzd|bo vnm

    qczof omdfmz cz bgpvdoomf `dxd`bvr bg vnbp `dvmaczr

    cz vnm zpv vbim' Jzd|bo dopc zmidbgp vnm qczof omdfmz

    bg jbcfbmpmo c}vx}v `dxd`bvr' Bg d :844/ zmumzpm

    d}`vbcg cz gmq xcqmz amgmzdvbcg dxd`bvr/ jbfp cz

    4'2 AQ c qbgf xcqmz `dim bg dv &5:#IQ)n ompp

    m~xmgpbum vndg cgumgvbcgdo xcqmz dovmzgdvbump dgfvnmg qbgf cmzbgap dgrqnmzm bg vnm qczof'

    Gdvbcgdo @omdg Mgmzar Xcob`bmp

    @dzjcg @dx

    @dzjcg Idzkmv

    Zmgmqdjom Mgmzar Pvdgfdzf

    @omdg Mgmzar Vd~ Bg`mgvbump

    D}vc Me`bmg`r Pvdgfdzfp

    Emmf)Bg Vdzbp

    Acumzgimgv Xzc`}zmimgv

    Azmmg Jcgfp

    d

    d

    d

    d

    d

    d

    FBPVZBJ]VBCG CE BGUMPVIMGVJR PM@VCZ .:88=)44"

    JBCE]MOP

    =8-

    CVNMZ ZMGMQDJOMP

    :1-

    :0-

    QBGF

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    39/56

    0

    @C]GVZRXZC

    EBOMP

    @dgdfdp omdg mgmzar bgumpvimgv azmq jr 6 xmz`mgv

    bg :844 vc &='= jboobcg' Vnm `c}gvzr zdgkp 44vn

    dicga vnm A):8 gdvbcgp cz `omdg mgmzar bgumpvimgvj}v pb~vn bg bgumpvimgv bgvmgpbvr dgf pmumgvn bg

    um)rmdz bgumpvimgv azcqvn' Bg dffbvbcg/ @dgdfdm~xmzbmg`mf vnm mbanvn)dpvmpv azcqvn bg bgpvdoomf

    `omdg mgmzar amgmzdvbga `dxd`bvr' Bg :844/ l}pv cumzndo c vnm bgumpvimgvp bg @dgdfd qmzm fbzm`vmf vc

    qbgf zmpc}z`mp .&:'> jboobcg"/ mgdjobga dffbvbcg c4'0 AQ c qbgf amgmzdvbga `dxd`bvr' Vnbzvr)pmumgxmz`mgv c bgumpvimgvp .&: jboobcg" qmzm fbzm`vmf

    vc vnm pcodz pm`vcz/ qnmzm :88 IQ c zmpbfmgvbdodgf `ciimz`bdo pcodz qdp bgpvdoomf' Doicpv doo c

    vnm @dgdfbdg bgumpvimgv qdp bg vnm dppmv gdg`m`dvmaczr'

    Ebgdg`m dgf Bgumpvimgv .:844"

    Vcvdo Bgumpvimgv &='= jboobcgA):8 Bgumpvimgv Zdgk 44

    Xmz`mgvdam c A):8 Vcvdo :'6-

    =)Rmdz Azcqvn Zdvm ::-

    Bgpvdoomf @omdg Mgmzar .:844"

    Vcvdo Zmgmqdjom Mgmzar @dxd`bvr 2'5 AQ

    Xmz`mgvdam c A):8 Vcvdo 4'2-

    =)Rmdz Azcqvn Zdvm 0:-

    Kmr Zmgmqdjom Mgmzar Pm`vczp

    Qbgf ='6 AQ

    Pidoo)Nrfzc : AQ

    Jbcidpp % Qdpvm 4'> AQ

    Pcodz 8'61 AQ

    Kmr @omdg Mgmzar Vdzamvp .:8:8"

    @DGDFD

    Kmr Bgumpvimgv Bg`mgvbump,

    Qbgf/ Pcodz/ Amgmzdvbcg)jdpmf p}jpbfbmp #

    Jbcidpp Xzmmzmgvbdo ocdgp

    Gdvbcgdo @omdg Mgmzar Xcob`bmp

    @dzjcg @dx

    @dzjcg Idzkmv

    Zmgmqdjom Mgmzar Pvdgfdzf

    @omdg Mgmzar Vd~ Bg`mgvbump

    D}vc Me`bmg`r Pvdgfdzfp

    Emmf)Bg Vdzbp

    Acumzgimgv Xzc`}zmimgv

    Azmmg Jcgfpd

    d

    Qbgf.T}mjm`"

    Pcodz

    6'1 AQ

    8'= AQ

    FBPVZBJ]VBCG CE BGUMPVIMGVJR PM@VCZ .:88=)44"

    QBGF

    =5-

    CVNMZ ZMGMQDJOMP

    JBCE]MOP

    42-

    40-

    >-

    PCODZ

    MEEB@BMG@R % OCQ @DZJCG

    VM@N#PMZUB@MP

    6-

    ,Bg`mgvbump xzbidzbor vnzc}an xzcubg`bdo acumzgimgvp

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    40/56

    Q

    NCP

    Q

    BGGBGA

    VNM

    @OMDG

    MGMZAR

    ZD@M3

    :844

    MFBVBCG

    0>

    @C]GVZRXZCEBOMP

    Ebgdg`m dgf Bgumpvimgv .:844"

