India and the US have a long-standing energy collaboration. In June 2017, PM Modi and US President Trump reinforced the strategic importance of bilateral energy cooperation, through the announcement of a new US–India Strategic Energy Partnership (SEP).
Daily Current Affairs Quiz 2020
Key-Points
The India–US Strategic Energy Partnership has four pillars: Oil and Gas, Power and Energy Efficiency, Renewable and Sustainable Growth. The Sustainable Growth pillar is being co-chaired by NITI Aayog and USAID.
Key achievements and future action plan of the Sustainable Growth pillar were highlighted during the ministerial dialogue of the SEP held on 17 July 2020.
This pillar brings together Indian and American researchers and decision-makers to collaborate in three focal areas: energy data management; energy modeling; and promotion of low-carbon technologies.
Considerable progresses in all three areas of the Sustainable Growth pillar were noted as below:
Energy data management: An India Energy Dashboard, which was launched in 2015, has been revamped with the provisioning of data input online and through API integration. To enrich the exercise, NITI Aayog created eight sub-groups on energy demand and supply sectors. India and US agencies will cooperate to build a robust energy dashboard.
Energy modelling: Two exercises carried out on energy-water nexus and decarburization of transportation sector have highlighted key issues and provided policy advice. NITI Aayog and USAID jointly launched India Energy Modeling Forum on 2 July 2020. The forum will engage US and Indian researchers, knowledge partners, think tanks, both national and international, and government agencies and departments for modeling and long-term energy planning exercise.
Low carbon technologies: Both sides agreed to engage through concerned Government, related agencies, and private players for the promotion of low carbon technologies in India.