India-US Ministerial Energy Dialogue 2015 held

Indian delegation was led by Piyush Goyal, Minister of State for Power, New and Renewable Energy and US delegation was led by Dr Ernest Moniz, the US Secretary of Energy.

Created On: Sep 24, 2015 14:01 ISTModified On: Sep 24, 2015 13:12 IST

The India-US Ministerial Energy Dialogue was held on 21 September 2015 at the US Department of Energy, Washington. Indian delegation was led by Piyush Goyal, Minister of State for Power, New and Renewable Energy and US delegation was led by Dr Ernest Moniz, the US Secretary of Energy.

During the Dialogue, both the sides reviewed the progress made by the six Working Groups of the Energy Dialogue and identified new areas for cooperation.

The six Working Groups included Working Groups on (a) Coal; (b) New Technology and Renewable Energy; (c) Petroleum and Natural Gas; (d) Power and Energy Efficiency; (e) Sustainable Development and; (f) Partnership to Advance Clean Energy-Research (PACE -R).

Highlights of the India-US Energy Dialogue 2015
• The focus of the meeting revolved on various dimensions of clean energy in order to ensure that people have access to adequate and affordable energy for better quality of life and sustainable livelihood.
• The need to develop a robust energy data management system to develop better simulation of the energy scenario in India in the future was also recognised.
• Collaboration in the area of fracking of shale gas, especially water less fracking in India, was identified as areas of future cooperation under the Energy Dialogue as India had proven reserves of shale gas and US had well developed expertize for Shale gas extraction.  
• In the power and energy efficiency working group, it was decided to work in the future on energy efficiency in Low Waste Heat Utilisation, Data Centre energy efficiency and Space cooling.
• It was also agreed to significantly scale up Promoting Energy Access through Clean Energy (PEACE) and develop innovative mechanisms to encourage participation of private sector investments for off-grid solutions.
• It was agreed to expeditiously conclude the following MoUs (a) between National Energy Technology Laboratory (NETL) of the US and NTPC of India to improve power plant efficiency; (b) to enhance cooperation on energy security, clean energy and climate change; as well as (c) on Gas Hydrates.
• The US side offered support to India’s Project Tiger designed to protect the population of Bengal tigers in their natural habitats. The Sides agreed to work together to use the latest technology to combat poaching and protect of tigers in India.

The United States and India are already working together on a number of important energy initiatives.  These are:
Partnership to Advance Clean Energy (PACE): Established in 2009, PACE continues to be the cornerstone of cooperation and is on track to help the Indian government achieves its energy and development related missions.  So far it has mobilized 2.4 billion US dollars for clean energy finance.

Joint Clean Energy R&D Centre (under PACE-R): It is pushing technological innovation in solar energy, biofuels, and energy efficiency for buildings.  

Promoting Energy Access through Clean Energy (PEACE) initiative: Launched in 2013, the initiative works to bring electricity access to roughly 300 million people (nearly the population of the United States).

PACESetter fund: The fund is aimed at providing 8 million US dollars in partnership with the Indian Government to support innovation in energy access delivery.

Now get latest Current Affairs on mobile, Download # 1  Current Affairs App

Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

एग्जाम की तैयारी के लिए ऐप पर वीकली टेस्ट लें और दूसरों के साथ प्रतिस्पर्धा करें। डाउनलोड करें करेंट अफेयर्स ऐप

Comment ()

Related Categories

Post Comment

5 + 1 =