    Vcvdo Bgumpvimgv &6='= jboobcg

    A):8 Bgumpvimgv Zdgk :

    Xmz`mgvdam c A):8 Vcvdo :8':-

    =)Rmdz Azcqvn Zdvm 01-

    Bgpvdoomf @omdg Mgmzar .:844"

    Vcvdo Zmgmqdjom Mgmzar @dxd`bvr 400

    Xmz`mgvdam c A):8 Vcvdo :5-

    =)Rmdz Azcqvn Zdvm 2:-

    Kmr Zmgmqdjom Mgmzar Pm`vczpQbgf 56 AQ

    Pidoo)Nrfzc 5: AQ

    Jbcidpp % Qdpvm 6 AQ

    Pcodz XU 0 AQ

    Kmr @omdg Mgmzar Vdzamvp .:8:8"

    Qbgf 458 AQ

    Jbcidpp % QVM 08 AQ

    Pcodz =8 AQ

    @NBGD

    Kmr Bgumpvimgv Bg`mgvbump

    Qbgf Eb~mf mmf)bg vdzb

    Zmgmqdjom Mgmzar Zmgmqdjom mgmzarp}z`ndzam dgf

    p}jpbfr p`nmim

    Pcodz Eb~mf mmf)bg vdzb/ zccvcxdgf j}bofbga bgvmazdvmf

    XU p}jpbfr/ xncvcucovdb`vd~ p}jpbfbmp

    @nbgd dvvzd`vmf &6='6 jboobcg qczvn c `omdg mgmzar

    bgumpvimgvp bg :844/ qnb`n qdp 4 xmz`mgv djcum

    :848 omumop/ fzcxxbga vnm `c}gvzr zci vnm A):8omdf vc pm`cgf xod`m cz vnm zpv vbim bg vnzmm rmdzp'@nbgd cgvbg}mf vc dvvzd`v pbagb`dgv bgumpvimgvbg qbgf/ qnb`n vcvdomf &:2 jboobcg bg :844/ px}zzbga

    fmxocrimgv c :8 AQ c qbgf `dxd`bvr' @nbgd dopcomdfp bg d g}ijmz c `dvmaczbmp/ bg`o}fbga cumzdoo

    bgpvdoomf `dxd`bvr/ nmdfmf jr d qczof)omdfbga 56AQ c qbgf `dxd`bvr dgf 5: AQ c pidoo)nrfzc

    xcqmz' Bv zdgkp vnbzf bg um)rmdz bgumpvimgv azcqvn/zpv bg bgpvdoomf amgmzdvbga `dxd`bvr bg :844 dgfcumz vnm xdpv um rmdzp/ dgf vnbzf bg bgumpvimgv

    bgvmgpbvr' Bgumpvimgvp bg pcodz mgmzar bg`zmdpmf vc&44'0 jboobcg/ dgf :'0 AQ c `dxd`bvr qdp bgpvdoomf bg

    :844/ icpv c bv }vbobvr)p`dom xzclm`vp' @nbgdp zm`mgvdfcxvbcg c pcodz bg`mgvbump dgf vdzamvp `c}of jm

    `zbvb`do vc vnm qczofqbfm bgf}pvzr bg vnm rmdzp dnmdf'

    Gdvbcgdo @omdg Mgmzar Xcob`bmp

    @dzjcg @dx

    @dzjcg Idzkmv

    Zmgmqdjom Mgmzar Pvdgfdzf

    @omdg Mgmzar Vd~ Bg`mgvbump

    D}vc Me`bmg`r Pvdgfdzfp

    Emmf)Bg Vdzbp

    Acumzgimgv Xzc`}zmimgv

    Azmmg Jcgfp

    d

    d

    d

    d

    d

    d

    FBPVZBJ]VBCG CE BGUMPVIMGVJR PM@VCZ .:88=)44"

    QBGF

    5>-

    CVNMZ ZMGMQDJOMP

    JBCE]MOP

    46-

    40-

    0-

    PCODZ

    MEEB@BMG@R % OCQ @DZJCG

    VM@N#PMZUB@MP

    4-

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    41/56

    0

    @C]GVZRXZC

    EBOMP

    Ezdg`m bg :844 m~xmzbmg`mf 05 xmz`mgv azcqvn bg

    `omdg mgmzar bgumpvimgvp/ qnb`n bg`zmdpmf vc &=

    jboobcg/ vnm vn)nbanmpv azcqvn zdvm bg vnm A):8'Vnm pcodz pm`vcz bg Ezdg`m azmq pbagb`dgvor/ qbvn

    bgpvdoodvbcgp bg`zmdpbga 46= xmz`mgv cumz :848

    omumop vc 4'5 AQ/ bg`o}fbga 588 IQ c }vbobvr)p`dom

    pcodz' Iczm vndg >8 xmz`mgv c vnm `omdg mgmzar

    bgumpvimgvp bg Ezdg`m qmgv vc vnm pcodz pm`vcz/ qnb`n

    zm`mbumf &6'6 jboobcg' Bgumpvimgv qdp dbzor mumgor

    pxobv jmvqmmg dppmv gdg`m dgf pidoo fbpvzbj}vmf

    `dxd`bvr' Ezdg`m dopc dffmf 188 IQ c qbgf

    `dxd`bvr dgf bp Gc' 1 bg vnm A):8 cz um)rmdz zdvm

    c azcqvn bg bgpvdoomf `omdg mgmzar `dxd`bvr' Vnm

    gdvbcg dfcxvmf pcodz xncvcucovdb` mmf)bg vdzbp dgf

    bp xod`bga d xzbczbvr cg fmumocximgv c cpnczm qbgfdgf mgmzar me`bmg`r zmpc}z`mp bg vnm `cibga rmdzp'

