Courtesy: Reuters
The Ukraine crisis has sent the EU scrambling for new gas supplies, generating fresh interest in gas pipelines from Central Asia and West Asia via Turkey. Practical difficulties make most of these new projects unviable.
Courtesy: Small Caps
The supply of critical minerals, crucial for new and emerging technologies such as electric vehicles, electronics and renewable energy production, faces a significant disruption due to Covid and the Ukraine crisis. As the prices of these valuable resources surge, India can secure its supplies through the sagacious use of financial investments, efficient policies, and propriety technology. A collaboration with Japan can offer multifaceted benefits.
Courtesy: CRN India
On 31 May 2022, Amb. Rajiv Bhatia delivered keynote address at the panel discussion on Emerging and Critical Technologies in the Indo-Pacific: Opportunities and Challenges, organised by the Kalinga Institute of Indo-Pacific Studies. Amb. Bhatia elucidates on usage of technology in modern warfare, especially the Ukrainian war, while also stressing those critical technologies in the Indo-Pacific can provide a fillip to sustainable development in the region.
Courtesy: Economic Times
The warning signs were visible long before the Ukraine conflict. Years of insufficient investment into oil and gas production resulted in high price, and shortages. With investors keeping away from traditional fuels, the conflict in Ukraine precipitated the inevitable. Energy-dependent India must now insulate its supply chains.
Courtesy: Twitter- Narendra Modi
The strength and trust in the India-FRANCE bilateral was evident during the May 4th visit of Prime Minister Modi to Paris. Beyond the difficult discussions on multilateral issues, the partnership has been deepened in several key areas of cooperation, from defence to education, climate, energy, digitalisation and technical collaboration. Energy and digitalisation are two particularly bright spots for future collaboration.
Courtesy: Gateway House
India and France have long been reliable partners, and friends in need. The fifth meeting between the leaders of the two countries highlights the focus on strengthening cooperation in 21st century issues. The India-France Track 1.5 Dialogue, hosted by Gateway House, Mumbai and Ifri, Paris, explored the potential of cooperation in digitalisation and energy transition
Courtesy: Gateway House
On 16 March 2022, Foreign Secretary, Harsh Vardhan Shringla, delivered the keynote address at the first roundtable of the India-France Track 1.5 Dialogue, co-hosted by Gateway House and Ifri. He traced the achievements of the bilateral, particularly in the areas of digital cooperation and energy transitions. He highlighted the "infinite possibilities" for the India-France partnership given their unique positions in the Indo-Pacific.
Courtesy: Ciel et Terre
India and France have been actively working together to solve various sustainability issues from renewable energy generation to the blue economy and biodiversity conservation. There is so much more to do bilaterally with climate finance and urban sustainability, and multilaterally with the G20. All the ingredients are in place for a robust climate partnership.
Courtesy: Shutterstock
Renewable energy is trendy, but still unreliable at this early stage. Countries will find it necessary to fall back on traditional energy sources like coal and oil for their needs, and this can lead to energy price spikes. To protect itself from this scenario, now is the time for energy-dependent India to set up a wealth fund that invests in listed oil companies around the world, to reduce the risk of energy insecurity.
Courtesy: Shutterstock
Since August 2021, Western Europe has faced a problem with renewable energy, causing it to turn to natural gas as an emergency alternative. This has led to a significant increase in gas prices and has serious implications for fertiliser and food prices. If this trend continues, it will be likely to cause food insecurity especially in poorer nations which do not have the monetary cushion of the West.