The 4th India-Australia Energy Dialogue was co-chaired by Union Minister for Power and New & Renewable Energy, RK Singh, and Australian Energy and Emissions Reduction Minister Angus Taylor.
Energy Transition was a major area of discussion in the dialogue.
Both the Energy Ministers discussed energy transition activities in their respective countries with a focus on renewables, energy efficiency, storage, EVs, critical minerals, mining, etc.
The need for Climate Finance was also highlighted by India for meeting the Energy Transition goals of developing countries.
Both the countries signed a Letter of Intent for working towards reducing the cost of new and renewable energy technologies and scaling up their deployment to reduce global emissions.