Smart Energy India Expo 2024

India is on the path of becoming third-largest energy consumer with continued economic and population growth and increasing urbanization, seeking to balance energy demand and growth with a clean energy transition. India is also at the forefront of energy transition with an ambitious target of 500 GW of renewable energy (RE) and several millions of electric vehicles (EV) rollout by 2030. India is the only country which has met 2030 target committed under the Paris Climate Agreement for 40% RE capacity in 2022. To continue on a clean energy pathway, a number of smart technologies and fuel alternatives can help drive India’s energy transition. In addition to continuing to integrate renewable energy coupled with energy storage, smart grid technologies and demand side management will be critical to create a more reliable and resilient energy system. Highly disruptive black swan events like Covid-19 had presented never before opportunities for innovation and transformation with profound implications in the long term. India has now embarked on the digitalization drive and embracing emerging technologies such as Artificial Intelligence (AI), Machine Learning (ML), Robotics, Blockchain which is opening up new business opportunities for organizations providing tools and services to host and manage the humungous amounts of data. India’s growing demand for energy and commitment to greener fuels, making it the most diversified and investment-friendly nation.

Asia