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Global energy arena changing: Modi

Global energy arena changing: Modi

Greater Noida, Feb 11 (IANS) Prime Minister Narendra Modi on Monday said globally the perception of energy consumption and supply is changing and nations are coming together to tackle climate change.

"Winds of change are evident in the global energy arena. There is a shift in energy consumption from West to East," Modi said addressing the Petrotech Expo Mart being organised here.

"Energy supply, energy sources and energy consumption patterns are changing. Perhaps, this could be a historic transition," he added.

 

The Prime Minister also said that signs of convergence between cheaper renewable energy, technologies and digital applications was also becoming evident.

"This may expedite the achievement of Sustainable Development Goals (SDGs). Nations are coming together to tackle climate change," he stated.

Talking about energy justice in India which has been given top priority by the government, Modi stated that many policies have been developed and implemented.

"We need to move to responsible pricing, which balances the interests of both the producer and consumer. We also need to move towards transparent and flexible markets for both oil and gas," he noted.

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Global energy arena changing: Modi

About Gopi Adusumilli

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc. He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources. When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any. He can be reached at gopi@socialnews.xyz

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