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IEW to showcase India’s leadership in navigating dynamic energy landscape

December 16, 2023 5:50 pm

IEW to showcase India’s leadership in navigating dynamic energy landscape
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India Energy Week, 2nd edition to be hosted in Goa from 6th-9th Feb, 2024 is expected to draw over 35,000+ attendees, 350+ exhibitors, 400+ speakers, and 4,000+ delegates from over 100 countries.

The second edition of India Energy Week (IEW) is scheduled to be hosted in Goa from February 6th to 9th, 2024, by the Federation of Indian Petroleum Industry (FIPI) under the aegis of the Ministry of Petroleum and Natural Gas, Government of India. India Energy Week serves as a catalyst for meaningful discussions, knowledge exchange, and collaboration among industry experts, policymakers, academia, and entrepreneurs. The event aims to foster partnerships, drive innovation, and explore solutions that will propel India’s energy sector into a sustainable and vibrant future.

IEW 2024 builds on the success of the first edition, held in February 2023 in Bengaluru. The inaugural event was inaugurated by Hon’ble Prime Minister, Narendra Modi, who highlighted the unprecedented possibilities emerging in India’s energy sector. Ministers, CEOs, and energy leaders acknowledged the resilience in India’s energy sector and its potential as an upcoming demand center. They also appreciated India’s efforts in charting a roadmap for energy transition while catering to the needs of the domestic populace.

Against the backdrop of year-long discussions of the G20 Presidency and following the pledges of COP28, the India Energy Week 2024 is envisioned to draw over 35,000+ attendees, 350+ exhibitors, 400+ speakers, and 4,000+ delegates from over 100 countries. The event will host an extensive array of exhibitors, spanning core oil field services giants that will converge to enrich the event’s dynamic atmosphere.

The spotlight at IEW 2024 will demonstrate India’s intricate energy landscape, characterised by a diverse energy mix, rapid growth in renewable energy, and challenges related to energy access, urbanisation, and economic development, all within the context of addressing climate change. The country’s approach to managing these challenges and transitioning to a sustainable energy future, along with the opportunities for international collaboration and partnership, will be showcased.

During IEW 2024, Ministerial, Leadership, and technical sessions, and Roundtables will explore varied themes like the energy transition of the global south, building a future-ready energy stack, chartering the roadmap of alternate fuels for energy optionality, and the impact of localisation, regionalisation, and globalisation on energy-related industrialisation and manufacturing processes.

The event will bring sharp focus to India’s tackling of climate change through its aggressive net-zero emission target by 2070 and reducing total carbon emissions by 1 billion tonnes till 2030, while aiming for 50 percent of power generation to be from renewable energy in 2030. IEW 2024 will also delve into the energy quadrilemma of balancing security, accessibility, affordability, and sustainability, particularly for developing economies, fostering cooperation and collaboration between energy companies, and building the future workforce for a new energy world. It will contribute towards placing India on the global energy map, highlighting India’s potential as the 3rd largest energy consumer in the world with projections to account for ~25 percent of the global energy incremental demand growth in the next 15-20 years.

IEW is poised to be a world-class platform, convening policymakers, business leaders, and energy pioneers to collaborate, discover new opportunities, and strengthen partnerships. The confluence of unique factors makes IEW 2024 an unmissable gathering for the global energy sector. India has positioned itself as an attractive investment destination across the energy sector, supported by its credentials as the fastest-growing large economy, supportive government policies, rapid urbanisation, and fast-paced energy demand.

Hardeep Singh Puri, Minister of Petroleum and Natural Gas, Housing and Urban Affairs, at IEW 2023, said, “To power our rapid growth, India is exploring new pathways to meet spiking energy demand domestically and internationally, while ensuring our transition to net-zero. Our multipronged strategy to diversify our energy mix safely and sustainably will see India transition to a gas-based economy, bolstered by alternative energy sources including renewables, biofuels, and green hydrogen.”

India Energy Week 2024 would facilitate the following:

*Ministers, CEOs, policymakers, energy experts, industry analysts, innovators, and energy professionals from across the full energy value chain for open dialogue on accessible, affordable, and secure energy for all.

*A platform for the launch of important government initiatives in the energy sector.

*Exhibitions showcasing opportunities for international collaboration and investments, as well as initiatives designed to enable India’s pathway to a secure and sustainable energy system.

*Specialised pavilions illustrating key initiatives to support India’s energy transition, including those by startups.

*An opportunity to interact and network with the leading global and domestic energy companies.

*A strategic conference featuring critical dialogue at high-level panels, leadership roundtables, and keynote speeches.

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