India's Minister of State for Power and New and Renewable Energy met with the European Parliament's ITRE committee in New Delhi to discuss expanding energy cooperation. The talks covered energy security, power sector transformation, low-carbon development, carbon markets, and emerging technologies like long-duration storage, green hydrogen, CCUS, and small modular reactors. Both sides also addressed the EU's Carbon Border Adjustment Mechanism and the changing carbon pricing landscape. This meeting signals continued alignment on decarbonization, but specifics are still thin. India's non-fossil capacity is growing, and the focus on storage and grid upgrades suggests practical next steps. The carbon market discussion is notable because CBAM will affect Indian exporters, so domestic carbon pricing may gain momentum. Watch for follow-up agreements that turn these broad topics into concrete projects.
