India and Japan have emphasised that coal will continue to be the predominant fuel for energy production for both the Asian countries. India’s energy consumption is likely to double.
India, which has doubled its coal thermal capacity since 2007, is looking towards greater emphasis on clean coal technologies while Japan will add another 7200 mw of coal capacity in the next five to seven years.
Power and Coal Minister Piyush Goyal said that India will keep in mind the environment concerns and look for technologies for clean coal.
“We will look for technologies for clean coal as this will be the mainstay in India’s fuel mix even as we strive to address climate concerns,” Goyal.
Reiterating the importance of coal, visiting Japanese Minister of Economy, Trade and Industry, Yoichi Miyazawa said, “Coal is geographically available and will remain an important energy source.”
Both the leaders were speaking at the Ministerial session of the sixth edition of the India-Japan Energy Forum in the national capital on Tuesday.
Yoichi Miyazawa further emphasized on how innovation in technology will help both countries fight climate change and bring about greater economic growth.
Complimenting the new government for its emphasis on infrastructure and energy, Miyazawa said, “India is now drawing attention from the rest of the world and will emerge as the third largest economy by 2035. The country’s energy consumption is likely to double. To reduce the reliance on energy imports the investments in energy infrastructure are timely.”
“Economic efficiency, energy security and environment are common policy issues that the countries are grappling with. The possibilities for cooperation between the two countries in clean coal are enormous.The Government of Japan is keen to expand energy cooperation with India,” he added.
Echoing the importance of strengthening cooperation between the two countries, Piyush Goyal said that India and Japan can collaborate on the clean technology side and can work together to help assuage the concerns on climate.
“Japan has realized it is important to have thermal coal and is looking at putting in place 7200 MW over the next five years. We are looking at doubling our generation from one trillion to two trillion and our reliance on coal will continue…We will be happy to take up the best technology to bring down the impact of coal on the environment,” Goyal said.
Emphasising on the continued importance of coal, Goyal said that together Japan and India will lead the way and show the world how to have clean energy coming from coal based plants.