India needs to Invest $400 billion in Green Energy

In view of the current geopolitical situation and COP 27 targets to achieve Net-Zero carbon by 2070, experts emphasized on robust energy mix with alternative sources for energy security, affordability, and sustainability.

Speaking at India Energy Conclave (IEC) 2022, experts and top energy professionals said that the governments and countries including India have realized that in the current geopolitical situation energy security can be achieved through renewables.

According to them, a balance between conventional, renewables, natural gas, biogas, and hydrogen has to be maintained for energy security, affordability, and sustainability. Experts were of the view that India needs to invest over $400 billion in the Green Energy sector to deal with the energy trilemma -Security, Affordability, and Sustainability