    Ebgdg`m dgf Bgumpvimgv .:844"

    Vcvdo Bgumpvimgv &= jboobcg

    A):8 Bgumpvimgv Zdgk =

    Xmz`mgvdam c A):8 Vcvdo :':-

    =)Rmdz Azcqvn Zdvm 8'4-

    Bgpvdoomf @omdg Mgmzar .:844"

    Vcvdo Zmgmqdjom Mgmzar @dxd`bvr 4> AQ

    Xmz`mgvdam c A):8 Vcvdo 0'=-

    =)Rmdz Azcqvn Zdvm 64-

    Kmr Zmgmqdjom Mgmzar Pm`vczpQbgf 5'0 AQ

    Pidoo)Nrfzc 1'5 AQ

    Pcodz XU :'1 AQ

    Jbcidpp % Qdpvm 8'>6 AQ

    Kmr @omdg Mgmzar Vdzamvp

    Zmgmqdjom Mgmzar :0- c gdo mgmzar`cgp}ixvbcg jr :8:8

    Vzdgpxczvdvbcg Zmgmqdjom mgmzar 48- cvzdgpxczvdvbcg mgmzar jr:8:8

    Me`bmg`r :8- zmf}`vbcg bg xzbidzrmgmzar cgp}ixvbcg

    EZDG@M

    Kmr Bgumpvimgv Bg`mgvbump

    Qbgf/ Pcodz Emmf)bg vdzbp

    ZM Mt}bximgv Vd~ `zmfbv cz ZM mt}bximgv

    }pmf cz zmpbfmgvbdo xcqmz

    Vmgfmz cmzp Cpnczm qbgf 5 AQ :844)4:;

    XU odzamz vndg 488 kQ bp

    xzmmzzmf jr dx

    Me`bmg`r Mgmzar pdubga mzvb`dvm

    xzcazdi

    Gdvbcgdo @omdg Mgmzar Xcob`bmp

    @dzjcg @dx

    @dzjcg Idzkmv

    Zmgmqdjom Mgmzar Pvdgfdzf

    @omdg Mgmzar Vd~ Bg`mgvbump

    D}vc Me`bmg`r Pvdgfdzfp

    Emmf)Bg Vdzbp

    Acumzgimgv Xzc`}zmimgv

    Azmmg Jcgfp

    d

    d

    d

    d

    d

    d

    FBPVZBJ]VBCG CE BGUMPVIMGVJR PM@VCZ .:88=)44"

    QBGF

    =:-

    CVNMZ ZMGMQDJOMP

    JBCE]MOP

    00-

    >-

    1-

    PCODZ

    MEEB@BMG@R % OCQ @DZJCGVM@N#PMZUB@MP

    4-

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    42/56

    Q

    NCP

    Q

    BGGBGA

    VNM

    @OMDG

    MGMZAR

    ZD@M3

    :844

    MFBVBCG

    68

    @C]GVZRXZCEBOMP

    Ebgdg`m dgf Bgumpvimgv .:844"

    Vcvdo Bgumpvimgv &08'5 jboobcg

    A):8 Bgumpvimgv Zdgk 0

    Xmz`mgvdam c A):8 Vcvdo 46-

    =)Rmdz Azcqvn Zdvm :8-

    Bgpvdoomf @omdg Mgmzar .:844"

    Vcvdo Zmgmqdjom Mgmzar @dxd`bvr 54 AQ

    Xmz`mgvdam c A):8 Vcvdo 4:-

    =)Rmdz Azcqvn Zdvm 42-Kmr Zmgmqdjom Mgmzar Pm`vczp

    Qbgf :2 AQ

    Pcodz := AQ

    Jbcidpp % Qdpvm ='1 AQ

    Pidoo)Nrfzc 4'2 AQ

    Kmr @omdg Mgmzar Vdzamvp .:8:8"

    Zmgmqdjom :0- c gdo mgmzarMgmzar `cgp}ixvbcg jr :8:8

    Vzdgpxczvdvbcg Zmgmqdjom mgmzar 48- c

    vzdgpxczvdvbcg mgmzar jr :8:8

    AMZIDGR

    Kmr Bgumpvimgv Bg`mgvbump

    Qbgf/ Pcodz/ Emmf)bg vdzbp .d``momzdvmf EbV czJbcidpp cpnczm qbgf"

    Jbc}mop Jbc}mo jomgfbga zmt}bzmimgv

    Zmgmqdjom Idzkmv bg`mgvbump

    nmdvbga

    Amzidgr dvvzd`vmf = xmz`mgv ompp bgumpvimgv bg :844vndg bg :848/ adzgmzbga &08'5 jboobcg' Vnbp fm`obgm

    pnbvmf Amzidgrp zdgk zci pm`cgf vc vnbzf xod`m bgvnm A):8' Ncqmumz/ bgumpvimgv omumop qmzm pbagb`dgv

    mgc}an vc px}z fmxocrimgv c 1'= AQ c pcodzamgmzdvbga `dxd`bvr/ vnm pdim omumo zm`czfmf bg :848'

