RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2022-10-11 17:25:00

U.S., INDIA STRATEGIC PARTNERSHIP

U.S., INDIA STRATEGIC PARTNERSHIP

U.S. DOE - OCTOBER 7, 2022 - U.S.-India Strategic Clean Energy Partnership Ministerial Joint Statement

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. As climate and clean energy leaders, the United States and India share a common vision to deploy clean energy at scale during this critical decade to reduce emissions and achieve climate change mitigation goals, taking into account different national circumstances. Through regular consultations on global energy markets, efforts to strengthen collective energy security, and deepening technical engagement to support economy-wide decarbonization, the two countries are proactively addressing the multiple crises that the world faces through the U.S.-India Strategic Clean Energy Partnership.  

During the engagements, the two Ministers reviewed progress across the entire spectrum of the energy sector partnership. They noted with appreciation the tremendous increase in bilateral energy trade achieved over the last few years. They also welcomed the increased clean energy collaboration between stakeholders of both countries which is facilitating expanded clean energy investment, including in emerging technologies.  

The Ministers also underscored the importance of ensuring reliable energy supplies to ensure balanced energy markets, including India’s support for the U.S. initiative to release crude oil from the strategic petroleum reserves, and the importance of diversifying to clean energy sources.    

The Ministers stressed that climate and clean energy collaboration should promote energy access, affordability, energy justice, while supporting sustainable economic growth and just energy transitions. The Ministers also recognized that ambitious national climate and clean energy goals require concerted action and implementation at all levels of government to ensure their viability and sustainability. Capacity building and exchanging best practices including with all stakeholders were also highlighted as critical components to achieving the countries’ climate and clean energy ambitions.  

India and the United States discussed progress on continued efforts to advance emerging fuels and technologies and electrification and decarbonization of end use sectors. The discussions covered hard-to-abate sectors, and the Ministers were informed about various initiatives, including joint research and development on smart grids and energy storage and new collaboration on carbon capture, utilization and storage (CCUS) technologies, and the potential to explore collaboration on other novel technologies under the U.S.-India Partnership to Advance Clean Energy-Research (PACE-R).  

The Ministers noted the importance of facilitating increased energy investments to ensure sustainable, affordable, reliable, resilient and cleaner energy systems. 

Enhanced bilateral efforts include:  

  • Strengthening the power grid to ensure reliable, affordable, and resilient clean energy supply including through smart grids and energy storage;
  • Assessing grid-integrated buildings, electric vehicles, and other distributed energy resources to support load management;
  • Advancing renewable energy development and deployment, including to support India’s goal of achieving approximately 50 percent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030;
  • Advancing energy efficiency and conservation in appliances, buildings and the industrial sector;
  • Electrifying and decarbonizing the transportation sector including creating an enabling ecosystem through setting up an Electric Vehicle (EV) financing services facility in India;
  • Reducing emissions across the oil and gas value chain including efforts at deploying methane detection and abatement technologies;
  • Decarbonizing the industrial sector through efforts at electrification, carbon capture and storage, and deployment of other clean emerging energy technologies;
  • Deepening cooperation between Indian and U.S. Department of Energy labs and agencies, like the EIA, and on energy data management, modeling, low carbon technologies. 

The Ministers also reiterated the importance of private sector engagement to facilitate investment, inform policy, and accelerate technology deployment. To that end, the United States and India continue to convene public-private tasks forces on hydrogen and biofuels, and announced the launch of a new Energy Storage Task Force to support large-scale integration of renewable energy needed to support the clean energy transition. The Ministers welcomed collaboration between Indian and U.S. companies through a Memorandum of Understanding to deploy methane abatement technologies in India’s city gas distribution sector under the Low Emissions Gas Task Force to help reduce emissions in the oil and gas sector. 

Agencies from across the U.S. and Indian governments demonstrated a number of accomplishments across the five technical pillars of cooperation on: 1) Power & Energy Efficiency, 2) Renewable Energy, 3) Responsible Oil & Gas, 4) Sustainable Growth, and 5) Emerging Fuels and Technologies.

The Ministers welcomed expanded efforts under the U.S.-India Strategic Clean Energy Partnership to support a just energy transition to meet today’s unprecedented energy security and climate and energy challenges. 

----- 


Earlier:

U.S., INDIA STRATEGIC PARTNERSHIP
2022, October, 10, 12:40:00
GLOBAL CLIMATE WITHOUT CRISIS
The nations which are home to more than half of the world’s population are not treating climate change as a crisis.
U.S., INDIA STRATEGIC PARTNERSHIP
2022, September, 22, 16:10:00
INDIA NEED LNG
Indian Oil Corp. issued an LNG tender seeking an Oct. 7-8 DES Dahej cargo, while GAIL issued a tender seeking four Oct. 1-Nov. 14 DES cargoes. The tenders closed Sept. 15.
U.S., INDIA STRATEGIC PARTNERSHIP
2022, September, 22, 16:05:00
INDIA'S RENEWABLES 1.5 GW
In 2021, solar and wind accounted for nearly 20% of installed capacity in India, with respectively 49 GW and 40 GW. The country aims to develop 175 GW of renewable capacity by the end of 2022, including 100 GW of solar.
U.S., INDIA STRATEGIC PARTNERSHIP
2022, September, 15, 16:05:00
U.S. RENEWABLES 24%
Renewable generation sources include conventional hydropower, wind, solar, geothermal, and biomass. In the United States, most renewable electricity generation comes from hydropower, solar, and wind.
U.S., INDIA STRATEGIC PARTNERSHIP
2022, August, 9, 14:15:00
U.S. CLIMATE INVESTMENT $430 BLN
The legislation is aimed at reducing carbon emissions and shifting consumers to green energy,
U.S., INDIA STRATEGIC PARTNERSHIP
2022, July, 15, 11:30:00
U.S. CARBON EMISSIONS PROGRAM $2.6 BLN
The two programs – the Carbon Capture Demonstration Projects Program and the Carbon Dioxide Transport/Front-End Engineering Design (FEED) Program – are funded by a more than $2.6 billion investment from President Biden’s Bipartisan Infrastructure Law.
U.S., INDIA STRATEGIC PARTNERSHIP
2022, July, 5, 12:10:00
GLOBAL CHAOTIC ENERGY TRANSITION
Revolutions are messy things. Once underway, they get a life of their own. There is confusion and mistakes are made at the barricades. But once underway, they can’t be turned back; yesterday can’t be summoned rule tomorrow.
All Publications »
Tags: USA, INDIA, ENERGY, CLIMATE, ENERGY TRANSITION