Context:

India’s Prime Minister, addressed the G20 Energy Ministers Meet in Goa. 

• On the sideline of the Meeting, a standalone event on Consultations and Recommendations for the Global Biofuels Alliance was organized.

Key Outcomes of the Summit:

• High-Level Voluntary Principles on Hydrogen: The G20 Energy Ministers agreed on High-Level Voluntary Principles on Hydrogen, aiming to encourage the use of zero and low-carbon hydrogen in hard-to-abate sectors.

• Accelerating Energy Transitions: The Ministers emphasized the need to increase the pace of energy transitions. They acknowledged that 85% of all capacity additions in the past year were in renewables.
• Energy Access: The Ministers recognized the importance of providing access to energy for all, considering that 730 million people worldwide still lack access to energy.
• Green Hydrogen Innovation Centre: The International Solar Alliance launched a Green Hydrogen Innovation Centre

India’s Achievements in Energy Initiatives:

• LPG Connections and Village Electricity: India connected over 190 million families with LPG (liquefied petroleum gas).The country achieved the milestone of connecting every village with electricity.
• Piped Cooking Gas for 90% of Population: India is working towards providing piped cooking gas to cover more than 90 percent of the population.
• World’s Largest LED Distribution Program: India launched the world’s largest LED distribution program.This initiative saves over 45 billion units of energy annually.
• Agricultural Pump Solarization and Electric Vehicle Market: Initiatives like the largest agricultural pump solarization project were highlighted.India aims to achieve 10 million annual sales of domestic electric vehicles by 2030.
• Rollout of Ethanol Blended Petrol: India is rolling out 20 percent Ethanol Blended Petrol across the country.The aim is to cover the entire country by 2025.
• Global Hub for Green Hydrogen Production: India has ambitions to become a Global Hub for Green Hydrogen production and export.

News Source: PIB