UPSC Articles
‘One Sun One World One Grid’ (OSOWOG) initiative proposed by India
Part of: GS-Prelims and GS-II – Global Groupings & GS-III – Energy
In News:
- OSOWOG initiative was recently proposed by India to set up a framework for facilitating global cooperation which aims at building a global ecosystem of interconnected renewable energy resources that can be easily shared.
Key takeaways
- Parent Body: The Union Ministry of New and Renewable Energy (MNRE)
- Objective: To build global consensus about sharing solar resources among more than 140 countries of West Asia and South-East Asia.
- This grid shall be interconnected with the African power pools also at the later stage.
- Proposals are invited from consulting firms for making a long-term OSOWOG road map, and identify two or three cross-border projects that can be initiated within one or two years.
Important value additions
India’s other renewable energy-related initiatives
- International Solar Alliance (ISA)
- It is a treaty-based inter-governmental Organisation.
- It aims to deploy over 1,000 GW of solar generation capacity globally.
- It aims to mobilise investment of over $1 trillion by 2030.
- Headquartered: Gurgaon.
- It was established following the Paris Declaration as an alliance dedicated to the promotion of solar energy among its member countries.
- Presently, electricity is supplied to Bhutan, Nepal, Myanmar and Bangladesh.
- There are now plans to connect Sri Lanka with power transmission lines as well.
- India, along with the other countries of the South Asian Association for Regional Cooperation had signed an agreement to enable cross-border electricity trade among the member states on a voluntary basis in 2014.
- Later in August 2018, India also signed a MoU for establishing grid interconnection between the members of the BIMSTEC.