NITI Aayog and the Netherlands release report on LNG use in vehicles

NITI Aayog and the Embassy of the Netherlands in India released the report titled 'LNG as a transportation fuel in medium and heavy commercial vehicles' on 6 February 2024. This report was released during the celebration of India Energy Week 2024 in Goa.

The Netherlands has been cooperating with NITI Aayog since 2020:

• NITI Aayog and the Netherlands are actively collaborating in the area of energy transition under a Statement of Intent partnership since 2020. This report has been issued as the first result of mutual cooperation between the two sides.
• The report focuses on leveraging LNG as a fuel source and optimizing its use in the medium and commercial vehicle segment.
• It examines the coordination issues faced by various stakeholders. Highlights what can be learned from other countries to address these challenges.
• The Netherlands, like India, is making significant progress in the field of clean energy, with a primary focus on carbon reduction through a shift in energy sources.
• It will leverage the Netherlands' expertise in the energy sector, to achieve international climate targets set in the 2015 Paris Agreement. There is a lot of scope for working with India's public and private sectors for this.

The Netherlands ahead in green hydrogen revolution:

• The Netherlands is at the forefront of European initiatives to launch a green hydrogen revolution and replace fossil fuels. The Netherlands is the second largest hydrogen producer in Europe. Whereas China is the largest producer and consumer of hydrogen in the world.
• The report highlights strategies that will help achieve the target of 15% gas share in primary energy supply and goal of Net Zero by 2070.
• The report explores various challenges and barriers associated with LNG adoption in India and recommends a roadmap of actionable solutions.
• NITI Aayog and the Netherlands Embassy plan to work together to strengthen their cooperation on sustainable development with a focus on circular economy besides transition to energy sources.
• Vice Chairman of NITI Aayog: Suman Berry

About Netherlands:

• The Netherlands is a major country in the European continent. It is located in north-eastern Europe. The North Sea is located on its northern and western borders, Belgium in the south and Germany in the east.
• Capital: Amsterdam
• Currency: Dutch Guilder
• Prime Minister: Mark Rutte
• Emperor: Willem-Alexander