At the Second India Energy Week 2024 in Goa, energy enthusiasts and industry leaders gathered to highlight India’s progress towards sustainable and efficient energy practices. This major event, known as the world’s third largest in the oil and gas industry, saw over 4,000 delegates from 100 countries. Among the notable attendees was ES Ranganathan, a key figure in India’s oil and energy sector and former Managing Director of IGL. He shared insights on the crucial discussions and developments from the event.
"A central theme of India Energy Week 2024 was the need to transition to renewable energy sources," says ES Ranganathan. With climate change being a significant threat, participants stressed the urgency of adopting renewable technologies to reduce carbon emissions and fight environmental damage. Ranganathan highlighted India’s ambitious renewable energy goals and the progress made in solar, wind, and hydroelectric power.
Another major topic was the role of innovation and technology in the future of energy. The event frequently discussed the merging of digitalization and energy, with stakeholders exploring new solutions to improve efficiency, reliability, and sustainability in the energy sector. According to Ranganathan, "Embracing disruptive technologies like artificial intelligence, blockchain, and the Internet of Things (IoT) will be crucial to optimizing energy production, distribution, and consumption.