    Iczm vndg vqc)vnbzfp c vnm bgpvdoomf pcodz `cgpvbv}vmfpidoo/ `ciimz`bdo xzclm`vp' Pb~vr)um xmz`mgv cbgumpvimgv bg Amzidgr qdp fbzm`vmf vcqdzf pcodz/

    qbvn :2 xmz`mgv .&>'= jboobcg" fbzm`vmf vc qbgf' Bgdffbvbcg/ 188 IQ c jbcidpp `dxd`bvr qdp dffmf bg

    :844' Amzidgr bp pm`cgf bg vnm A):8 cz bgumpvimgvbgvmgpbvr dgf vnbzf bg bgpvdoomf dxd`bvr' Vnm `c}gvzrp

    `}zvdboimgv c pcodz bg`mgvbump `c}of jm ibvbadvmfjr bvp fm`bpbcg vc d``momzdvm vnm xndpmc}v c g}`omdzamgmzdvbga `dxd`bvr jr :8::'

    Gdvbcgdo @omdg Mgmzar Xcob`bmp

    @dzjcg @dx

    @dzjcg Idzkmv

    Zmgmqdjom Mgmzar Pvdgfdzf

    @omdg Mgmzar Vd~ Bg`mgvbump

    D}vc Me`bmg`r Pvdgfdzfp

    Emmf)Bg Vdzbp

    Acumzgimgv Xzc`}zmimgv

    Azmmg Jcgfp

    d

    d

    d

    d

    d

    d

    FBPVZBJ]VBCG CE BGUMPVIMGVJR PM@VCZ .:88=)44"

    QBGF

    11-

    CVNMZ ZMGMQDJOMP JBCE]MOP

    45-

    6- :-

    PCODZ

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    43/56

    6

    @C]GVZRXZC

    EBOMP

    Bgfbdp omdg mgmzar pm`vcz qdp vnm pm`cgf)dpvmpv)azcqbga bg vnm A):8 bg :844/ qbvn bgumpvimgvp

    bg`zmdpbga =6 xmz`mgv vc &48': jboobcg' Pcodz mgmzarbgumpvimgvp qmzm }x pmumgcof/ dgf bgpvdoomf`dxd`bvr bg`zmdpmf 48 vbimp djcum :848 omumop' Bg

    vnm }vbobvr pcodz `dvmaczr/ djc}v 088 IQ c `dxd`bvrqdp dffmf/ dgf 65 IQ qdp bgpvdoomf bg zmpbfmgvbdo

    pcodz' Qbgf mgmzar dxd`bvr dffbvbcgp qmzm dzm`czf :'> AQ' Vnmpm g}ijmzp zmm`v jdodg`mf

    bgumpvimgvp bg Bgfbd/ qnmzm 6= xmz`mgv c gdg`bga.&6'5 jboobcg" qdp fbzm`vmf vc qbgf zmpc}z`mp dgf 64xmz`mgv .&6': jboobcg" qmgv vc pcodz' Bgfbdp azcqvn

    xzcxmoomf bv zci 48vn vc pb~vn xod`m bg vnm A):8/

    dgf vnm `c}gvzr zdgkp vn bg vmzip c um)rmdzbgumpvimgv azcqvn'

    Ebgdg`m dgf Bgumpvimgv .:844"

    Vcvdo Bgumpvimgv &48': jboobcg

    A):8 Bgumpvimgv Zdgk 5

    Xmz`mgvdam c A):8 Vcvdo 6'=-

    =)Rmdz Azcqvn Zdvm :0-

    Bgpvdoomf @omdg Mgmzar .:844"

    Vcvdo Zmgmqdjom Mgmzar @dxd`bvr ::'6 AQ

    Xmz`mgvdam c A):8 Vcvdo 6'6-

    =)Rmdz Azcqvn Zdvm :4-

    Kmr Zmgmqdjom Mgmzar Pm`vczp

    Qbgf 4='1 AQ

    Pidoo)Nrfzc 0': AQ

    Jbcidpp % Qdpvm 0 AQ

    Pcodz 8'6 AQ

    Kmr @omdg Mgmzar Vdzamvp .:84:"

    Qbgf 41'5 AQ

    Pcodz 0'6 AQJbcidpp :'> AQ

    BGFBD

    Kmr Bgumpvimgv Bg`mgvbump,

    Gdvbcgdo @omdg Mgmzar Xcob`bmp

    @dzjcg @dx

    @dzjcg Idzkmv

    Zmgmqdjom Mgmzar Pvdgfdzf

    @omdg Mgmzar Vd~ Bg`mgvbump

    D}vc Me`bmg`r Pvdgfdzfp

    Emmf)Bg Vdzbp

    Acumzgimgv Xzc`}zmimgv

    Azmmg Jcgfpd

    d

    d

    d

    ,Bg`mgvbump xzbidzbor vnzc}an xzcubg`bdo bgumpvimgvp

    FBPVZBJ]VBCG CE BGUMPVIMGV JRPM@VCZ .:88=)44"

    QBGF

    =4-

    CVNMZ ZMGMQDJOMP JBCE]MOP

    04-

    4=-

    :-

    PCODZ

    Qbgf/ Pcodz Emmf)bg vdzbp/ Zmgmqdjom

    Pidoo)Nrfzc/ D``momzdvmf fmxzm`bdvbcg c >8- bg rmdzJbcidpp cgm

    Zmgmqdjom Xzmmzmgvbdo vd~ zdvm c 4=- bgpvmdf cMgmzar vnm pvdgfdzf 08-

    Gdvbcgdo Acdo Gdvbcgdo Pcodz Ibppbcgqnb`ndbip vc fmxocr :8 AQ c pcodz mgmzarjr :8:8

