US-India Strategic Clean Energy Partnership (SCEP):
The revamped US-India Strategic Clean Energy Partnership SCEP was launched during the ministerial meeting of the Petroleum and Natural Gas Ministry with the US Ministry of Energy.
- The SCEP was launched in accordance with the US – India Climate and Clean Energy Agenda 2030 Partnership announced by both countries at the Leaders’ Summit on Climate held earlier this year (2021).
US-India Agenda 2030 Partnership:
- The aim is to create stronger bilateral cooperation on actions in the current decade to meet the goals of the Paris Agreement.
- The Partnership will proceed along two main tracks: the Strategic Clean Energy Partnership and the Climate Action and Finance Mobilization Dialogue.
- India elevated the India-US energy dialogue to a strategic energy partnership in 2018.
Revamped Strategic Clean Energy Partnership (SCEP):
- Addition of a fifth Pillar on Emerging Fuels (cleaner energy fuels).
- With this, the SCEP inter-governmental engagement now spreads across five pillars of cooperation – Power and Energy Efficiency, Responsible Oil and Gas, Renewable Energy, Sustainable Growth and Emerging Fuels.
- Support India in achieving its goal of installing 450GW of renewable energy capacity by 2030.
- A new India-U.S. Task Force on Biofuels was also announced.