India Collaborates with USA for Boosting Clean Energy Transition
The Ministerial meeting of the U.S.-India Strategic Clean Energy Partnership (SCEP) was organised between Indian Minister of Petroleum and Natural Gas, HE Hardeep S. Puri and U.S. Energy Secretary HE Jennifer Granholm in New Delhi.
July 19, 2023. By EI News Network
During the meeting, the sides observed the rising importance of bilateral energy cooperation between the countries while highlighting the crucial significance of bilateral clean energy engagement and the attainments of the SCEP in boosting energy security, enabling opportunities for clean energy innovation, referring climate change and generating employment opportunities.
Underlining that India and the US represent huge democracies, the sides highlighted the significance of joint action and collaboration not only for bilateral progress but also for navigating the global energy transition.
The sides assessed the ambitious and dynamic SCEP mandate, which over the years has deepened and boosted cooperation throughout a broad field of clean energy work streams, comprising clean and renewable energy, energy efficiency, emerging technologies like battery storage and switching technologies, gas hydrates, advanced biofuels, and hydrogen and electrolyzer production.
To strengthen collaboration and boost the deployment of hydrogen technologies through the public-private Hydrogen Task Force and other moves in support of their national hydrogen strategies, comprising a focus on common cost reduction goals.
The introduction of the U.S.-India New and Emerging Renewable Energy Technologies Action Platform (RETAP) to expedite the growth of major technologies to further common clean energy goals.
Exploring the role of carbon capture, utilisation and storage to reduce emissions, the sides consented to stimulate partnership in this area by developing existing cooperation and propelling new associations comprising finding out the geologic carbon storage potential.
The sides helped cooperation between USAID and Indian power PSUs like NTPC and SJVN in the generation of clean energy financing policy to ascertain the development of sustainable, resilient, and clean energy systems.
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