Prime Minister Narendra Modi speaks during the World Leaders' Summit "Accelerating Clean Technology Innovation and Deployment", at the COP26 Summit, in Glasgow, Scotland.
India's ambitious programme the Green Grids Initiative (GGI) as part of the One Sun One World One Grid (OSOWOG) combining a massive increase in solar and wind power with international grids on every continent, connecting energy-rich locations such as sunny deserts and windy coastlines, was launched on Tuesday at the COP26.
Announcing the launch, Prime Minister Narendra Modi said that India's space agency ISRO has come up with a solar calculator App that will be useful in deciding location of solar projects.
The initiative combines large-scale solar power stations, wind farms and grids with rooftop solar and community grids, including village mini-grids, to ensure a reliable, resilient and affordable supply of clean energy for all. Accelerate the energy transition in all parts of the world to stay within a safe global carbon budget.
The announcement was made in a session on 'Accelerating Clean Technology' by Modi and Summit host UK's Prime Minister Boris Johnson. US President Joe Biden spoke immediately after Modi.
A day prior, on Monday, Modi had - along with a net zero goal year - declared that India will enhance its targets to combat climate change by increasing its non-fossil fuel energy capacity to 500 GW by 2030 and meet 50 per cent of its energy requirement from renewable energy by 2030. Solar energy plays a pivotal role in this.
The Prime Minister invoked Suryopanishad, an ancient Indian text, chanted a shloka from it and said, "The energy required by the humans across the whole world in the whole year, the sun disseminates that much in just one hour. For a balanced path, we will need to look at the Sun."
The OSOWOG will bring down storage needs and also increase the solar projects that are hampered due to weather and day-time limitations, he said.
The One Sun One World One Grid (OSOWOG) initiative advocates the concept of a single global grid for solar and was first outlined at the First Assembly of the International Solar Alliance in late 2018. GGI-OSOWOG has already been endorsed by more than 80 Member States of the International Solar Alliance (ISA).
Terming it as "important" initiative as India scales up global cooperation on climate action, Director, CEEW Centre for Energy Finance (CEEW-CEF), Gagan Sidhu said, "Increased electrification from RE is one of the key building blocks for any emissions reduction strategy, and a grid that connects different time zones represents an ambitious alternative to expensive storage on both ends. Not only would it help meet climate commitments, it would also enhance energy security and meet development priorities."
The grand ambitious launch and the speeches made at the OSOWOG initiative sound like a panacea for all energy related ills. But the real question is will this actually help on the ground within India? Even after the government claiming to take electricity to all villages, there are thousands who live without power.
"The OSOWOG initiative is not a panacea for all electrification ills, but it is an important step for making the transition to renewable energy possible. An integrated global grid will allow easier trading of renewable energy from where it is best produced to where it is needed. One challenge that many grid connected people face is that the grid is unreliable. By having interconnecting grid across the world, we can ensure that there are less points of failure in the system and hence allow for greater reliability of power," said Gaurav Gupta, partner and Regional Director for Asia, Dalberg Advisors.
Dalberg was and is closely supporting the International Solar Alliance for the launch of the initiative with a Dalberg team integrated into the OSOWOG Joint-Secretariat (the operating body of OSOWOG) and supporting the ISA.
ALSO READ | 'India will achieve zero-net emissions by 2070': PM Modi's 5 goals at COP26 Climate Summit
ALSO READ | 'No one is untouched by the wrath of climate change': PM Modi at COP26 summit
