India-USA agreement to fund smart grid research
August 23, 2016
The US department of Energy (DoE) and the Indian Ministry of Science & Technology (MST) are each committing $1.5m per year for five years for joint research on smart grid and energy storage.
The agreement is part of the Pace-R USA-India Partnership to Advance Clean Energy Research.
The hope is that the USA and Indian private sectors will match the respective government commitments, resulting in a combined $30m public-private research investment over the next five years.
“Smart grid and storage technology will transform how we produce and consume electricity, which has the potential to decrease carbon pollution by scaling up renewable energy deployment,” said US secretary of energy Ernest Moniz. “Working collaboratively with India will accelerate solutions to drive down technology costs and improve grid resilience and reliability in both countries.”
In 2009, India and the USA launched Pace to support research and deployment of clean energy technologies. Pace is the core mechanism of bilateral energy R&D collaboration between the two countries. Since its launch, the countries have agreed to expand the initiative, which has three main areas of activity – research (Pace-R), deployment (Pace-D) and access (Peace).
In 2012, DoE and MST committed jointly to funding Pace-R with a combined $50m in government funding over five years to launch three initial research consortia, focusing on solar energy, energy efficiency in buildings and next-generation biofuels. This latest agreement provides resources for a fourth consortium under Pace-R that will focus on smart grid and energy storage for grid applications.
The consortium will enable counterparts in the USA and India to leverage the technological research capabilities of both countries. It will be officially established when an award selection is made, anticipated in 2017.