Critical Independence
India stands at a crossroads in its quest for energy security and self-reliance, particularly concerning critical minerals essential for energy transition.
India stands at a crossroads in its quest for energy security and self-reliance, particularly concerning critical minerals essential for energy transition.
India, with a target to achieve 500 GW of renewable capacity and net zero by 2070 would have to carefully navigate the energy transition to reap the dividends from the new international energy order.
At the conference, the Power Secretary highlighted the complexity of managing energy transitions, stressing inclusive approaches.
Ministry of New and Renewable Energy announced that the total installed renewable energy capacity in India, excluding large hydropower, has crossed the milestone of 100 GW or 100,000 MW, about 26 per cent of the total capacity, a turning point in the history of renewables as India is celebrating 75th Independence Day.
NOCs in oil importing countries where consumption will keep growing are less exposed to carbon transition risk than those in oil exporting countries.
