Cabinet approves India joining the International Energy Agency

Cabinet approves India joining the International Energy Agency – Ocean Energy Systems

The Union Cabinet, has given its approval for India becoming a member country of the International Energy Agency – Ocean Energy Systems (IEA-OES).

Nodal agency: Earth System Science Organisation – National Institute of Ocean Technology (ESSO-NIOT) under the Ministry of Earth Sciences

Merits :

India will have access to advanced R&D teams and technologies across the world.
India will partner in developing test protocols along with other countries.
Help in testing Indian prototypes as per international requirements and norms.
Joint cooperative programs with institutes of member countries could be taken up.
India’s own research projects with specific targets can be taken up in conjunction with other countries.

International energy agency:

The International Energy Agency is a Paris-based autonomous intergovernmental organization established in the framework of the Organisation for Economic Co-operation and Development(OECD) in 1974 in the wake of the 1973 oil crisis.
The Agency’s mandate has broadened to focus on the “3Es” of effectual energy policy:

Energy security, economic development, and environmental protection.

The IEA has a broad role in promoting alternate energy sources (including renewable energy), rational energy policies, and multinational energy technology co-operation.

29 Member nations:

Australia

Austria

Belgium

Canada

Czech Republic

Denmark

Estonia

Finland

France

Germany

Greece

Hungary

Ireland

Italy

Japan

South Korea

Luxembourg

Netherlands

New Zealand

Norway

Poland

Portugal

Slovakia

Spain

Sweden

Switzerland

Turkey

United Kingdom

United States

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