‘One Sun One World One Grid’ initiative: a promising alternative
India and the United Kingdom have set in motion concrete action plans for driving clean energy transition in power sector with focus on clean transport, renewables, green finance and clean energy research as part of a Roadmap 2030, that will also cover a range of topics including smart grids, energy storage, green hydrogen, charging infrastructure, battery storage and mobilizing investments in renewable energy along with other proposals under multilateral collaboration.
“Both sides will set in motion concrete action plans for driving clean energy transition in the power sector,” a power ministry statement said after the virtually held 3rd India-UK Energy for Growth Partnership Ministerial Energy Dialogue.
Energy transition was a major area of discussion in the dialogue and the energy ministers spoke in detail on the ongoing energy transition activities in their respective countries with focus on renewables, including solar, offshore wind, storage, electric vehicles (EVs) and alternative fuels, the ministry said.
The dialogue, held 9 Oct 2021, was co-chaired by Union Minister for Power and New and Renewable Energy R K Singh and Kwasi Kwarteng, Secretary of State for Business, Energy and Industrial Strategy (BEIS).
The dignitaries welcomed Roadmap 2030 for India-UK future relations launched by both countries’ Prime Ministers during India-UK Virtual Summit in May 2021 and identified various future areas of collaboration in line with the roadmap.
The sides deliberated and agreed on a forward action plan on power and clean transport, renewables, green finance and clean energy research as part of Roadmap 2030, covering a range of topics including smart grids, energy storage, green hydrogen, charging infrastructure, battery storage and need of mobilizing investments in renewable energy along with other proposals under multilateral collaboration.
The dialogue underlined the importance of international cooperation in securing affordable and sustainable energy for the world while setting in motion, concrete action plans for driving the clean energy transition in power sector, it stated.
Singh specifically detailed ambitious targets in areas such as green hydrogen, storage, offshore wind and electricity market.
He further hoped that the One Sun One World One Grid initiative could act as a promising alternative to support the RE integration in the grid. #projects #tenders #investment #energy #OPEC /fiinews.com