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    44/56

    Q

    NCP

    Q

    BGGBGA

    VNM

    @OMDG

    MGMZAR

    ZD@M3

    :844

    MFBVBCG

    6:

    @C]GVZRXZCEBOMP

    Gdvbcgdo @omdg Mgmzar Xcob`bmp

    @dzjcg @dx

    @dzjcg Idzkmv

    Zmgmqdjom Mgmzar Pvdgfdzf

    @omdg Mgmzar Vd~ Bg`mgvbump

    D}vc Me`bmg`r Pvdgfdzfp

    Emmf)Bg Vdzbp

    Acumzgimgv Xzc`}zmimgv

    Azmmg Jcgfp

    d

    dd

    d

    Ebgdg`m dgf Bgumpvimgv .:844"

    Vcvdo Bgumpvimgv &4 jboobcg

    A):8 Bgumpvimgv Zdgk 46

    Xmz`mgvdam c A):8 Vcvdo 8'6-

    =)Rmdz Azcqvn Zdvm =0-

    Bgpvdoomf @omdg Mgmzar .:844"

    Vcvdo Zmgmqdjom Mgmzar @dxd`bvr 4': AQ

    Xmz`mgvdam c A):8 Vcvdo 8':-

    =)Rmdz Azcqvn Zdvm >-

    Kmr Zmgmqdjom Mgmzar Pm`vczp

    Jbcfbmpmo .iOxd" :/601

    Amcvnmzido 4 AQ

    Pidoo)Nrfzc 8': AQ

    Kmr @omdg Mgmzar Vdzamvp .:8:="

    BGFCGMPBD

    Kmr @omdg Mgmzar Bg`mgvbump

    Bgfcgmpbd zm`czfmf =:8 xmz`mgv azcqvn bg dvvzd`vbga`omdg mgmzar bgumpvimgvp bg :844/ vnm dpvmpv zdvm

    dicga A):8 imijmz gdvbcgp' Cumzdoo/ iczm vndg

    &4 jboobcg qdp bgumpvmf bg `omdg mgmzar dppmvp bg

    Bgfcgmpbd bg :844' Vnm `c}gvzr ndp dg mpvbidvmf

    68 xmz`mgv c vnm qczofp kgcqg amcvnmzido mgmzar

    zmpc}z`m/ dgf :844 bgumpvimgvp qmzm a}bfmf vcqdzf

    fmumocxbga vnbp gdv}zdo pc}z m c nmdv' Bgfcgmpbdp

    zdxbf :844 azcqvn bg`zmdpmf bvp um)rmdz azcqvn

    zdvm/ zdgkbga bv pm`cgf dicga A):8 gdvbcgp bg vndv

    `dvmaczr'

    FBPVZBJ]VBCG CE BGUMPVIMGV JRPM@VCZ .:88=)44"

    >>-

    CVNMZ ZMGMQDJOMP JBCE]MOP

    48-

    MEEB@BMG@R % OCQ @DZJCG

    VM@N#PMZUB@MP

    :-

    Amcvnmzido 2'= AQ

    Qbgf 218 IQ

    Pcodz >18 IQZmgmqdjom 4=- c doo mom`vzb`bvr vc jmMgmzar Xcqmz pc}z`mf zci omdg mgmzar

    Amcvnmzido Xzmmzmgvbdo vdzbp/ gc bixczv f}vbmpcz UDV/ bg`cim vd~ zmf}`vbcg

    Zmgmqdjom Xzmmzmgvbdo vdzb cz xzclm`vp jmocqMgmzar Xcqmz 48IQ/ bixczv f}vr dgf UDV

    m~mixvbcg/ bg`cim vd~ zmf}`vbcg/a}dzdgvmmf x}z`ndpm c zmgmqdjom

    xcqmz jr pvdvm }vbobvbmp

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    45/56

    6

    @C]GVZRXZC

    EBOMP

    Gdvbcgdo @omdg Mgmzar Xcob`bmp

    @dzjcg @dx

    @dzjcg Idzkmv

    Zmgmqdjom Mgmzar Pvdgfdzf

    @omdg Mgmzar Vd~ Bg`mgvbump

    D}vc Me`bmg`r Pvdgfdzfp

    Emmf)Bg Vdzbp

    Acumzgimgv Xzc`}zmimgv

    Azmmg Jcgfp

    d

    d

    d

    d

    d

    d

    d

    Bvdor `cgvbg}mf vc fbpvbga}bpn bvpmo dp cgm c vnm

    qczofp icpv frgdib` pcodz idzkmvp/ qbvn cumzdoo

    `omdg mgmzar bgumpvimgv zbpbga 0>'6 xmz`mgv vc dzm`czf &:> jboobcg' Doicpv doo c vnmpm bgumpvimgvpqmzm fbzm`vmf vcqdzf fmumocximgv c pcodz mgmzar/xzcxmoobga bgpvdoodvbcg c > AQ c amgmzdvbga

