Strengthening the U.S.-India Partnership for Energy Security and Industrial Growth
Key Ideas
  • Energy security is vital for economic growth and national security in the U.S.-India partnership.
  • A four-pronged approach including research partnerships, trade missions, public-private partnerships, and bilateral collaborations is proposed.
  • Joint efforts are needed to meet the increasing demand for batteries and critical minerals, focusing on automotive technologies and hydrogen fuel cells.
  • Collaboration in natural gas, green hydrogen, and nuclear power presents opportunities for investments and advancements in energy technologies.
The report titled 'A Blueprint To Advance The U.S.-India Energy Security Partnership' emphasizes the importance of energy security in the U.S.-India partnership for economic growth and national security. It suggests the establishment of a U.S.-India Energy and Industrial Partnership to deploy energy technologies at scale, reduce supply chain concentrations, and strengthen industrial bases. The four-pronged approach involves research partnerships for new technologies, trade missions for technology transfers, public-private partnerships in manufacturing, and bilateral collaborations for funding strategic sectors. The report projects an eight-to-tenfold increase in demand for batteries and critical minerals by 2035, requiring joint efforts in resource mapping, capital deployment, and technology partnerships. Special emphasis is placed on automotive technologies, including hydrogen fuel cells, advanced driving assistance, and drones. India's focus on natural gas, green hydrogen, and nuclear power creates collaboration opportunities with the U.S., especially in cost-competitive electrolyzers and nuclear components. The proposed steps aim to foster collaboration and investments involving the private sector and start-up ecosystems of both countries. By leveraging each other's strengths in renewable energy, battery technologies, and electrolyzers, the U.S. and India can enhance their energy security and industrial growth while advancing towards a sustainable energy future.
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