STRENGTHENING ENERGY SECURITY: INDIA’S GLOBAL PARTNERSHIPS IN RENEWABLE ENERGY

Authors

  • Pramod Kumar Chaudhary Resarch Scholar, Shri Venkateshwara University

DOI:

https://doi.org/10.29121/shodhkosh.v3.i2.2022.3385

Keywords:

Energy Security, International Collaboration, Public-Private Partnerships, Technological Integration

Abstract [English]

In the face of rising energy demands, environment related issues and growth of its economy, the renewable energy is at the core of India’s energy security. In India fossil fuels have become too unsustainable, India has gone to embrace renewable energy as an option that is not only viable but necessary. However ambitious domestic policies are in place, such as the National Solar Mission, with a target of 500 GW of renewable capacity by 2030. Yet India’s journey to renewable energy is one that it cannot embark on alone, global partnerships are essential in catalyzing this revolution. For example, India has taken advantage of its place as a world class leader in renewable energy with the creation of the International Solar Alliance (ISA) to advance the adoption of solar energy through collaboration with over 100 member countries. Technology transfer, investments and collaborative research on hydrogen and offshore wind have been catalyzed through bilateral engagements with the US, Germany and Japan. In addition to this, India’s renewable energy diplomacy has also been bolstered through regional and South- South collaborations, with partnerships to African and SAARC countries. India’s role in global energy governance has been amplified through its participation on multilateral forums such as the G20 and International Renewable Energy Agency (IRENA). On the other hand, domestic expansion of renewable energy is abetted by public-private partnerships, along with modern technological integration. Credentials are challenged through financing and grid integration, yet India is actively pursuing renewable energy diplomacy, a key symbol of its devotion to global sustainability and securing a healthy energy future for all. Domestic priorities of India are being aligned with international collaboration creating a future where inclusive, resilient and sustainable energy systems address national and global needs.

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Published

2022-12-31

How to Cite

Chaudhary, P. K. (2022). STRENGTHENING ENERGY SECURITY: INDIA’S GLOBAL PARTNERSHIPS IN RENEWABLE ENERGY. ShodhKosh: Journal of Visual and Performing Arts, 3(2), 912–916. https://doi.org/10.29121/shodhkosh.v3.i2.2022.3385