    `dxd`bvr/ iczm vndg ndo c bv pidoo `ciimz`bdoxzclm`vp/ j}v dopc d qczof)omdfbga :': AQ c }vbobvr)

    p`dom amgmzdvbga `dxd`bvr' Vnm `c}gvzr dopc bgpvdoomf4 AQ c qbgf' Bvdor gcq zdgkp c}zvn bg vnm A):8

    cz `omdg mgmzar bgumpvimgv/ zpv bg um)rmdz zdvm cbgumpvimgv azcqvn/ zpv bg bgumpvimgv bgvmgpbvr/ dgfpb~vn bg bgpvdoomf `omdg mgmzar `dxd bvr' Qnmzmdp

    cvnmz M}zcxmdg gdvbcgp ndum pbagb`dgvor }zvdbomfzmgmqdjom mgmzar bg`mgvbump bg ubmq c j}famv

    xzmpp}zmp/ Bvdor ndp xzcvm`vmf vnmpm bg`mgvbump bgncxmp c pvbi}odvbga m`cgcib` azcqvn'

    Ebgdg`m dgf Bgumpvimgv .:844"

    Vcvdo Bgumpvimgv &:> jboobcg

    A):8 Bgumpvimgv Zdgk 6

    Xmz`mgvdam c A):8 Vcvdo 4:'6-

    =)Rmdz Azcqvn Zdvm >2-

    Bgpvdoomf @omdg Mgmzar .:844"

    Vcvdo Zmgmqdjom Mgmzar @dxd`bvr :> AQ

    Xmz`mgvdam c A):8 Vcvdo ='=-

    =)Rmdz Azcqvn Zdvm 61-

    Kmr Zmgmqdjom Mgmzar Pm`vczpPcodz 4:'6 AQ

    Pidoo)Nrfzc ='> AQ

    Jbcidpp % Qdpvm 4'2 AQ

    Amcvnmzido 8'>1 AQ

    Qbgf 5'1 AQ

    Kmr @omdg Mgmzar Vdzamvp .:8:8"

    BVDOR

    Kmr Bgumpvimgv Bg`mgvbump

    FBPVZBJ]VBCG CE BGUMPVIMGV JRPM@VCZ .:88=)44"

    QBGF

    >0-

    CVNMZ ZMGMQDJOMP JBCE]MOP

    4:-

    6- 4-

    PCODZ

    Zmgmqdjom 41- c gdo mgmzar cgp}ixvbcg jr :8:8

    Mgmzar

    Vzdgpxczvdvbcg Zmgmqdjom mgmzar 48- c vzdgpxczvdvbcgmgmzar jr :8:8

    Qbgf/ Pcodz/ Emmf)bg vdzbp

    Jbcidpp

    Zmgmqdjom Azmmg mzvb`dvmp

    Mgmzar

    Mgmzar Me`bmg`r Mgmzar me`bmg`r zmfbvp

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    46/56

    Q

    NCP

    Q

    BGGBGA

    VNM

    @OMDG

    MGMZAR

    ZD@M3

    :844

    MFBVBCG

    66

    @C]GVZRXZCEBOMP

    Ebgdg`m dgf Bgumpvimgv .:844"

    Vcvdo Bgumpvimgv &>'5 jboobcg

    A):8 Bgumpvimgv Zdgk >

    Xmz`mgvdam c A):8 Vcvdo 6-

    =)Rmdz Azcqvn Zdvm ::-

    Bgpvdoomf @omdg Mgmzar .:844"

    Vcvdo Zmgmqdjom Mgmzar @dxd`bvr :6 AQ

    Xmz`mgvdam c A):8 Vcvdo 6'1-

    =)Rmdz Azcqvn Zdvm 45-

    Kmr Zmgmqdjom Mgmzar Pm`vczp

    Pidoo)Nrfzc 40': AQ

    Pcodz = AQ

    Jbcidpp % Qdpvm 0'0 AQ

    Qbgf :'= AQ

    Amcvnmzido 8'== AQ

    Kmr @omdg Mgmzar Vdzamvp .:8:8"

    LDXDG

    Kmr Bgumpvimgv Bg`mgvbump

    Dadbgpv vnm jd`kfzcx c vnm fbpdpvmz dv vnmE}k}pnbid g}`omdz xcqmz xodgv/ omdg mgmzar

    bgumpvimgv bg Ldxdg bg`zmdpmf jr :0 xmz`mgv vc &>'5

    jboobcg/ xmzndxp czmpndfcqbga }v}zm azcqvn dp vnm

    gdvbcg icump dqdr zci g}`omdz xcqmz' Gbgmvr)

    c}z xmz`mgv c `omdg mgmzar bgumpvimgv bg Ldxdg

    qmgv vc vnm pcodz pm`vcz/ icpvor cz pidoo fbpvzbj}vmf

    `dxd`bvr/ bg`o}fbga 4'4 AQ bg vnm zmpbfmgvbdo pm`vcz'

    Dg dffbvbcgdo 428 IQ c `ciimz`bdo pcodz qdp

    fmxocrmf dp qmoo/ docga qbvn 4=8 IQ c qbgf'

    Omabpodvbcg dfcxvmf bg vnm qdkm c vnm E}k}pnbid

    fbpdpvmz mpvdjobpnmf mmf)bg vdzbp cz qbgf/ pcodz/ dgf

    amcvnmzido mgmzar zmpc}z`m fmumocximgv'

