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US-India Energy Storage Alliance Commences Operations for Green Future

The India Energy Storage Alliance (IESA) has been appointed as the Secretariat for the US-India Energy Storage Task Force.

December 12, 2023. By Abha Rustagi

The US-India Energy Storage Task Force, a pivotal initiative to advance clean energy collaboration between the United States and India, has officially commenced operations. This task force, born out of the US-India Strategic Clean Energy Partnership (SCEP), aspires to propel India's Net Zero Goal while strengthening bilateral ties in the strategic clean energy sector.

Initiated at the October 2022 Ministerial meeting, the task force brings together key figures from the Public and Private sectors. Rakesh Kumar, Secretary, Central Electricity Authority (CEA), Ministry of Power, will co-chair from the Indian side, and Eric Hsieh, Deputy Assistant Secretary for Energy Storage in the US Department of Energy’s Office of Electricity, will co-chair from the US counterpart.

The India Energy Storage Alliance (IESA), a leading industry alliance focused on advanced energy storage, green hydrogen, and e-mobility technologies, has been appointed as the Secretariat for the US-India Energy Storage Task Force.

The primary objective of the task force is to deepen cooperation between the two nations, fostering a dialogue between government officials, industry representatives, and stakeholders. The task force aims to scale up and accelerate the deployment of energy storage technologies, aligning with the goals of the SCEP.

Rakesh Kumar emphasized the importance of the task force, stating, "The US-India ESTF, by synergizing the efforts and resources of two countries, would help India in achieving clean energy transition and targeted net-zero emissions by 2070."

Eric Hsieh highlighted the critical role of stored energy, stating, "Stored energy is a key component of integrating renewable resources into the electric grid in America and around the globe."

The task force will facilitate information exchange on energy storage projects, share experiences on business models and financing structures, and assess the state of energy storage technologies. Additionally, it will review policies, regulations, and potential barriers, aiming to accelerate energy storage deployments.

Debi Prasad Dash, Executive Director of IESA, expressed enthusiasm, stating that IESA will support both countries in technology collaboration on manufacturing, supply chain, and deployment of advanced technologies.

The virtual launch of the US-India Energy Storage Task Force is scheduled for the 13th of December 2024, marking a significant milestone in the collaborative journey towards sustainable and innovative energy solutions. 
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