As global energy markets evolve, India and the US continue to strengthen their partnership, emphasizing a balanced approach that meets climate goals while ensuring energy security and economic growth
India and the United States are exploring ways to bolster their energy cooperation, as both countries seek to address the challenges of energy security and sustainability, timesofindia.indiatimes.com reported. This was highlighted during a recent meeting between Hardeep Singh Puri, India’s Union Minister of Petroleum and Natural Gas, and Geoffrey Pyatt, US Assistant Secretary of State for Energy Resources, on the sidelines of GasTech 2024 in Houston.
The two leaders reviewed ongoing collaborations between the nations’ energy sectors and expressed a commitment to expanding their cooperation across the energy value chain. Both countries aim for a “just and orderly energy transition,” prioritizing clean energy sources and technologies. Minister Puri emphasized the importance of institutional and corporate partnerships between India and the US, which are broadening and deepening cooperation in critical areas like natural gas, hydrogen, and low-carbon solutions.
Through initiatives like the International Solar Alliance and the Global Biofuels Alliance, India is positioning itself as a global leader in the clean energy transition, using partnerships to accelerate the deployment of sustainable energy solutions
Puri also inaugurated the India Pavilion at GasTech 2024, showcasing the capabilities and technological advancements of Indian companies. He noted that India is progressing rapidly towards energy self-sufficiency under Prime Minister Narendra Modi’s leadership. Indian firms are increasingly looking to collaborate globally, particularly in clean energy technologies such as biofuels, electric vehicles (EVs), and hydrogen.
During his visit, Puri also participated in a ministerial panel alongside energy leaders from Egypt, Nigeria, Turkey, and the US. He underscored India’s proactive approach in mitigating the global energy crisis, citing the country’s focus on both conventional and renewable energy. Puri mentioned that India’s energy demand, which is expected to rise at a 3% annual growth rate, will likely double by 2050, driving significant investments in energy infrastructure.
Additionally, the recent Strategic Clean Energy Partnership (SCEP) Ministerial, co-convened by Puri and US Energy Secretary Jennifer Granholm in Washington, DC, reinforced the two nations’ commitment to advancing clean energy innovation. The SCEP is focused on areas such as energy efficiency, responsible oil and gas use, and the development of renewable energy and emerging technologies.
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