Energy News 23rd May 2022
WEC India Energy News
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WEC India Energy Handbook Mobile Application
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| Live: Davos hosts WEF meeting with focus on Ukraine war, climate change | Govt to spend ₹1,800cr to build 99 more power stns | Average US gasoline price jumps 33 cents to USD 4.71 per gallon | |||
Live news updates: After a gap of nearly two-and-a-half years, Swiss ski resort town Davos is hosting the World Economic Forum Annual Meeting with a host of global leaders including from India expected to deliberate over the Ukraine crisis, climate change and a host of other issues affecting the world. The annual summit of the world's rich and powerful begins with a welcome reception on Sunday evening and will continue till Thursday, May 26. Those scheduled . Read more... | Bhubaneswar: Chief minister Naveen Patnaik on Saturday said the state government would spend Rs 1,800 crore to set up 99 more 33/11 KV sub-stations to improve power distribution. Naveen made the announcement while dedicating to the people six high-power grid sub-stations in six districts and a 220 KV transmission line worth Rs 450 crore. The sub-stations have been established in Rayagada, Nabarangpur, Kalahandi, Sambalpur, Keonjhar and Khurda districts while Read more... | Camarillo: The average US price of regular-grade gasoline spiked 33 cents over the past two weeks to USD 4.71 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the price jump comes amid higher crude oil costs and tight gasoline supplies.The average price at the pump is USD 1.61 higher than it was one year ago. Nationwide, the highest average price for regular- Read more... | |||
| CLIMATE Bill Gates explains what you can do now to fight climate change | Power Generation Doubles In May On Imported Coal Blending | GAIL's natural gas supply reaches HPCL Mittal Energy refinery in Bathinda | |||
Climate change is such an overwhelming and systemic problem, it’s easy to feel there’s nothing one individual can do to fight it. But Microsoft co-founder and philanthropist Bill Gates gave some concrete suggestions in an online question and answer session on Reddit on Thursday. As a consumer, if you opt to buy more expensive products that contribute less carbon emissions, it may feel. Read more... | Power generation by domestic coal-based plants that blended imported dry fuel has more than doubled to 143 million units (MU) per day in May compared to 66 MU in the same month a year ago, according to official data. Several measures taken by the Ministry of Power in recent past have ensured increased power generation in domestic coal-based (DCB) plants as well as Read more... | State gas utility GAIL (India) Ltd has laid a dedicated pipeline to supply natural gas to HPCL Mittal Energy Ltd's (HMEL) Bathinda refinery in Punjab as it looks to take the environment-friendly fuel to all corners of the country.This is a step towards making natural gas available to large customers, the company said in a statement.The gas receiving station for the pipeline was inaugurated by Prabh Das, Managing Director and CEO, Read more... | |||
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| No penalty on imported coal-based power plants for default: Government | IREDA sanctions Rs 14,000 cr for RE projects in Maharashtra | Low-cost, battery-like device absorbs CO2 emissions while it charges | |||
The government clarified on Saturday that imported coal-based power plants, which were directed to operate under an emergency legislation earlier this month, would not be penalised for default in case states do not offtake electricity and the average prices on power exchanges are inadequate. This means imported coal-fired power plants now have the option to avoid selling on power exchanges if states that buy power from them refuse to offtake the electricity. Read more... | Renewable energy projects finance company and government owned – Indian Renewable Energy Development Agency Limited (IREDA) – has announced that it has sanctioned loans of Rs 14,445 crore and has already disbursed more than Rs 10,000 crore in Maharashtra for renewable energy projects. IREDA and Mahratta Chamber of Commerce Industries and Agriculture (MCCAI) conducted a workshop on ‘Greening India Through Renewables’ in Pune, Maharashtra where Pradip Read more... | Researchers have developed a low-cost device that can selectively capture carbon dioxide gas while it charges. Then, when it discharges, the CO2 can be released in a controlled way and collected to be reused or disposed of responsibly.The supercapacitor device, which is similar to a rechargeable battery, is the size of a two-pence coin, and is made in part from sustainable materials including coconut shells and seawater.Designed by researchers from the University of Cambridge, the Read more... | |||
| Patna: City set to get green energy soon | A step towards cheaper solar power | ||||
The Bihar State Power Holding Company Limited (BSPHCL) on Friday entered into an agreement with the Solar Energy Corporation of India (SECI) for 210 megawatt (MW) renewable energy with assured peak to ensure 24x7 green power supply to identified areas. Initially Rajgir, Bodh Gaya and parts of Patna are targeted to get green energy. The agreement was signed on Friday in the presence of BSPHCL chief managing director Sanjeev Hans, North Bihar Power Distribution Company Limited managing director (MD) Prabhakar, South Bihar Power. Read more... | Organic solar panels have the potential to rapidly improve our solar capacity. These can be printed like newspaper—and so can be flexible, lightweight, much cheaper to make, and more versatile than current silicon solar technology. However for over three decades, organic solar panel research has been held back by the fact that when the organic solar panels absorb light, the excited negative electrons and positive charges remain "stuck" together.In order to generate solar power, these positive and negative charges must be split, or freed from each other. To do this ,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."