Energy Security
India sets up seven empowered groups to tackle West Asia war impact
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The Indian government has formed seven Empowered Groups of secretaries to monitor and mitigate the West Asia conflict's effects. Prime Minister Narendra Modi discussed the situation in a phone call with Sri Lanka President Anura Kumara Dissanayake, focusing on energy security disruptions.
South Korea is in close talks with Iran and other countries to normalize passage through the Strait of Hormuz after Tehran offered to allow Japan-bound vessels amid the Middle East crisis. A foreign ministry official said the government is actively communicating with relevant nations while monitoring the situation.
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Werner Ponikwar, CEO of Thyssenkrupp Nucera, calls in a guest commentary for more commitment to electrolysis technologies. Diversified energy imports are insufficient to reduce dependency. Electrolysis links renewable electricity to industrial value creation and produces hydrogen as a storable energy carrier.