All posts tagged: energy resilience

Strategic stockpiling to AI ecosystem, the India-Japan roadmap’s out | India News

Strategic stockpiling to AI ecosystem, the India-Japan roadmap’s out | India News

The two sides also advanced cooperation “to enhance the resilience and competitiveness of both countries in the field of AI”. The aim is to bring about innovation and growth in both countries, in order to build a safe, secure, trustworthy, inclusive, human-centric, sustainable, accountable, and innovation-oriented AI ecosystem, the joint statement on AI said. Towards energy resilience, both sides highlighted the importance of regional initiatives to strengthen energy resilience, such as India’s support for energy security in South Asia and Japan’s Partnership On Wide Energy and Resources Resilience (POWERR Asia). Following discussions between Modi and Takaichi, the Ministry of Petroleum and Natural Gas and the Japanese Ministry of Economy, Trade and Industry will cooperate on the strategic stockpiling ecosystem. “Cooperation will focus on mechanisms related to national stockpiling systems and reserves, including industry stockpiles; and coordination regarding arrangements with producing countries, besides emergency response and market stabilisation,” said a statement by the Ministry of External Affairs (MEA). New Delhi and Tokyo will also hold discussions under the India-Japan Joint Working Group on Petroleum and Natural …

There are three pathways for India to develop greater energy resilience

There are three pathways for India to develop greater energy resilience

The closure of the Strait of Hormuz is, perhaps, a crisis too valuable to ignore. While some disruption is inevitable in the near term, within a timeframe of 5-10 years, more sustainable solutions may be found by realigning our energy dependence from external to internal sources. What are these internal sources? We could “drill, baby drill” for oil and gas off the Andaman & Nicobar islands. However, this is a very capital-intensive undertaking with uncertain outcomes, and if successful, it will, based on evidence, take decades to exploit. Commercialising fossil-fuel alternatives from locally available resources is imperative, along with an alternative supply and distribution chain for LNG. Based on current and emerging technologies, there are three feasible pathways for greater energy resilience: Widening electricity applications in transport, cooking, industrial process heat, and production of e-fuels; biofuels from agricultural residues and manure, municipal solid and liquid waste, and forestry biomass; increasing the share of natural gas in primary energy, and integrating small-scale LNG (SSLNG). We take up each in turn: First, India’s targets for non-fossil electricity …