Page 2 - Energy Transition Committee

Energy transition in EU for 2030 climate target is irreversible: Report

The findings show that European laws will set in stone major transformations of the European economy by 2030: Wind and solar power will be the main sources of electricity, accounting for 55%

Coal to stay important: Energy majors at 'Just Transition' meeting

At CIL, challenges would be "the most extreme", said its Chairman and Managing Director Pramod Agrawal

Low-cost financing in energy transition to be discussed in next ETWG meet

The government has identified six priority areas like addressing technology gaps and low-cost financing in energy transition for discussion in the upcoming meeting of Energy Transitions Working Group Meeting (ETWG) next week. The 3rd ETWG under India's G20 Presidency will be held from May 15 to 17 in Mumbai, the Ministry of Power said in a statement. The meeting will be chaired by Power Secretary Alok Kumar. MNRE Secretary Bhupinder Singh Bhalla, Mines Secretary Vivek Bharadwaj and Coal Secretary Amrit Lal Meena will also be part of the meeting. "The six priority areas outlined under India's G20 Presidency include (i) Energy transition through addressing technology gaps (ii) Low-cost financing for energy transition (iii) Energy security and diversified supply chains (iv) Energy efficiency, industrial low carbon transitions and responsible consumption (v) Fuels for future and (vi) Universal access to clean energy and just, affordable, and inclusive energy transition pathway," the ...

India taking various measures to encourage energy transition: BEE DG

As part of its net zero commitments, India is taking various measures to encourage energy transition for industries in the domestic market as well as at the global level, a senior government official has said. Abhay Bakre, Director General (DG) of Bureau of Energy Efficiency (BEE), further said that various forward-looking measures are slated to be discussed at the upcoming meets of the Energy Transitions Working Group (ETWG). BEE, under the ministry of power, promotes the use of energy-efficient processes, equipment, devices and systems. It takes various steps to encourage preferential treatment for the use of energy-efficient equipment or appliances. The meetings to be held under India's G20 presidency will focus on "accelerating energy transition in hard-to-abate sectors, need for expanding markets for low carbon industrial products through standards for green materials, and development of a common mission on energy efficiency that elevates, supports and invests with a particular

Energy transition has to ensure surviving present: Oil minister Puri

India, the world's third largest oil consumer, on Tuesday said it is committed to energy transition but surviving the present and cushioning the vulnerable from price volatilities is essential before moving to clean and green energy. India has committed to net zero carbon emission by 2070 and has repeatedly emphasised that 'dirty' fuels like oil and coal, on which the economy is two-thirds dependent, will have to continue to be in use in the foreseeable future. An immediate shift from low-priced coal and oil to expensive fuels of the future such as hydrogen will entail huge costs in a nation with low per capita income. "Unless we survive the present, we will not be able to go into the world of clean and green energy," Oil Minister Hardeep Singh Puri said at India Energy Week here. "While affordable traditional energy resources are essential for meeting the base load requirements, new sources of energy which are cleaner, sustainable, and innovative, are critical for combating the ..

India needs $10 trillion till 2070 for energy transition at G20 meeting

Policy on carbon capture likely in next 3 months

Foundations for an Indian JETP

The second pillar of climate financing, JETP is oriented towards investability in the electricity sector

For states, climate change and energy transition are Centre's concern

The focus of a majority remains on distributing free and subsidised coal-based power

Red marks in green power plans amid lack of reform in electricity pricing

The lack of market reform in electricity pricing has limited states' ability to expand capital expenditure on the critical transition to clean energy

Net carbon zero economy possible by 2050 at low cost, says ETC report

The report said the impact of achieving a zero-carbon-emission economy on human welfare in 2050 will be hugely positive

India's transition to renewable would need strong policy support: ETC

ETC is a diverse international group that has members across the energy landscape