India-Australia Energy Dialogue: The 4th India – Australia Energy Dialogue was held on February 15, 2022.

The dialogue was co-chaired by Hon’ble Minister for Power and New & Renewable Energy, Mr. R.K. Singh from the Indian side, and Hon’ble Minister for Energy and Emissions Reduction, Mr. Angus Taylor from the Australian side.

Key Points:

• The major area of discussion in the dialogue by both the Energy Ministers was energy transition.
• The discussion also included various topics such as renewable energy, energy efficiency, storage, electronic vehicles, and critical minerals.
• India stressed Climate Finance to meet the energy transition's goals.
• A letter of Intent (LoI) between both the countries on New and Renewable Energy Technology was signed during the Dialogue.
• This LoI pave the way for working towards reducing the cost of new and renewable energy technologies.
• It will scale up deployment in order to accelerate global emissions reduction.
• The main focus of this LoI will be to scale up manufacture and deployment of ultra low-cost solar and clean hydrogen.
• The Co-chairs of the five Joint Working Groups under the India – Australia Energy Dialogue viz. Power; New & Renewable Energy; Coal & Mines; Critical Minerals; and Oil & Gas, presented the progress till date and the forward action plan under the respective JWGs.