The UK and India joined forces this week to unlock economic growth from the clean energy transition, supporting new jobs, creating export opportunities and tackling the climate crisis.
During a visit to New Delhi for India Energy Week this week, Secretary of State for Energy and Net Zero Ed Miliband took part in the fourth UK-India Energy Dialogue with India’s Minister of Power Manohar Lal Khattar. He was also scheduled for other high-level meetings, including with India’s G20 Sherpa Amitabh Kant.
Ed Miliband said: “We are standing up for the British people by fighting for investment into our country, and setting the example for all countries play their part in protecting our planet for future generations. The UK and India are strengthening our partnership under our Plan for Change to unlock investment and accelerate the global transition to clean, secure, affordable energy.
“Both our countries are determined to address the climate emergency to protect our way of life, while reaping the rewards of the industrial and economic opportunity of our time. This week I will back UK business at India Energy Week, fighting for climate security, good clean energy jobs, export opportunities and growth for Britain.”
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During the dialogue, both countries are aiming for:
· A new shared ambition on offshore wind, including a UK-India Offshore Wind Taskforce to drive the progress needed across the offshore wind supply chains and financing models.
· Funding to reform in India’s power sector to support decarbonisation through UKPACT, which aims to deliver grid transformation as part of India’s renewables rollout.
· An extension of the bilateral Accelerating Smart Power and Renewable Energy in India (ASPIRE) programme, which will work to deliver round-the-clock power supply, accelerate industrial decarbonisation and roll out renewables.
This builds on the UK and India’s close collaboration to tackle climate change through innovation agreed as part of the Technology Security Initiative in 2024, from using AI to increase resilience, to bringing together experts to safeguard the critical minerals needed for renewable technologies like wind turbines and batteries.
Miliband also held discussions with a number of UK companies who are using their expertise to help speed up India’s transition from fossil fuels to clean power, including offshore wind, solar, battery storage and hydrogen.
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The UK’s Department for Energy Security and Net Zero said India is one of the fastest growing economies in the world and one which is projected to be the fourth largest global importer by 2035. Delivering on the UK government’s Plan for Change, the Energy Secretary will use his visit to increase UK clean energy investment opportunities and place British businesses at the forefront of the global race for renewables.
The visit come ahead of expected negotiations with India on a Free Trade Agreement and Bilateral Investment Treaty, led by the Business and Trade Secretary, at the end of the month.
*Info: India Energy Week
