NITI Aayog and Institute of Energy Economics, Japan (IEEJ) signed Statement of Intent for joint study projects for the respective country. This year NITI and IEEJ has taken three joint study projects under this initiative. The projects are namely 1. Impact of High Penetration of Renewable Energy on the Grid, 2. Assessment of Natural Gas Demand in India (2047), 3. Clean Coal Technology in India.
Brief about IEEJ
The Institute of Energy Economics, Japan (IEEJ) was established in June 1966 and certified as an incorporated foundation by the Ministry of International Trade and Industry in September that year. The aim of its establishment is to carry on research activities specialized in the area of energy from the viewpoint of the national economy as a whole in a bid to contribute to sound development of the Japanese energy-supplying and energy-consuming industries and to the improvement of people's life in the country by objectively analysing energy problems and providing basic data, information and reports necessary for the formulation of policies. With the diversification of social needs during the three and a half decades of its operation, IEEJ has expanded its scope of research activities to include such topics as environmental problems and international cooperation closely related to energy. In October 1984, the Energy Data and Modeling Center (EDMC) was established as an IEEJ-affiliated organization to carry out such tasks as the development of energy data bases, building of various energy models and econometric analyses of energy. In July 1999, EDMC was merged into IEEJ and began operating as an IEEJ division under the same name, i.e., the Energy Data and Modelling Centre. More information about the IEEJ can be found at: https://eneken.ieej.or.jp/en/