Energy News 27th April 2022
WEC India Energy News
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WEC India Energy Handbook Mobile Application
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| India could become carbon neutral before its 2070 goal, IRENA chief says | India's peak power consumption exceeds 201 Gigawatt, says government | Exxon makes three new oil discoveries in Guyana and boosts reserves | |||
India's focus on decarbonising its steel sector and developing offshore wind power will help it become carbon neutral ahead of its promised goal of 2070, the director-general of the International Renewable Energy Agency said. IRENA's Francesco La Camera told the Reuters Global Markets Forum late on Monday that India was "very serious" about meeting the challenges and was very interested in developing offshore wind power.Read more... | Amid the reports of coal shortages faced at power plants in the country, the central governmnet said the maximum all-India power demand met was recorded at 201.066 GW on Tuesday (April 26). According to the Ministry of Power, the demand surpassed last year's maximum demand met of 200.539 GW which occurred on July 7, 2021. The rising power demand reflects the economic growth in the country. Read more... | HOUSTON: Exxon Mobil Corp on Tuesday said it found oil in three new wells drilled off the coast of Guyana, raising recoverable oil and gas potential from its discoveries to nearly 11 billion barrels. The discoveries continue a run of exploration successes that date to 2015, and lifts potential oil and gas volumes by nearly 1 billion barrels. Exxon and partners Hess Corp a Read more... | |||
| Fulfilling CoP26 promises can limit global warming to 2°C: Study | Elon Musk is welcome to manufacture Tesla cars in India: Nitin Gadkari | US decides to limit leasing in Alaska petroleum reserve | |||
Global warming can be limited to 2 degrees Celsius over pre-industrial levels if all the conditional and unconditional pledges to the Paris Agreement are implemented in full and on time, according to a study published in Nature this month.Realization of Paris Agreement pledges may limit warming just below 2 °C was published by the University of Melbourne researcher Malte Meinshausen Read more... | Tesla founder Elon Musk should manufacture electric vehicles in India and not import them from China, according to Transport Minister Nitin Gadkari. Speaking at the Raisina Dialogue 2022, Gadkari said, “My suggestion to Elon Musk is that he will get a good market in India. The Indian market is very huge so it is a win-win Read more... | JUNEAU: The US Interior Department has issued a decision to limit roughly half the National Petroleum Reserve-Alaska to oil and gas leasing. The decision rolls back an approach taken by the prior Trump administration, and it drew criticism from Alaska's US senators. The decision signed by Laura Daniel-Davis, principal deputy assistant secretary for land and minerals Read more... | |||
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| Under development global coal power declined by 13%: Report | India, Maldives plan interconnection for transferring renewable power | Recycled glass waste used as sand replacement in 3D printing | |||
The global coal plant capacity under development declined in 2021, Global Energy Monitor's eighth annual survey of the coal plant pipeline said on Tuesday. The report finds that after rising in 2020 for the first time since 2015, the total coal power capacity under development declined 13 per cent in 2021, from 525 Read more... | India and Maldives plan to set up a transmission interconnection for transfer of renewable power between the two countries. The proposal was discussed during the meeting between Power and New and Renewable Energy Minister R K Singh and Maldives' Environment, Climate Change and Technology Minister Aminath Shauna in the Read more... | Researchers from Nanyang Technological University, Singapore (NTU Singapore) have developed the capability to use recycled glass in 3D printing, opening doors to a more environmentally sustainable way of building and construction. Glass is one material that can be 100% recycled with no reduction in quality, yet it is one of the least recycled waste types. Glass is made up of silicon dioxide, Read more... | |||
| India’s G20 Presidency useful to see how renewable energy can speed up industry transition: Env min | Gujarat Biotech University researchers developing technologies to manufacture carbon-free fuel | ||||
New Delhi, Apr 26 (PTI) India’s G20 Presidency is a golden opportunity for both India and the International Renewable Energy Agency to explore and work on how renewable energy can accelerate industry transition of hard-to-abate sectors, Union Environment Minister Bhupender Yadav said on Tuesday. He was speaking after meeting IRENA Director General Francesco La Camera to discuss issues of mutual interest and areas to Read more... | New Delhi: Researchers at Gujarat Biotechnology University (GBU) are developing technologies to produce carbon-free fuel which can eventually reduce carbon emissions and contribute towards a green environment, according to officials. With the vision of making a "green process concept", the research group is working on "wholecell bio-catalysis" (WCB) for the synthesis of green fuels and biopolymers. The team claimed that the process is not only low-cost but also easily Read mnore... | ||||
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| Carbon removal, not emissions reduction, to combat Climate Change | |||||
The discourse on climate change must change, from one that prescribes reduction of fresh emissions of greenhouse gases to one that focuses on removal of the accumulated carbon dioxide in the atmosphere. India must take the lead to bring about this paradigm shift in climate action. The rich world will resist it, the institutions dominated by it will try to drown out the change in a flood of jargon, but India must persist. That is the only way global warming can be reined in while Read more... | |||||
WEC India Energy Handbook mobile application is a compendium of Indian and Global energy sector. The handbook is conceptualized as a ready reference for the energy professionals, covering key energy indicators, trends, source wise electricity generation, fossil fuel prices, top producers of electricity and reserves in the form of user interactive charts and graphs. The handbook also gives insight to global and Indian scenarios by organisations like IEA, EIA and WEC till 2040."