Biofuels Has Huge Role To Play In Energy Quadrilemma: Secretary, MoP&NG
Biofuels has a huge role to play in the energy quadrilemma, said Pankaj Jain, Secretary, Ministry of Petroleum and Natural Gas (MoP&NG) in Mumbai.
He was addressing the global biofuel alliance seminar organised by MoP&NG on the sidelines of the third energy transition working group meeting.
Jain in his keynote address, focused on the untapped potential of biofuels and its increasing appeal from clean energy transition, wide-ranging application, techno-commercial viability, and financing standpoints.
He also laid emphasis on the importance of biofuels in boosting economic prosperity, energy security, access, and affordability while being sustainable and supporting decarbonisation.
“Technology advancements provide multiple biofuel feedstock options (i.e., sugarcane, corn, agriculture waste, bamboo, etc.) and further cooperation across G-20 nations can help in further development of the global bio-fuels market and realise biofuels’ full potential,” added Jain.