Dr Fatih Birol, Executive Director of the International Energy Agency (IEA), set the tone for the event by declaring at its outset: “Nuclear power is making comeback—and in a strong fashion.”

Just eliminating fossil fuel alone is a tall order -- 22 percent of the current generating mix is coal and 38 percent is natural gas. Half of the generation will, in theory, go offline while demand for electricity soars.

The US and India have continually increased their trade in other sectors, so this has made partnering on energy very easy. Additionally, both countries are facing difficulties with keeping energy prices low, so they have had to look for new initiatives.

During the consultation the government is seeking opinions and recommendations on three major issues: how energy consumption can be adapted in order for France to reach climate neutral by 2050; how energy demand can be met whilst reducing dependency on fossil fuels; and how to plan, implement and finance the energy transition.

China's crude imports from Russia have continued to stay elevated through 2022, averaging at 1.71 million b/d over January-August, up 7.3% year on year, according to customs data.

Lesson one is that energy security and energy transition must be in balance to sustain energy systems that are also affordable.

Progress on the world’s rising climate action ambitions could be undermined by a shortage of some of the critical minerals used in clean-energy technologies including wind turbines, solar farms and electric vehicles (EVs),

With AI, utilities can forecast more accurately to predict how much actual power their installations will generate in any situation.

Amidst volatility in global energy markets, continuing recovery from the COVID-19 pandemic, and increasingly frequent climate-related challenges, the United States and India reiterated their commitment to accelerating a just and sustainable energy transition.

In their national statements, major nuclear power operating countries such as China, France, Japan, South Korea, the United States of America and Russia all made favourable mention of nuclear power as a reliable and low carbon energy source.