Explain the purpose of the Green Grid Initiative launched at the World Leaders Summit of the COP26 UN Climate Change Conference in Glasgow in November 2021. When was this idea first floated in the International Solar Alliance (ISA)? (150 words) [2021]
The Green Grid Initiative, also known as the One Sun One World One Grid (OSOWOG) initiative, was launched at the World Leaders Summit of the COP26 UN Climate Change Conference in Glasgow in November 2021.
Its purpose is
- to accelerate the development and deployment of interconnected electricity grids across continents, countries, and communities,
- to improve energy access for the poorest through mini-grids and off-grid solutions.
- to speed up the process of decarbonizing energy production,
- to increase investment in R&D centers,
- to create an international network of interconnected solar power grids,
- to transport solar power to different countries through a 2600 GW interconnection by 2050.
The idea for the single global grid for solar was first floated at the International Solar Alliance in 2018 by the Indian Prime Minister in order to minimize cost, maximize efficiency, and attract investments to build a global green grid.