Petroleum Ministry received Energy Transition Advisory Committee Report
Recently the Energy Transition Advisory Committee (ETAC) has submitted a report on “The Green Shift: The Low Carbon Transition of India’s Oil and Gas Sector”.
- The Energy Transition Advisory Committee (ETAC) was constituted under the Ministry of Petroleum and Natural Gas (MoP&NG). The objective of this committee is to prepare the way for energy transition for public sector oil and gas undertakings in the country.
Why is Energy Transition needed?
- India is the third largest CO2 emitter globally. Also, these emissions are projected to increase 5-fold to about 13.6 gigatons per year. At the same time, the transition to clean energy will reduce emissions.
- The production and supply of energy (particularly oil and gas) is monopolized by a few countries and India is dependent on imports to meet most of its energy requirements.
- In the year 2019, India was ranked 7th among the countries most affected by climate change in the world.
Recommendations for Energy Transition –
- The share of grid-distributed electricity in energy consumption should be increased from the present 18 per cent to 40 per cent by the year 2035.
- Research on new feedstock should be encouraged to ensure a continuous supply of biofuels.
- Diesel-powered four-wheelers should be banned in all cities with a population of more than one million by the year 2027.
- There is a need to research the alternatives for blending in LPG.
- In the next 15 years, the share of railways in freight traffic at the national level should be increased from the present 23 percent to 50 percent.
- From the year 2024, only city delivery vehicles should be registered for electric vehicles.
Source – India Today