Clean Energy Current Affairs - 2020

India-European Union to work together on Integrated Local Energy Systems

During India’s Smart Utility Week, India and European Union called upon Integrated Local Energy System. The countries are to work upon clean energy and climate. The collaboration will help to improvise clean energy supply

Highlights

The collaboration and steps that were taken are completely based on Mission Innovation. The collaboration will aim at increasing the contribution of renewables. Along side of the collaboration, India and Sweden are to work on Smart Grids. These projects are to be funded by Department of Science and Technology (DST). The DST has so far established 3 major international smart grids in 24 countries.

Smart Grid Systems

Smart Grids are electricity networks that allow devices to communicate (between consumers and suppliers), protect distribution network, allow to manage demand, save energy and reduce costs.

Mission Innovation

Mission Innovation is a global initiative of 24 countries. It aims at accelerating clean affordable energy to create commercial opportunities. It was announced by Bill Gates at COP21 in 2015 along with PM Modi, President Obama and President Hollande (French).

14,100 tonnes of the rare metal, Lithium Reserves found in India

The researchers at the India’s Atomic Energy Commission have found Lithium Reserves of 14,100 tonnes in Mandya. Mandya is 100 km away from Bengaluru, Karnataka. Being a very rare metal Lithium is mainly used in manufacturing batteries for electric vehicles.

Highlights

The reserves found is very little as compared to the world’s leading producers of Lithium. Of the major producers Chile produces 8.6 million tonnes, Australia produces 2.8 million tonnes and 1.7 million tonnes in Argentina.

India’s Scenario

Currently, India imports 1.2 billion USD worth lithium batteries (2019). This has increased significantly. In 2017, India imported 384 million USD worth lithium batteries.

Issues

Though India has very little reserves of Lithium and are spread in different places, they can be of significant use. But these reserves are not yet mapped. These reserves can be of good help to promote the clean-energy wave in India. GoI is on the path of implementing 1.4 billion USD plan to make India a manufacturing hub of electric vehicles.