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Solar power developers have offered to sell electricity in India at less than Rs 5/unit. This makes solar competitive with traditional forms of energy, and makes new nuclear power plants financially unviable. India must register the changed reality, and discard the idea of expensive Western reactors. Time to scrap the India-U.S. nuclear deal?
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Even as India and Germany move ahead on energy cooperation, India-U.S. energy collaboration is stranded in the three key areas: nuclear power, shale gas, and solar energy. But with cheaper energy imports due to the fall in fossil fuel prices over the past 12 months, India can wait till it gets a better deal from the U.S.
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A journey which began in Istanbul in 2012 ended in triumph in Vienna in July 2014, as the P5+1 countries and Iran announced a Joint Plan of Comprehensive action that would see Iran free of all economic sanctions while upholding the right to a civil nuclear programme. While this journey, fraught with challenges, technically is over, the ratification battle in the U.S. congress commences now
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The announcement in June of a Saudi-Israeli alliance against Iran has to be seen in the context of the strategic dimensions of India’s relations with Saudi Arabia, Israel, Iran, and the U.S. And it has far-reaching implications for India’s policy towards West Asia
Courtesy: U.S. State department/Flickr
With the EU, Iran, and other entities taking decisive steps on April 2 to ensure a non-nuclear Iran, President Obama must now counter interests in the U.S. that want to stymie the final agreement. But having come this far, and considering the comprehensive benefits of an agreement, all sides are sure to deliver
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The India-U.S. nuclear agreement represents a $17 billion opportunity for Indian business. It will also help India secure fuel for its indigenous reactors, and contribute to cheap and plentiful energy. But a major concern remains—will these projects be efficiently executed?
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Bringing U.S. nuclear technology to India is a goal identified in the countries’ joint vision statement. Although public discourse on the India-U.S. nuclear deal has focussed on the liability clause, the pact’s success also depends on resolving other factors such as local sourcing, technology transfer and project delays
Courtesy: Wikimedia\Floyd Rosebridge
Cooperation in the energy sector offers a chance for India and the U.S. to build on a mutually beneficial and complementary relationship. The U.S. will gain from having a large, long-term market while India will benefit from cheaper and more diversified energy sources
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India’s domestic demand for natural gas is only growing. Prime Minister Narendra Modi’s is looking to convince the U.S. government to sell LNG to India by exempting it from the requirement of a compulsory Free Trade Agreement (FTA) during his September trip. Another source for LNG for India can be Russia which is currently facing western sanctions and is looking to Asia as a gas export destination. India can benefit from both
Courtesy: European External Action Service
On November 24, the P5+1 and Iran reached a consensus on the interim agreement regarding Tehran’s long-disputed nuclear program. How comprehensive is this agreement, and what are its potential upshots for U.S., and West Asia – especially Israel and Saudi Arabia? More importantly, can India play a positive role?