With reference to the US-India Strategic Clean Energy Partnership (USI...
1. India-US Task Force on Biofuels
The first statement is correct. As part of the US-India Strategic Clean Energy Partnership (USISCEP), a new India-US Task Force on Biofuels was announced. This task force aims to build on the existing cooperation in the biofuels sector between the two countries. It will focus on areas such as research and development, capacity building, and facilitating trade and investment in the biofuels sector. This collaboration is important as both India and the United States are keen to promote the use of biofuels as a sustainable and low-carbon alternative to fossil fuels.
2. PACE-R Initiative and Smart Grid/Grid Storage
The second statement is also correct. The Partnership to Advance Clean Energy (PACE)-R initiative is a bilateral effort between the United States and India to promote clean energy development and deployment. The initiative aims to accelerate the transition to a low-carbon economy by fostering innovation, supporting research and development, and facilitating access to financing for clean energy projects.
As part of the second phase of the PACE-R initiative, smart grid and grid storage have been included. Smart grid technology enables efficient and reliable electricity delivery, while grid storage refers to the ability to store energy for later use. Both smart grid and grid storage are crucial components of a modern and resilient energy system, as they help integrate renewable energy sources, improve grid stability, and enhance energy efficiency.
Including smart grid and grid storage in the PACE-R initiative highlights the importance of these technologies in achieving the clean energy goals of both countries. It also provides a platform for collaboration and knowledge-sharing between Indian and US institutions, industry stakeholders, and policymakers in these areas.
In conclusion, both statements are correct. The US-India Task Force on Biofuels aims to enhance cooperation in the biofuels sector, while the inclusion of smart grid and grid storage in the PACE-R initiative reflects the importance of these technologies in advancing clean energy development.
With reference to the US-India Strategic Clean Energy Partnership (USI...
Ministerial dialogue of US-India Strategic Clean Energy Partnership (USISCEP) to be held on 7th October 2022.
- The revamped USISCEP was launched in accordance with U.S.-India Climate and Clean Energy Agenda 2030 Partnership announced by Prime Minister Shri Narendra Modi and President Joe Biden at the Leaders’ Summit on Climate held in April 2021.
Features
- The SCEP organizes inter-governmental engagement across five pillars of cooperation: (1) Power and Energy Efficiency; (2); Responsible Oil and Gas; (3) Renewable Energy; (4) Sustainable Growth and (5) Emerging Fuels.
- India-US Task Force on Biofuels: A new India-US Task Force on Biofuels was also announced to build on the scope of work on cooperation in biofuels sector.
- Renewable Energy: Strengthen the electric grid in India to support large-scale integration of renewables, including through smart grids, energy storage, flexible resources etc.
- Gas Task Force: Rechristening of Gas Task Force to India-US Low Emissions Gas Task Force, which would continue to forge collaboration between U.S. and Indian companies on innovative projects to support India’s vision of gas-based economy.
- India Energy Modeling Forum: Institutionalization of India Energy Modeling Forum with the constitution of Six Task Forces for carrying out research and modelling in different areas. Joint Committees have been set up to deliberate on Energy Data Management, Low Carbon Technologies and Just Transition in Coal Sector.
- (PACE)-R initiative: Include smart grid and grid storage as part of the second phase of the Partnership to Advance Clean Energy (PACE)-R initiative anchored on the Indian side by the Department of Science & Technology.
Hence both statements are correct.
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