There cannot be ‘one-size-fits-all solution’: India at UN

UNITED NATIONS, Sept 25:
Emphasising that energy transition has to be just, inclusive and equitable, India has stressed that there cannot be a “one-size-fits-all solution” as it underlined the importance of the need to be fully sensitive to the energy-mix and national circumstances of different countries.
In a video statement to the UN High Level Dialogue on Energy 2021 held on Friday on the sidelines of the 76th General Assembly session, Minister for Power and New and Renewable Energy R K Singh said India has set an ambitious target of 450 gigawatt (GW) of renewable energy capacity by 2030 and is all set to launch a National Hydrogen Energy Mission to scale up in a major way the use of green hydrogen toward decarbonisation of the economy.
Green hydrogen is created using renewable energy instead of fossil fuels. It has the potential to provide clean power for manufacturing, transportation, and the only byproduct is water.
“Today, as we discuss energy transition, energy access and finance, I would like to reiterate the importance of being fully sensitive to the energy-mix and national circumstances of different countries. There cannot be a one-size-fits-all solution,” Singh said.
The National Hydrogen Energy Mission would scale up annual green hydrogen production to 1 metric ton (MT) by 2030. The mission would make India a global hub for green hydrogen production and export, the minister said, adding that the country is also continuing to work on improving energy efficiency across various sectors and several renewable energy based citizen centric measures like solarisation of agriculture and the rooftop solar programme.
India’s Energy Compacts submitted to the dialogue on energy reflect “our endeavours and commitment toward energy transition. Our partners in the public and private sectors have further committed to transformative goals through their own energy compacts”.
According to a statement released by the UN, India also committed to begin a Production Linked Incentive (PLI) Scheme to add 10 GW solar PV manufacturing capacity by 2025, create 15 million metric tonnes (MMT) production capacity of compressed biogas (CBG) by 2024, achieve 20% ethanol blending in petrol by Ethanol Supply Year 2025-26.
India has also promised to enhance energy efficiency in agriculture, buildings, industry and transport sectors and promote energy-efficient appliances/equipment to reduce India’s emissions intensity of GDP by 33-35% over 2005 levels by 2030. (PTI)