R&D Conclave 2024

09-10-October-2024  

R&D Conclave 2024

The Federation of Indian Petroleum Industry (FIPI), in collaboration with industry partners, successfully hosted the 6th R&D Conclave on October 9-10, 2024, at Hotel Shangri-La Eros, New Delhi. Centered on the theme, “Role of R&D for Transition Towards Sustainable Energy,” the conclave served as a platform for thought leaders from the energy sector, academia, and policymakers to discuss innovative solutions for a sustainable energy future.



Inaugural Address:



Mr. Alok Sharma, Director (R&D), IOCL, opened the event by emphasizing the importance of research and development in adapting to the evolving energy landscape. He underlined the need for collaboration to address challenges in deploying sustainable technologies such as 2G ethanol, compressed biogas (CBG), hydrogen, and Carbon Capture, Utilization, and Storage (CCUS). He highlighted the transformative role of R&D in making these solutions economically viable and fostering the energy transition.



Keynote Speeches:



Dr. R.K. Malhotra, Director and Co-founder of Carbon U Turn Technology Pvt. Ltd., stressed the urgency of combating climate change and achieving India’s ambitious targets of reducing carbon intensity by 45% by 2030 and reaching net-zero emissions by 2070. He highlighted the critical role of CCUS, hydrogen technology, and renewable innovations in driving decarbonization. He also discussed the transformative potential of digitization, process intensification in refineries, and advancements in solar, wind, and hydrogen storage technologies.



Padma Shri Prof. G.D. Yadav of ICT, Mumbai, delivered a thought-provoking address on tackling rising COâ‚‚ levels and integrating circular economy principles. He advocated for accelerating the hydrogen economy, advancing green hydrogen technologies, and exploring COâ‚‚ utilization for valuable chemical production. His insights underscored the importance of academia-industry collaboration to address energy transition challenges and capitalize on India’s leadership in green hydrogen innovation.



Special Remarks:



Mr. Arun Kumar Singh, Chairman of FIPI and ONGC, highlighted the growing need for collaboration in R&D to elevate India's energy and technological capabilities to global standards. Mr. Pankaj Jain, Secretary, MoP&NG, emphasized integrating R&D across the entire energy value chain and urged the involvement of young professionals in driving innovation.



Key Discussions:



Discussions covered energy transition strategies, sustainable refining, biofuels, circular economy approaches, e-mobility, battery technologies, future fuels, and disruptive innovations. The conclave spotlighted the need for continuous R&D investments to address economic and technological challenges in these areas.



Conclusion and Acknowledgments:



The event concluded with a vote of thanks by Mr. D.L.N. Sastri, Director (ORM), FIPI, who appreciated the contributions of esteemed speakers, delegates, and sponsors. He emphasized the collaborative efforts that made the conclave a success, with over 100 participants joining in-person and virtually. The conclave reaffirmed FIPI's commitment to fostering innovation and collaboration for a sustainable energy future.



Detailed Summary