The 4th India – Australia Energy Dialogue was held on 15th February 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.
Energy Transition was a major area of discussion in the dialogue and both the Energy Ministers spoke in detail about the ongoing Energy Transition activities in their respective countries with a focus on renewables, energy efficiency, storage, EVs, critical minerals, mining, etc. The need of Climate Finance was also highlighted by India for meeting the Energy Transition goals of developing countries.
Both the countries signed a Letter of Intent (LoI) for working towards reducing the cost of new and renewable energy technologies and scaling up their deployment to reduce global emissions.
