Denmark 2019 Denmark 2019 | Page 11

The Indian government has set ambitious targets of 5 GW offshore wind capacity in 2022 and 30 GW in 2030. the world’s top 10 wind turbine manufactures are present in Denmark, and Denmark-based companies supplied more than 20% of the world’s wind turbines as of 2016. Within offshore wind, more than 80% of the turbines are either produced in Denmark or contain Danish components. Indo-Danish bilateral cooperation in Renewable Energy As one of the world’s most populous countries, India has recognised its responsibility in terms of mitigating global climate change. This was illustrated by the participation in the Paris agreement in 2015, where Indian representatives signalled ambitious targets of increasing the country’s energy capacity from non-fossil fuels from 20% to 40% by 2030. Likewise, the Indian government has begun one of the most ambitious renewable energy implementation plans in the world. By 2015, the target of renewable energy capacity by 2022 was set at 175 GW, which signalled a five- fold capacity of renewable energy. As a first step, the Danish and Indian governments are initiating a three-year strategic sector cooperation program, in which the Danish Energy Agency will collaborate with Indian ministries and stakeholders in support of the development of offshore wind deployment in India. The Indian government has set ambitious targets of 5 GW offshore wind capacity in 2022 and 30 GW in 2030. With 30 years of experience in offshore wind energy, Denmark is in an ideal position to exchange knowledge and work with India in increasing India’s energy capacity and making it sustainable. There is great interest from both governments to deepen the relationship in this sector and more bilateral projects are under development, which could focus on grid-integration of high share of renewable energy, energy planning, power markets etc. Denmark has a lot to offer India from its experience, but India’s success in recent years may also prove to offer something in return for Denmark. Energy is central to nearly every major challenge and opportunity the world faces today. Be it for jobs, security, climate change, food production or increasing incomes, access to energy for all is essential. Working towards this goal is especially important as it interlinks with other Sustainable Development Goals. Focusing on universal access to energy, increased energy efficiency and the increased use of renewable energy through new economic and job opportunities is crucial to creating more sustainable and inclusive communities and resilience to environmental issues like climate change. At the current time, there are approximately 3 billion people who lack access to clean-cooking solutions and are exposed to dangerous levels of air pollution. Additionally, slightly less than 1 billion people are functioning without electricity and 50% of them are found in Sub-Saharan Africa alone. Fortunately, progress has been made in the past decade regarding the use of renewable electricity from water, solar and wind power and the ratio of energy used per unit of GDP is also declining. However, the challenge is far from being solved and there needs to be more access to clean fuel and technology and more progress needs to be made regarding integrating renewable energy into end- use applications in buildings, transport and industry. Public and private investments in energy also need to be increased and there needs to be more focus on regulatory frameworks and innovative business models to transform the world’s energy systems. Source: United Nations Sustainable Goals 11