UK Prime Minister Boris Johnson and Indian Prime Minister Narendra Modi jointly launched a new major international initiative at the COP26 World Leaders Summit, supported by over 80 countries, and has dramatically accelerated the energy transition globally. helped to accelerate. to be replaced with.
Under the joint leadership of the UK and India, the new initiative, the “Green Grid Initiative – One Sun One World One Grid” (GGI-OSOWOG), will accelerate and improve the development and deployment of interconnected electricity grids across continents, countries and regions. . communities, but will also ensure that energy reaches the poorest through mini-grid and off-grid solutions.
This is one of the pioneering initiatives under a partnership called Glasgow Breakthrough, also launched at the Clean Innovation and Technology event. It will coordinate and strengthen to enhance and accelerate its climate actions. It also aims to reduce costs by deploying clean technologies more globally.
Launching this initiative, the two Prime Ministers unveiled the ‘One Sun Declaration’, which seeks to achieve clean energy globally through greater interconnection of electricity grids across continents, countries and communities, including mini-grid and off-grid. Underlines full potential. A shared vision of using off-grid solutions to ensure that no one is left without access to energy.
To meet the goals of the Paris Agreement and limit global warming to within 1.5C, the world will need to transition to clean energy while increasing global reliance on renewables such as solar and wind power. Transitioning to this clean energy transitional future will require developing an electricity infrastructure capable of competing with a greater stock of convertible renewable energy, while meeting growing electricity demands safely, reliably and economically. can do. able to complete
GGI-OSOWOG will help to do this by bringing together a global coalition of energy grid stakeholders, including governments and businesses, to accelerate the expansion of energy grids across regions and continents and lay the foundation for universal access to sustainable energy. This will ensure that the infrastructure exists for the entire world to be powered by renewable energy, as part of the global push to realize the clean energy transition.
Keeping 1.5C alive means that global emissions will have to be halved by 2030. Achieving this will require a dramatic acceleration of innovation and deployment of clean energy solutions on a global scale. A recent analysis by the International Energy Agency calls for a tripling of investment in grid expansion and modernization from $260bn to $800bn annually by 2030.
The initiative will help mobilize financial and technical resources to advance grid development, and will also promote the sharing of existing expertise and best practice around the world. This international collaboration will be the key to making the clean energy transition faster, cheaper and easier for all.
Prime Minister of India Narendra Modi said at the launch: “The One Sun One World One Grid and Green Grid Initiative is an idea whose time has come. If the world is to move towards a cleaner and greener future, these interconnected international grids are going to be the key solution. I congratulate the International Solar Alliance and the UK COP Presidency for bringing this implementation closer to reality.
At the same time, British Prime Minister Boris Johnson said in context:
“The UK is working with our friends in India to transform the future of the electricity sector and provide clean and reliable electricity everywhere by the end of this decade.
“It is amazing that more than 80 countries have supported our newly launched Green Grid initiative, which will not only drive greater growth, jobs and investment in our global green future, but will also ensure that no one now There is no access to energy.”
GGI-OSOWOG is a transformative new program that aims to make universal access to renewable energy a reality, by ensuring that clean electricity is the most economical and reliable option for all countries to efficiently meet their energy needs by 2030. It will help all of us meet the goals of the Paris Agreement and the goal of limiting global temperature rise to 1.5°C, while also encouraging green investment and supporting millions of jobs around the world.