{"id":28728,"date":"2023-07-24T20:37:04","date_gmt":"2023-07-24T15:07:04","guid":{"rendered":"https:\/\/pwonlyias.com\/stage\/?post_type=current-affairs&#038;p=28728"},"modified":"2023-07-24T20:37:04","modified_gmt":"2023-07-24T15:07:04","slug":"g20-energy-ministers-meet","status":"publish","type":"current-affairs","link":"https:\/\/pwonlyias.com\/stage\/current-affairs\/g20-energy-ministers-meet","title":{"rendered":"G20 Energy Ministers\u2019 Meet"},"content":{"rendered":"<p><b>Context:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">India&#8217;s Prime Minister, addressed the G20 Energy Ministers Meet in Goa.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">On the sideline of the Meeting, a standalone event on Consultations and Recommendations for the <\/span><b>Global Biofuels Alliance<\/b><span style=\"font-weight: 400;\"> was organized.<\/span><\/li>\n<\/ul>\n<p><b>Key Outcomes of the Summit:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>High-Level Voluntary Principles on Hydrogen:<\/b><span style=\"font-weight: 400;\"> The G20 Energy Ministers agreed on <\/span><b>High-Level Voluntary Principles on Hydrogen<\/b><span style=\"font-weight: 400;\">, aiming to encourage the use of <\/span><b>zero and low-carbon hydrogen<\/b><span style=\"font-weight: 400;\"> in hard-to-abate sectors.<\/span><\/li>\n<\/ul>\n<table>\n<tbody>\n<tr>\n<td><b>Zero and Low-Carbon Hydrogen<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Different types of hydrogen production techniques that aim to reduce or eliminate carbon dioxide (CO2) emissions are referred to as zero and low-carbon hydrogen, respectively.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li><b>Accelerating Energy Transitions:<\/b><span style=\"font-weight: 400;\"> The Ministers emphasized the need to i<\/span><b>ncrease the pace of energy transitions<\/b><span style=\"font-weight: 400;\">. They acknowledged that <\/span><b>85% of all capacity additions <\/b><span style=\"font-weight: 400;\">in the past year were in renewables.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Energy Access:<\/b><span style=\"font-weight: 400;\"> The Ministers recognized the importance of providing access to energy for all, considering that<\/span><b> 730 million people worldwide still lack access to energy.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Green Hydrogen Innovation Centre: <\/b><span style=\"font-weight: 400;\">The International Solar Alliance launched a Green Hydrogen Innovation Centre<\/span><\/li>\n<\/ul>\n<p><b>India\u2019s Achievements in Energy Initiatives:<\/b><\/p>\n<ul>\n<li aria-level=\"1\"><b>LPG Connections and Village Electricity: <\/b><span style=\"font-weight: 400;\">India connected over <\/span><b>190 million families with LPG (liquefied petroleum gas)<\/b><span style=\"font-weight: 400;\">.The country achieved the milestone of connecting every village with electricity.<\/span><\/li>\n<li aria-level=\"1\"><b>Piped Cooking Gas for 90% of Population: <\/b><span style=\"font-weight: 400;\">India is working towards providing piped cooking gas to cover more than 90 percent of the population.<\/span><\/li>\n<li aria-level=\"1\"><b>World&#8217;s Largest LED Distribution Program: <\/b><span style=\"font-weight: 400;\">India launched the world&#8217;s largest LED distribution program.This initiative saves over 45 billion units of energy annually.<\/span><\/li>\n<li aria-level=\"1\"><b>Agricultural Pump Solarization and Electric Vehicle Market: <\/b><span style=\"font-weight: 400;\">Initiatives like the largest agricultural pump solarization project were highlighted.India aims to achieve 10 million annual sales of domestic electric vehicles by 2030.<\/span><\/li>\n<li aria-level=\"1\"><b>Rollout of Ethanol Blended Petrol: <\/b><span style=\"font-weight: 400;\">India is rolling out <\/span><b>20 percent Ethanol Blended Petrol<\/b><span style=\"font-weight: 400;\"> across the country.The aim is to cover the entire country by 2025.<\/span><\/li>\n<li aria-level=\"1\"><b>Global Hub for Green Hydrogen Production: <\/b><span style=\"font-weight: 400;\">India has ambitions to become a Global Hub for Green Hydrogen production and export.<\/span><\/li>\n<\/ul>\n<table>\n<tbody>\n<tr>\n<td><b>Additional Information:<\/b><\/p>\n<p><b>Global Biofuels Alliance (GBA)<\/b><span style=\"font-weight: 400;\">:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">The <\/span><b>Energy Ministers recommended<\/b><span style=\"font-weight: 400;\"> the establishment of the Global Biofuels Alliance to the G20 Leaders.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">It is an international initiative aimed at promoting the <\/span><b>development and deployment of biofuels as a low-carbon pathway<\/b><span style=\"font-weight: 400;\"> to sustainable energy.<\/span><\/li>\n<li aria-level=\"1\"><b>Strong Support and Participation: <\/b><span style=\"font-weight: 400;\">Nineteen countries, including India, Argentina, Brazil, Canada, and the United States, expressed strong support and interest in being the initiating members of the alliance.<\/span><\/li>\n<li aria-level=\"1\"><b>Focus Areas and Challenges:<\/b>\n<ul>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">Emphasized the importance of <\/span><b>sharing best practices<\/b><span style=\"font-weight: 400;\"> across policy, technology, and implementation.<\/span><\/li>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">Recognized <\/span><b>challenges like feedstock management, standards development<\/b><span style=\"font-weight: 400;\">, and technological innovations that require a collaborative approach.<\/span><\/li>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">Importance of <\/span><b>standardization, waste recycling, and investments<\/b><span style=\"font-weight: 400;\"> to harness the untapped potential of biofuels highlighted.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\"><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b><i>News Source: <\/i><\/b><a href=\"https:\/\/pib.gov.in\/PressReleaseIframePage.aspx?PRID=1941796\" target=\"_blank\" rel=\"noopener\"><b><i>PIB<\/i><\/b><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Context: India&#8217;s Prime Minister, addressed the G20 Energy Ministers Meet in Goa.\u00a0 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&hellip; <a class=\"more-link\" href=\"https:\/\/pwonlyias.com\/stage\/current-affairs\/g20-energy-ministers-meet\">Continue reading <span class=\"screen-reader-text\">G20 Energy Ministers\u2019 Meet<\/span><\/a><\/p>\n","protected":false},"author":11,"featured_media":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"tags":[2873,2876,2874,2877,2875],"paper-wise":[2089],"subject":[2100],"acf":[],"_links":{"self":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs\/28728"}],"collection":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs"}],"about":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/types\/current-affairs"}],"author":[{"embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/comments?post=28728"}],"version-history":[{"count":0,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs\/28728\/revisions"}],"wp:attachment":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/media?parent=28728"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/tags?post=28728"},{"taxonomy":"paper-wise","embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/paper-wise?post=28728"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/subject?post=28728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}