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The transformation of India’s energy system is a crucial step towards fulfilling its ambitions to become a developed economy over the next two decades, and an indispensable component of the global fight against climate change. Indians demand greater energy access; policymakers recognise the importance of energy security; and there is a political consensus that India must be a global leader on sustainable, practical climate action. This requires a pragmatic approach to energy, alongside a clear-eyed understanding of the structural changes and investment decisions involved. A whole-of-government approach is needed, building consensus across multiple regions and levels of the Indian state. Multiple energy sources must play a role: Renewables, alongside large-scale storage to provide round-the-clock power; nuclear energy, driven by a visionary shift in the domestic regulatory environment; and reliable access to natural gas to ease and lubricate the transition. It will require a rethink of how grid are constructed, maintained and managed – a continent-scale reconfiguration that will provide lessons for the rest of the world. How can India make pragmatic choices about the choice of energy sources and partners that best serve its agenda of access, affordability, and climate action? What fuel will realistically deal with the base-load needs of a still-industrialising economy – round-the-clock renewables, nuclear power, natural gas? Or will India and others need to invest in all of them? What will it take to remake India’s grid, and where must we invest both financial and political capital? What role do states play in this effort? Given that electricity is a subject in which both states and the Union government have a say, how can we create political momentum? What has worked elsewhere? Speakers: Bjorn Lomborg, President, Copenhagen Consensus Centre, Denmark Sunjoy Joshi, Chairman, Observer Research Foundation, India David Victor, Professor, Innovation and Public Policy, School of Global Policy and Strategy, University of California San Diego, United States of America Kira Vinke, Head, Centre for Climate and Foreign Policy, German Council on Foreign Relations, Germany Nikit Abhyankar, Associate Adjunct Professor, Co-Faculty Director, India Energy and Climate Centre, Goldman School of Public Policy University of California, Berkeley, United States of America Moderator: Gopalika Arora, Deputy Director, Centre for Economy and Growth, Observer Research Foundation, India