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The US has partnered with the UK and India-led Inexperienced Grids Initiative of a worldwide vitality grid launched by Prime Minister Narendra Modi on the COP26 local weather summit in Glasgow.
At a gathering of the Steering Committee of the Inexperienced Grids Initiative – ‘One Solar One World One Grid’ (GGI-OSOWOG) earlier this week, US Secretary of Vitality Jennifer Granholm mentioned that the US is happy to be again within the local weather dialog and to associate with the brand new initiative.
“All of the vitality humanity makes use of in a yr is the same as the vitality that reaches the earth from the solar in a single hour,” mentioned Granholm.
“The GGI-OSOWOG is specializing in the 2 most vital items of the puzzle. We on the US Division of Vitality are blissful to be a associate with GGI-OSOWOG,” she mentioned.
The Worldwide Photo voltaic Alliance (ISA) underneath India’s presidency and the UK’s COP26 Presidency had launched GGI-OSOWOG in the course of the World Leaders’ Summit of COP26 on Tuesday.
The Steering Committee of GGI-OSOWOG includes 5 members moreover India and the UK – the US, Australia and France – and has been set as much as ship the imaginative and prescient of One Solar One World One Grid underneath which 80 international locations have resolved to mix their efforts to create extra interconnected grids, endorsing the ‘One Solar Declaration’.
Vitality Secretary Granholm informed the assembly this week that the US is specializing in next-generation applied sciences to make sure photo voltaic panels and grids are constantly environment friendly throughout markets and geographies.
“The US is enthusiastic about serving to international locations that would not have entry to electrical energy by leveraging the facility of the solar,” she mentioned.
Following the leader-level occasions of the United Nations Framework Conference on Local weather Change (UNFCCC) twenty sixth Convention of Events (COP26) in Glasgow on Monday and Tuesday, every nation’s delegates and officers have been collaborating in a sequence of conferences to finalise the way in which ahead to sort out local weather change by the tip of the summit on November 12.
The Indian staff consists of Minister of Setting, Forest and Local weather Change Bhupendra Yadav and chief negotiator Richa Sharma.
“We should return to the solar to avoid wasting the earth. Because the world progresses to realize new heights economically and socially, photo voltaic vitality will energy the transition,” mentioned Yadav.
“The GGI-OSOWOG initiative has sustainable growth and local weather change mitigation at its core with concentrate on underserved areas. It’ll stimulate inexperienced funding and create tens of millions of inexperienced jobs,” he mentioned.
The One Solar Declaration for GGI-OSOWOG will probably be targeted on constructing new transmission strains crossing frontiers and connecting completely different time zones, creating a worldwide ecosystem of interconnected renewables which might be shared for mutual profit and world sustainability.
This will probably be mixed with expanded and modernised nationwide and regional grids and complemented with the fast scale-up of mini-grids and off-grid photo voltaic options.
Dr Ajay Mathur, Director Normal of Worldwide Photo voltaic Alliance, mentioned: “The success of the large GGI-OSOWOG initiative relies on a rustic’s personal grid enlargement plans, which might require investments”.
“The grid interconnections at intra and inter regional ranges play a big function to decarbonise our vitality methods by utilizing photo voltaic and different renewable vitality sources positioned in numerous time zones and amplifying that influence at giant scale.
“We sit up for a extremely interconnected geo-economic future that assimilates giant scale worldwide networks and preparations for a greater and extra resilient interconnected world that may maintain extra choices domestically empowered however at a worldwide degree,” Mathur mentioned.
The World Financial institution has additionally expressed its help because it expects this initiative to assist leverage the advantages of complementarity between renewable turbines and non-centres throughout continents by getting them interconnected.
“The OSOWOG initiative has the potential to combine the worldwide electrical energy system into one that’s geared in the direction of the next share of variable renewable vitality whereas decreasing consumption of fossil gasoline.
“This can usher in a brand new period of harnessing a a lot greater share of renewable vitality capitalising the vitality transition that’s happening globally and serving to construct an ecosystem based mostly on mutual belief and shared profit,” mentioned Riccardo Puliti, Vice President for Infrastructure on the World Financial institution.
The ISA, launched at COP21 in Paris and just lately expanded to incorporate all UN member states, goals to assist mobilise USD 1 trillion of funding by 2030 to help creating international locations in increasing their solar energy grids.
The initiative is broadly seen as an enormous and daring transfer in ISA’s ongoing efforts to understand a worldwide photo voltaic transition.
The worldwide grid idea was first introduced by Prime Minister Modi in October 2018 in the course of the first meeting of the ISA.
In Could 2021, the UK pledged technical, monetary and analysis help for the OSOWOG venture.
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