EU and India are increasingly interdependent especially in terms of energy supply. The European Ccommission’s Green Paper "A European Strategy for sustainable, competitive and secure energy", the European Council conclusions on the Energy Policy for Europe in 2006 as well as the EC's Strategic EU Energy Review of 2007 clearly prioritise the need for an increased cooperation with major energy consumers, India being among them.
On 10 February 2012, in the margins of the EU-India Summit, leaders adopted a Joint Declaration on Energy cooperation. The Joint declaration renews the firm commitment of both sides to enhance cooperation in the energy field, and identifies priority areas for mutually beneficial joint activity.
On 8 November 2004, at the fifth EU-India Summit, the political decision was taken to embark in an energy dialogue. Key priorities for our cooperation are development of clean coal technologies, increasing energy efficiency and savings, promoting environment friendly energies as well as assisting India in energy market reforms.
In June 2005, the EU-India Energy Panel has been created as the formal instrument of EU-India cooperation in the energy sector. Four working groups were established.