India and United States Energy Dialogue held in New Delhi
India and United States Energy dialogue held in New Delhi.
India and United States Energy dialogue was held in New Delhi from 5 March 2014 to 11 March 2014. The Dialogue was co-chaired by Dr. Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission, and Dr. Ernest Moniz, Secretary, U.S. Department of Energy.
At the India-US Energy Dialogue India and United States agreed to promote scientific cooperation, research & development for greater technological innovation and for deployment of environmentally friendly technologies and products.
During the Dialogue, U S-India Joint Clean Energy Research and development Centre had also brought up issues relating to progress on solar energy, advanced bio-fuels and energy efficiency of buildings under PACE-R.
The dialogue will lead to business-to-business collaboration of both the countries. The expected expanding trade and sound regulatory frameworks will emerge to deliver energy solutions for sustainable growth of economies of both the countries for benefit of their people.
The Energy Dialogue is part of the broader Indio-U.S. Strategic Dialogue. The Energy Dialogue was launched in May 2005 with the last meeting held in September 2012 in Washington DC. The next Dialogue will be held in the United States.
In 2009, the India and US agreed to significantly increase collaboration on energy security and clean energy and launched the Partnership to Advance Clean Energy (PACE) for the purpose.
Partnership to Advance Clean Energy Research & Development (PACE-R) has been working on research and development projects on solar energy, Building Energy Efficiency and Second generation bio-fuels.
India and USA have also signed two separate MOUs for partnership in clean energy access (PEACE) and demand for air-conditioning sector.
The Memorandum of Understanding (MoU) on Promoting Energy Access through Clean Energy (PEACE) was launched in September 2013. It was launched to promote increased energy access and to develop several priority activities.