Australia Seeks To Work With India To Accelerate Transition To a Clean Energy Global Economy: Consul General
Sarah Kirlew, Australian Consul General, Chennai, was addressing the ‘IITM Energy Summit’ to enable Global Transformation to a Low Carbon Future through Industry-Academic Collaboration
Indian Institute of Technology Madras is organizing an ‘IITM Energy Summit’ from 14th to 16th December 2021 to enable the Global Transformation to a Low Carbon Future through Industry-Academic Collaboration.
During this summit, IIT Madras also launched a Global Energy Consortium to boost the progress towards the transformation to a Low Carbon Future.
With over 50 faculty having significant expertise and contributions on the world stage via technologies and highly cited research publications, the Consortium will work in close collaboration with Industry on areas such as carbon capture and storage, gas hydrates, renewable energy systems and beyond lithium energy storage technologies.
“There are two solutions to this problem – Scientific and Technological. The technological solutions are the availability of energy, whether it is nuclear, solar, wind or hydrogen, we need to have energy available in an environmental form, which is not damaging, easy to get and a combination of centralized and decentralized mechanisms, and one of the pioneers of that has been IIT Madras lead by Prof. Ashok Jhunjhunwala. The second aspect is that because of improvements in quality of power transistors, we today can have motors which can drive on low DC current, in a manner which was unthinkable many, many years ago. This, again, has been pointed out by people from IIT Madras. These Two aspects are the points we need to keep in mind when we talk about Aatmanirbhar Bharat and Energy,” added Prof. K. VijayRaghavan.
India’s energy challenges are problems without borders, requiring technology and engineering solutions. Technology solutions at scale in India are potentially global solutions. Industry-academia partnerships give power and momentum to such technology development. IIT Madras offered industry partners greater research productivity and cost advantage in comparison to peer institutions in India and globally.
Highlighting the ‘Indo-Australia partnership for a carbon-neutral world,’ Sarah Kirlew, Australian Consul General, Chennai, said, “This summit comes at a time when finding sustainable ways to use our energy reserves for global development and halting and addressing the impact of climate change are on top of the mind for many. I want to emphasise three key messages: Australia does have a strong domestic record of achievement in reducing emissions and a clear path to developing technology to do more; Second, we want to work with India to accelerate the transition to a clean energy global economy; And third, that partnership can go beyond just Australia and India to support vulnerable communities to meet the challenge of climate impact including climate financing.”
Prof. Ashok Jhunjhunwala said, “IIT Madras Research Park, which spans 1.2 million Sq.Ft. of commercial/industrial complex, consumers 40 MWh power per day at Rs. 9.15 per kWh. We decided that we will take the lead by first showing that we can pretty much manage with near 100 per cent Wind energy, or close to 90 per cent. The IITMRP utilizes open access solar/wind generation combined with wheeling in through existing Transmission and Distribution lines. There is also local storage using chilled water and battery, which can bring the cost further to less than Rs. 8 kWh.”
IIT Madras has seven dedicated Research Initiatives working on the energy sector. These initiatives will form the core of the Global Energy Consortium. They will pursue cutting-edge interdisciplinary research and forge global networks to address India’s energy challenges.
Speaking on ‘IITM as an Institute of Eminence,’ Prof. Raghunathan Rengaswamy, Dean (Global Engagement), IIT Madras, said, “IIT Madras is the institute which has the largest amount of consultancy money coming into an Institute. Around Rs. 250 crore of Consultancy is done every year, which is about the largest number in all of India. That really tells you how some of the work that we do is really industrially important.”
In his address in the Inaugural session, Nikhil Tambe, CEO – IITM Energy Consortium called for the development of partnerships to handle this global transformation in Energy Sector. Ashok Krishna, CTO – Energy Internet Corporation, Former VP – Chevron, spoke on ‘Outlook and the future of Oil and Gas.’ Vikram Rao, RTI International moderated a panel discussion on ‘Addressing grand challenges in Energy – A consortium approach.’