News

G20 Energy Transition: 1 step ahead for India, 2 back on climate action - Business Standard

Business Standard · last updated

G20 Energy Transition: 1 step ahead for India, 2 back on climate action

The recently concluded Energy Transition ministerial meeting under India’s G20 Presidency failed to find a consensus on phasing down fossil fuels, clean energy technology and energy transition pathways.

For India, the language around hydrogen, fossil fuel and its abatement furthers its own energy transition plans.

Related Knowledge Center: ENERGY BASICS: renewables

State of Play

Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.

More informationabout ENERGY BASICS: renewables