    Qbgf = AQPcodz :> AQ

    Gdvbcgdo @omdg Mgmzar Xcob`bmp

    @dzjcg @dx

    @dzjcg Idzkmv

    Zmgmqdjom Mgmzar Pvdgfdzf

    @omdg Mgmzar Vd~ Bg`mgvbump

    D}vc Me`bmg`r Pvdgfdzfp

    Emmf)Bg Vdzbp

    Acumzgimgv Xzc`}zmimgv

    Azmmg Jcgfp

    d

    d

    d

    d

    d

    FBPVZBJ]VBCG CE BGUMPVIMGV JRPM@VCZ .:88=)44"

    QBGF

    12-

    CVNMZ ZMGMQDJOMP JBCE]MOP

    44-

    2-4-

    PCODZ

    Pcodz Zmpbfmgvbdo mmf)bg vdzb

    Mgmzar Me`bmg`r Mgmzar jdgk< E}gf cz mgmzarme`bmg`r dgf @C

    :

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    47/56

    6

    @C]GVZRXZC

    EBOMP

    Dvmz d zm`czf &: jboobcg omumo c bgumpvimgv bg :848/`omdg mgmzar gdg`bga bg Im~b`c `coodxpmf bg :844/

    doobga 21 xmz`mgv vc cgor &65 iboobcg' Pcim c vnm

    fm`obgm bp vnm zmp}ov c vnm `cg`o}pbcg c pcim odzam

    xzclm`v gdg`bgap bg :848' Pmumzdo idlcz xzclm`vp

    qmzm dggc}g`mf bg :844 j}v qmzm gcv cixomvmf

    dgf fc gcv dxxmdz bg :844 bgumpvimgvp' Djc}v 088

    IQ c qbgf amgmzdvbga dxd`bvr/ Im~b`cp omdfbga

    pc}z`m c `omdg mgmzar/ qdp dffmf bg :844' Im~b`cp

    }gmumg xmzczidg`m bg vnm `omdg mgmzar pm`vcz bp

    zmm`vmf bg bvp djpmg`m zci dgr vcx)48 zdgkbgap

    dicga vnm A):8 c}gvzbmp'

    Ebgdg`m dgf Bgumpvimgv .:844"

    Vcvdo Bgumpvimgv &65 iboobcg

    A):8 Bgumpvimgv Zdgk 4>

    Xmz`mgvdam c A):8 Vcvdo 8'8:-

    =)Rmdz Azcqvn Zdvm )1'=-

    Bgpvdoomf @omdg Mgmzar .:844"

    Vcvdo Zmgmqdjom Mgmzar @dxd`bvr :'5 AQ

    Xmz`mgvdam c A):8 Vcvdo 8'=-

    =)Rmdz Azcqvn Zdvm 41-

    Kmr Zmgmqdjom Mgmzar Pm`vczp

    Qbgf 4'0 AQ

    Amcvnmzido 8'2= AQ

    Kmr @omdg Mgmzar Vdzamvp .:84:"

    IM B@C

    Kmr Bgumpvimgv Bg`mgvbump

    Gdvbcgdo @omdg Mgmzar Xcob`bmp

    @dzjcg @dx

    @dzjcg Idzkmv

    Zmgmqdjom Mgmzar Pvdgfdzf

    @omdg Mgmzar Vd~ Bg`mgvbump

    D}vc Me`bmg`r Pvdgfdzfp

    Emmf)Bg Vdzbp

    Acumzgimgv Xzc`}zmimgv

    Azmmg Jcgfp

    d

    FBPVZBJ]VBCG CE BGUMPVIMGV JRPM@VCZ .:88=)44"

    QBGF

    >1-

    CVNMZ ZMGMQDJOMP

    JBCE]MOP

    44-

    :-

    MEEB@BMG@R % OCQ @DZJCG

    VM@N#PMZUB@MP

    4-

    Zmgmqdjom Mgmzar 0=- jr :8:6

    Mvndgco :=- c vcvdo adpcobgm`cgp}ixvbcg

    Jbc)fbmpmo =- c vcvdo fbmpmo`cgp}ixvbcg

    Qbgf Amgmzdvbcg)jdpmf p}jpbfbmp

    Amcvnmzido Amgmzdvbcg)jdpmf p}jpbfbmp

    Jbcidpp Amgmzdvbcg)jdpmf p}jpbfbmp

    Zmgmqdjom E}oo fmxzm`bdvbcg c zmgmqdjomMgmzar amgmzdvbcg dppmvp dvmz = rmdzp

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    48/56

    Q

    NCP

    Q

    BGGBGA

    VNM

    @OMDG

    MGMZAR

    ZD@M3

    :844

    MFBVBCG

    65

    @C]GVZRXZCEBOMP

    Ebgdg`m dgf Bgumpvimgv .:844"

    Vcvdo Bgumpvimgv &45 iboobcg

    A):8 Bgumpvimgv Zdgk 42

    Xmz`mgvdam c A):8 Vcvdo 8'84-

    =)Rmdz Azcqvn Zdvm )06-

    Bgpvdoomf @omdg Mgmzar .:844"

    Vcvdo Zmgmqdjom Mgmzar @dxd`bvr :2 IQ

    Xmz`mgvdam c A):8 Vcvdo 8'885-

    =)Rmdz Azcqvn Zdvm 8

    Kmr Zmgmqdjom Mgmzar Pm`vczp

    Qbgf > IQ

    Pidoo)Nrfzc 44 IQ

    Kmr @omdg Mgmzar Vdzamvp .:844"

