Recently, a government minister stated that the UAE plans to expand its energy relations with India by helping South Asian economies increase their renewable energy production capacity to 450 GW by 2030. The Minister of Industry and Advanced Technology, Dr. Sultan Al Jaber, said at the Cera Week Forum in India organized by IHSMarkit: “Our partnership in energy has a good foundation. There are many opportunities for new energy sources such as hydrogen.

"As India expands its renewable energy portfolio, the UAE is eager to build on the investments we have already made and help achieve the 450 GW target by 2030." As the world's third-largest crude oil importer, India is seeking to invest in renewable energy. Energy to get rid of the dependence on more polluting fuels such as hydrocarbons and coal. South Asian economies still rely on coal to meet most of their energy needs. India’s energy security is very fragile, and the country is currently facing a power crisis of coal shortage. This issue once again highlights the need for a rapid transition to cleaner, more sustainable fuels in the world’s second most populous country.

India has not disclosed any plans to achieve net zero emissions, but said it will have 175 gigawatts of renewable energy capacity by 2022. In recent years, the relationship between India and the UAE in the energy sector has deepened. This South Asian country is now the UAE’s largest LNG customer. Indian companies have also been holding exploration rights in Abu Dhabi. In 2018, an Indian consortium of three companies obtained a 10% participation interest in the Abu Dhabi offshore Zakum concession. Another consortium composed of two Indian oil companies also won the exploration rights for an onshore block in the emirate in 2019. Abu Dhabi National Petroleum Corporation is also led by Dr. AlJaber, who has previously expressed interest in India's emerging hydrogen energy industry. Dr. AlJaber said at the time that Adnoc can help India “to navigate the global energy transition. We believe that hydrogen has the prospects and potential as a true zero-carbon fuel.” Key words: engineering construction, engineering news

According to the Paris Climate Change Agreement, India, the world's third-largest carbon emitter, pledged to reduce its emission intensity from 2005 levels to 33% to 35% by 2030. In addition, at the forum, Indian Oil and Gas Minister Hardeep Singh Puri stated that the country needs to increase investment in oil and gas and renewable energy to meet its growing energy demand. "It is necessary to continue to invest in oil and gas. But beyond that, the transition to green energy also brings costs," he said. He added that rising prices of crude oil, natural gas and petroleum products will more severely damage the economic recovery of countries such as India from the austerity triggered by Covid. Global oil prices are at a three-year high, and natural gas prices are rising by nearly 90% every year. Indian consumers have been hit particularly hard. "Our gasoline prices have risen by about 15%. If prices cannot remain predictable, stable, and affordable, the economic recovery may be fragile, and all our efforts to restore economic activity may be undermined, which will affect To everyone," Mr. Singh said.Editor/XingWentao,Design/ZhangTao