MOU
Denmark and India sign MoU on green energy transition
New Delhi: The new Indo-Danish cooperation will prepare the Indian energy system for the integration of 450 GW renewable energy by 2030. It will focus on knowledge exchange in areas such as energy planning and scenario modelling, integration of high share of renewable energy, power system flexibility and electricity markets.
Ministry of Power ( India ) and the Danish Ministry of Climate, Energy & Utilities have signed a Memorandum of Understanding (MoU) to cooperate on green energy transition in India.
The MoU will be the foundation for the new 5-year Indo-Danish cooperation called the India-Denmark Energy Partnership. The partnership aims at supporting the ambitious Indian target of 175 GW by 2022 and long-term target of 450 GW renewable energy capacity announced by Prime Minister Narendra Modi at the UN Climate Summit in September 2019.
Key focus areas under the MoU are knowledge exchange on energy planning and scenario modelling, integration of high share of renewable energy, power system flexibility and electricity markets.
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