India – Russia

A Memorandum of Understanding (MoU) was signed between BEE and Russian Energy Agency (REA) in February, 2020 at Moscow to promote cooperation in the area of Energy Efficiency. The sides noted the interest in cooperation in the field of energy audits and participation in international Energy Efficiency festivals.

A meeting was held between BEE and Russian Energy Agency (REA) on February, 2022 to discuss the way forward for implementing the activities as planned in the MoU. The following actions were taken:

1. BEE has sent REA, reports outlining the results of BEE`s work in recent years for REA to study the projects and to decide on the potential topics of the upcoming events;
2. REA has provided BEE with a link to the English version of the public business science magazine “Energy Policy” for BEE to study the content in order to explore the opportunity for Indian experts, to be published in the magazine.
3. BEE and REA to prepare a roadmap which will include topics of the future events taking into account the mutually decided proposals as well as the report provided by BEE. The topics may include:
   1. Energy efficiency in energy sector
   2. CCS and hydrogen (in the context of achieving climate targets) and
   3. carbon regulation against the background of India carbon market development.