Energy News 19th May 2022
WEC India Energy News
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WEC India Energy Handbook Mobile Application
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| Fuel prices cannot be controlled till India increases oil production: Union minister | Haryana buys power at cheaper prices from national grid | 20% ethanol blending: Target 2025, 5 years early | |||
Union Minister Rameswar Teli on Wednesday said that prices of petrol and diesel cannot be controlled till India increases production of oil, saying that the country is dependent on international market for its fuel needs. ''About 83 percent of oil consumed in the country is imported by us. We are dependent on international market, and till we increase our production, its price cannot be controlled,'' the minister Read more... | Chandigarh: Rain in Karnataka region and parts of north India has put the electricity distribution companies at ease and given both domestic and industrial consumers a relief from long power cuts. Availability from south will help Haryana Power Purchase Centre (HPPC) buy electricity at a competitive price. In the last week of April, HPPC had bought electricity for Rs 12 a unit Read more... | Prime Minister Narendra Modi Saturday advanced the country’s target of 20 per cent ethanol blending in petrol by five years to 2025, from 2030. “This goal (of 20 per cent ethanol blending) was earlier set at 2030. But seeing the kind of strides that the country has made in the past seven years, we have decided to reduce the timeline by five years,’’ Modi said at the launch of a pilot project for Read more... | |||
| Climate Change: Greenhouse gas, sea level rise set new records in 2021 | Bhutan looks to taxis to jump-start stalled electric vehicle push | Fuel prices cannot be controlled till India increases oil production: Union minister | |||
Greenhouse gas concentrations, sea level rise, ocean heat and ocean acidification -- the four key climate change indicators -- set new records in 2021 with extreme weather -- the day-to-day 'face' of climate change -- led to hundreds of billions of dollars in economic losses, the WMO State of the Global Climate in 2021 report said on Wednesday. "It wreaked a heavy toll on human lives and well-being and triggered shocks for food and Read more... | THIMPHU: As night sets in, Dorji Wangchuk plugs his electric car into a charging station, then starts thumbing his rosary and mumbling prayers while he waits the half hour before he can continue driving his taxi around Bhutan's capital, Thimphu. He swapped his petrol taxi for an electric vehicle (EV) last year through a project that aims to put 300 battery-powered cabs on the road by September as part of the tiny HimalayanRead more... | Greenhouse gas concentrations, sea level rise, ocean heat and ocean acidification -- the four key climate change indicators -- set new records in 2021 with extreme weather -- the day-to-day 'face' of climate change -- led to hundreds of billions of dollars in economic losses, the WMO State of the Global Climate in 2021 report said on Wednesday. "It wreaked a heavy toll on human lives and well-being and triggered shocks for food and Read more... | |||
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| Import coal for blending by June 15 or face 5% domestic supply cuts: Power ministry to Gencos | Renewable energy key to Assam’s zero emission target by ’70 | LG Energy Solution unveils new battery storage solutions, moves to LFP | |||
New Delhi: The Union power ministry has warned of cutting domestic coal supply by 5% to generating companies (gencos) if they do not import coal for blending by June 15. Power minister R K Singh has also separately written to chief ministers of Haryana, Uttar Pradesh, Karnataka and West Bengal for delaying the process of coal imports.In a letter to all Read more... | Guwahati: Assam’s road to achieving net zero emission target needs massive augmentation in harnessing power from renewable sources of energy, said experts at the Round Table Session: Net Zero Emission by 2070- Assam State Agenda held in Guwahati on Wednesday.ICC and TERI, under the umbrella of the centre of excellence for CSR and sustainability conducted the roundtable conference Read more... | Flexibility is at the heart of the latest battery storage innovations coming from South Korean battery company LG Energy Solution. As seen at the Smarter E event in Munich last week, LG Chem’s energy storage and battery division has gone one step further in modularising its RESU Flex home battery system. It has also developed a new containerised, grid-scale energy storage solution that is delivered Read more... | |||
| Union Cabinet amends biofuels policy, advances ethanol blending target to 2025-26 | Zee Entertainment Enterprises has announced the launch of its Technology and Innovation Centre in India’s tech capital – Bengaluru. | ||||
NEW DELHI: The Union Cabinet on Wednesday approved advancing the target of blending 20 per cent ethanol in petrol by 5 years to 2025-26 as well as allowing more feedstocks for the production of biofuels in a bid to cut reliance on imported oil for meeting the country's energy needs. An official statement said that the Cabinet, headed by Prime Minister Narendra Modi, at its meeting on Wednesday approved the amendments Read more... | Zee Entertainment Enterprises has announced the launch of its Technology and Innovation Centre in India’s tech capital – Bengaluru. The state-of-the-art facility was inaugurated by the Chief Minister of Karnataka Basavaraj Bommai on Friday.. Zee Entertainment Enterprises has announced the launch of its Technology and Innovation Centre in India’s tech capital – Bengaluru. The state-of-the-art facility was inaugurated by the Chief Minister 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."