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India and Denmark sign Letter of Intent to establish an Indo-Danish Centre of Excellence on Offshore Wind Energy

07.03.2019  09:36
Denmark and India has today signed a Letter of Intent to establish a Centre of Excellence in India on offshore wind. The agreement was signed by the Danish Ambassador Peter Taksøe-Jensen on behalf of the Danish Ministry of Energy, Utilities and Climate and by Joint Secretary A.N. Sharan from the Indian Ministry of New and Renewable Energy.

The intent is to build on the existing Strategic Sector Cooperation on offshore wind between the two governments and create a partnership where Danish and Indian government agencies will work together to develop the sector in India. The Danish Energy Agency (DEA) will provide knowledge-sharing and technical assistance based on 30 years’ experience of developing the  offshore wind sector.

Increased cooperation within renewable energy has emerged as an important part of the intensified dialogue between the two governments. Several areas for cooperation have been identified based on the ambitious Indian targets for renewable energy implementation and Denmark’s experience and results going through a transition to renewable energy over the last four decades. The cooperation was discussed in December 2018, when the two Foreign Ministers held a Joint Commission meeting in New Delhi and again in January 2019 when Prime Minister Narendra Modi and Prime Minister Lars Løkke-Rasmussen met at Vibrant Gujarat. On this occasion, the Indian Prime Minister highlighted that “Denmark has the skills, India has the scale”.

India will soon be the world’s most populous country and is expected to have one of the highest economic growth rates in the coming decades. Combined with the expectation that India will account for 30% of the increase in global electricity demand towards 2040 (IEA), it will be one of the largest global markets for renewable energy in both the short and long-term. In 2015 under the Paris Agreement, the Indian government presented its objective to reach a target of  175 GW renewable energy capacity in 2022. By 2030 India wants 40% of its capacity in electricity generation coming from non- fossil fuel sources.

The scale of the Indian development for renewable energy is one of the largest in the world aiming for 100 GW of solar, 60 GW of onshore wind, 10 GW of biomass and 5 GW of small scale hydro by 2022. But India is also targeting new renewable energy technologies such as offshore wind, hybrid solar-wind, floating solar and energy storage. Denmark was the first country in 1991 to begin the development of offshore wind as a renewable energy resource, and Danish experiences over the past 30 years are being used globally to support further development of one of the fastest growing renewable energy sources. The Indian government has set a target for offshore wind at 30 GW by 2030 which is twice the capacity installed at the end of 2017 in eleven European countries.

The world-leading experiences from Denmark’s low-carbon transition are in high demand from an increasing number of countries. With the new cooperation between India and Denmark, the Danish Energy Agency now works with 15 countries - including China, Mexico, Indonesia and USA. These partnerships revolve around the areas of long-term energy planning, grid-integration of high shares of renewable energy, electricity system flexibility and energy efficiency. The 15 countries, which Denmark is cooperating with, account for 62% of the world’s total CO2 emissions, and all have targets to reduce the use of fossil fuels.

Information about the Danish Energy Agency’s global cooperation can be found here:
https://ens.dk/en/our-responsibilities/global-cooperation

Information about the Strategic Sector Cooperation:
http://um.dk/en/danida-en/Sustainable%20Growth/strategic-sector-cooperation-new/

 



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