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Business Economy


India chapter of Energy Transitions Commission launched

India  chapter of Energy Transitions Commission launched

New Delhi, Feb 15 (UNI) The India Chapter of the Energy Transitions Commission India (ETC India) was launched here on Thursday by The Energy and Resources Institute (TERI).

ETC India is a unique, high-level, multi-stakeholder platform on energy and electricity sector transitions in India. It will focus on policy, research and outreach on decarbonising the power sector.

ETC India is the first country-specific Commission. India was chosen to have its own ETC as the country is taking great strides in transitioning towards renewable sources of energy. The Indian ETC can thus act as a model for other emerging economies as they seek to move to renewable energy sources.

The deliberations at the platform will shape the research and engagement agenda, intended to support policy and strategy decisions in the years to come. There will be strong engagement and continuous interactions with policy makers at various levels of government, industry and associations, and media to test the analysis and hypothesis formulated through ETC activities in India, a TERI statement said.

Speaking on the occasion, TERI Director General, Dr Ajay Mathur said," As India's energy mix and demand patterns change, due to significant addition of Renewable Energy in the grid and new Energy Efficiency measures, it is important that the policy and regulatory environment in the power sector rapidly adapts itself to the changing landscape.

TERI, in collaboration with Climate Policy Initiative, National Renewable Energy Laboratory and International ETC will provide a 'systems approach' to the challenges faced by India and help in addressing the global challenge with the same approach.

ETC India will support and facilitate Government of India's objective of decarbonisation of energy systems through assessment of power demand and supply scenarios along with balancing, reserves and flexibility requirements in the Indian power sector and continuous engagement with relevant stakeholders.

UNI JPG SNU 1616

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