Power Grid Hosts Conference on Transnational Electricity Interconections for OSOWOG
The efforts should be optimized by establishing an inter-connected global electricity grid. This is the overriding vision for One Sun, One World, One Grid. This will give impetus to the development of transnational grid connections, ensuring energy security for a sustainable future.
September 07, 2023. By EI News Network
Speaking at the conference virtually, Hon’ble Union Minister of Power and New & Renewable Energy R. K. Singh, stated, “OSOWOG will enable all nations to reap the benefit of energy from the sun. This is very relevant to today’s context particularly when we are transitioning to renewable energy. It will make round-the-clock renewable energy much cheaper. It will also reduce the necessity for reserves. It will thus bring down the cost of electricity for the general population and will help in energy transition.”
Furthermore, the inaugural session of the seminar was graced by Special Secretary & Financial Adviser, Ministry of Power, Ashish Upadhyaya; Chairperson, CEA, Ghanshyam Prasad; Additional Secretary, Ministry of Power, Ajay Tewari; and CMD, POWERGRID, K. Sreekant. The seminar witnessed the presence of dignitaries, industrialists, academia, sector experts, and media professionals.
At the global level, thematic concerns like energy transition, energy security, as well as renewable capacity addition are the thrust areas in sustainability. However, the prerequisite is grid interconnections to enable the transnational exchange of electricity. The efforts should be optimized by establishing an inter-connected global electricity grid. This is the overriding vision for One Sun, One World, One Grid. This will give impetus to the development of transnational grid connections, ensuring energy security for a sustainable future.
As part of the key theme of G20 “Vasudhaiva Kutumbakam” i.e. One-Earth, One-Family and One-Future, India helming the G20 presidency, has emphasised the importance of transnational grid Interconnections. This will boost energy security, foster economic growth, and facilitate universal energy access for all, in an affordable, reliable, and sustainable way.
Notably, modernized electricity networks will play an integral role in scaling up the deployment of zero and low-emission technologies including renewables. This will necessitate enhanced voluntary international cooperation in joint R&D, and harmonization of regulatory frameworks for design, planning, and system operations. These plans would also entail more public and private investments, to avail the full benefits of regional/cross-border interconnections.
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