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India Energy Week Emphasises Energy Addition and Balanced Investment Across Verticals

India Energy Week Emphasises Energy Addition and Balanced Investment Across Verticals

New Delhi, Jan 28: India Energy Week emphasized the concept of “energy addition” over “replacement” in the global energy transition, according to Union Minister Hardeep Singh Puri.

He highlighted the importance of continuous investment in diverse energy sources including oil, gas, biofuels, and clean cooking fuels, while Goa presented a roadmap for achieving 100% renewable energy by 2050.

UAE’s Sultan Ahmed Al Jaber pointed out that underinvestment poses a significant risk to the global energy system and stressed the necessity of balanced investment across all energy sectors.

The event facilitated discussions among policymakers and industry leaders on pragmatic policies and strengthened international partnerships to manage energy volatility, with Canada expressing interest in enhancing cooperation with India in LNG and energy trade.

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