G2O members agree on different energy transition paths across countries

The first meeting of the G20 Energy Transition Working Group concluded on Monday, with a clear understanding emerging that most countries will continue to use fossil fuels over the coming 15 to 20 years to increase the share of renewable energy.

Addressing the media, Secretary, Ministry of Power, Alok Kumar said that the member countries responded positively to the need for energy security and diversified supply chains.

“However, the participants shared the view that the energy transition path should be different for each country depending on its energy base and potential,” a power ministry statement quoted the secretary as saying.

Power Secretary said, it is appreciated that grid inter-connection like India is being promoted under “One Sun, One World, One Grid” which will lead to better utilization of available energy sources among the member countries without excess storage capacity. may be of use. The deliberations emphasized the need for industries to pay more attention to energy efficiency, while also ensuring that carbon dioxide emissions do not increase rapidly.

With regard to the session on universal access to clean energy, Kumar said the deliberations emphasized the need to manage fuel prices and choice of technology to see that everyone on the planet has access to affordable energy. Are. He said that the member countries are in favor of people-centric energy transition mechanism.

The delegates commended India for mission-mode implementation of ‘Saubhagya, Ujala’ and ‘Ujjwal’ energy schemes, leading to full access to electricity, clean cooking and efficient lighting. The next ETWG meeting is scheduled in the first week of April in Gandhinagar, Gujarat.

Also, India has signed a Memorandum of Understanding (MoU) with Indonesia-Malaysia-Thailand Growth Triangle Joint Business Council (IMT-GT JBC), Malaysia to promote energy efficiency and adoption of sustainable practices in the region. Energy Efficiency Services Limited (EESL), a public sector undertaking under the Ministry of Power, signed an MoU with IMT-GT JBC Malaysia on the sidelines of India Energy Week celebrations.

As part of this strategic partnership, EESL will provide technical advice, project management support, contracting and implementation support to execute select energy efficiency programs from its portfolio with a proven track record of successful implementation.