In this journey, India was richly assisted by the US, UK, Japan and Germany via bilateral energy partnership programmes. Among these, the US-India energy partnership is the longest-running and has been continuously expanding in both scope and impact. The US-India Energy Dialogue started between US Department of Energy (DoE) and the then Planning Commission in 2005, and was rechristened as US-India Strategic Energy Partnership (SEP) in 2018. The technologies implemented at large scale for clean energy, smart grid projects, distributed renewable energy and energy storage brought down the costs by over 90% in the past 10 years. USAID is also expected to announce the South Asia Regional Energy Program, which will focus on clean energy resources, electric vehicles and energy storage.

Source: Mint November 05, 2020 03:22 UTC