India and the United States have announced new areas of research on transformational power generation based on supercritical CO2 power cycles and advanced coal technologies, including carbon capture, utilization, and storage.
This announcement was made at a virtual ministerial meeting of the U.S.-India Strategic Energy Partnership held on Friday.
Speaking on the occasion, Prof. Ashutosh Sharma said the ongoing collaboration on smart grids and energy storage was being implemented by a consortium comprising 30 Indian and US entities with an investment of US $ 7.5 million each by India and the US, with a matching amount provided by the consortium.
This project will address essential issues relating to adoption and deployment of smart grid concepts along with distributed energy resources, including storage in the distribution network for its efficient and reliable operation, and will also provide policy directions for societal acceptance, impact and value of the integrative solutions and the emerging role of utilities as distributed system operators.
One of the notable outcomes of the dialogue was the participation of India in the multilateral platform for accelerating CCUS technologies through which avenues have been generated for possible US- India collaboration.