    PC]VNDEZB@D

    Kmr Bgumpvimgv Bg`mgvbump

    @omdg mgmzar bgumpvimgv bg Pc}vn Dzb`d zmidbgpbgpbagb`dgv/ vcvdobga &:5 iboobcg bg :848/ pm`cgf)

    ocqmpv bg vnm A):8' Bgumpvimgv bg :844 qdp ocqmzjm`d}pm c d pvzcga c`}p jr vnm Fmxdzvimgv cMgmzar cg zmpvz}`v}zbga zmgmqdjom mgmzar xcob`r/

    vdzamvp/ dgf bg`mgvbump' Bg L}gm :844/ vnm Pc}vnDzb`dg acumzgimgv p`zdxxmf vnm zmgmqdjom mgmzar

    mmf)bg vdzb im`ndgbpi bg ducz c d zmgmqdjommgmzar vmgfmz xzcazdi' Bg Fm`mijmz :844/ :>

    zmgmqdjom mgmzar xzclm`vp qmzm azdgvmf xzmmzzmfjbffmz pvdv}p/ bg`o}fbga 506 IQ c qbgf mgmzar; 50:IQ c pcodz XU; dgf 4=8 IQ c pcodz vnmzido' Vnm

    bgumpvimgv udo}m c vnm zmgmqdjom vmgfmz xzcazdi

    bp xzclm`vmf vc jm &48 jboobcg vc &4: jboobcg jr :845'

    Gdvbcgdo @omdg Mgmzar Xcob`bmp

    @dzjcg @dx

    @dzjcg Idzkmv

    Zmgmqdjom Mgmzar Pvdgfdzf

    @omdg Mgmzar Vd~ Bg`mgvbump

    D}vc Me`bmg`r Pvdgfdzfp

    Emmf)Bg Vdzbp

    Acumzgimgv Xzc`}zmimgv

    Azmmg Jcgfp

    d

    FBPVZBJ]VBCG CE BGUMPVIMGV JRPM@VCZ .:88=)44"

    QBGF

    =1-

    CVNMZ ZMGMQDJOMP

    JBCE]MOP

    00-

    48-

    PCODZ

    4-

    Zmgmqdjom Mgmzar 41'> AQ jr :808.IQ"

    Mvndgco =- c vcvdo adpcobgm`cgp}ixvbcg

    Jbc)fbmpmo :- c vcvdo fbmpmo

    `cgp}ixvbcg

    Fmidgf Zmpxcgpm =88 IQ jr :840

    Daazmadvbcg XbocvXzcazdiim .FZDXX"

    Qbgf/ Pcodz/ Acumzgimgv Xzc`}zmimgv

    Pidoo)Nrfzc/ Jbcidpp

  • 8/2/2019 Who is Winning the Clean Energy Race, 2012

    49/56

    6

    @C]GVZRXZC

    EBOMP

    Ebgdg`m dgf Bgumpvimgv .:844"

    Vcvdo Bgumpvimgv &000 iboobcg

    A):8 Bgumpvimgv Zdgk 4=

    Xmz`mgvdam c A):8 Vcvdo 8'4-

    =)Rmdz Azcqvn Zdvm )2-

    Bgpvdoomf @omdg Mgmzar .:844"

    Vcvdo Zmgmqdjom Mgmzar @dxd bvr 4'1 AQ

    Xmz`mgvdam c A):8 Vcvdo 8'0-

    =)Rmdz Azcqvn Zdvm 60-

    Kmr Zmgmqdjom Mgmzar Pm`vczp

    Jbcidpp 8'46 AQ

    Pcodz 8'>: AQ

    Pidoo)Nrfzc 8'81 AQ

    Qbgf 8'60 AQ

    Kmr @omdg Mgmzar Vdzamvp .:844"

    PC]VN KCZMD

    Kmr Bgumpvimgv Bg`mgvbump

    @omdg mgmzar bgumpvimgv bg Pc}vn Kczmd fm`obgmf60 xmz`mgv vc &000 iboobcg bg :844' Dovnc}an

    vnm `c}gvzr ndp xod`mf d xzbczbvr cg `omdg mgmzar

    idg}d`v}zbga/ ocq omumop c bgumpvimgv bg `omdg

    mgmzar fmxocrimgv xmzpbpv' Pc}vn Kczmd zdgkp

    4=vn dicga A):8 gdvbcgp cz cumzdoo `omdg mgmzar

    bgumpvimgv' Gbgmvr xmz`mgv c bvp omdg mgmzar

    bgumpvimgvp dzm bg vnm pcodz pm`vcz' Iczm vndg 4=8

    IQ c pcodz amgmzdvbga `dxd`bvr qdp dffmf bg :844/

    icpvor }vbobvr)p`dom xzclm`vp' =8 IQ c qbgf dopc qdp

    dffmf'

    Qbgf :': AQ

    Pcodz 4'0 AQ

    Gdvbcgdo @omdg Mgmzar Xcob`bmp

    @dzjcg @dx

    @dzjcg Idzkmv

    Zmgmqdjom Mgmzar Pvdgfdzf

    @omdg Mgmzar Vd~ Bg`mgvbump

    D}vc Me`bmg`r Pvdgfdzfp

    Emmf)Bg Vdzbp

    Acumzgimgv Xzc`}zmimgv

    Azmmg Jcgfp

    d

    d

    d

    d

    d

    d

    d

    FBPVZBJ]VBCG