Energy News 17th August 2022
WEC India Energy News
| |||||
| |||||
WEC India Energy Handbook Mobile Application
| |||||
 |  |  | |||
|---|---|---|---|---|---|
| Oil majors' climate visions 'inconsistent' with Paris targets | NTPC to spend ₹16,500 cr on renovation, modernisation | More US sour crude heads to Germany to replace Russia oil | |||
Global decarbonisation scenarios envisioned by oil and gas majors are incompatible with the Paris climate deal temperature goals aimed at averting devastating heating, according to research published Tuesday. The landmark 2015 accord saw nations commit to limit planetary heating to "well below" two degrees Celsius (3.6 Farenheit) above pre-industrial levels and to work towards a safer 1.5-C warming cap. Writing in the journal Nature Communications, an international team of experts Read more... | State-run NTPC has approved investments of Rs 16,547.71 crore in FY22 for Renovation and Modernisation (R&M) initiatives at its 20 coal and gas fired stations, including for flexible operations necessitated due to large scale integration of renewables. As of March 31, 2022, the power generation behemoth had spent ₹9,050.03 crore on various R&M initiatives, the company said in its annual report for FY22.Read more... | HOUSTON/LONDON: A second shipment of crude from a US Gulf of Mexico offshore field has sailed for Germany, according to vessel tracking data and trade sources on Tuesday, as European refiners test potential replacements for Russian oil. Europe is aiming to cut 90 per cent of its Russian oil imports by the end of this year. Refiners are expected to look to Norway, the Middle East, the United States and West Africa for alternative supplies, Read more... | |||
| 'Space Bubbles' could be a solution to tackle climate change, research shows | U.S. says about 20 models will get EV credits through end of 2022 | Indian Oil aims to restart Paradip refinery from mid-Sept: Report | |||
The threat of climate change is quite real. The proximate cause of an enormous rise in global average temperatures at a pace that has never been recorded in Earth's geologic history is human-caused emissions of greenhouse gases like carbon dioxide and methane. Any endeavour to reduce greenhouse gas emissions may just be too belated because the problem is so severe. As a result, a group from the Massachusetts Institute of Technology(MIT) .Read more... | WASHINGTON, Aug 16 (Reuters) - The Biden administration said on Tuesday about 20 models will still qualify for electric vehicle tax credits of up to $7,500 through the end of 2022 under legislation signed by President Joe Biden. The law signed Tuesday immediately ends credits for about 70% of the 72 models that were previously eligible, said the Alliance for Automotive Innovation, an industry trade group. Read more... | Indian Oil Corp will restart crude processing at its 300,000 barrel per day Paradip refinery in eastern Odisha state from mid-September after a 45-day maintenance turnaround, two industry sources said on Tuesday. The refinery has one crude unit. While the crude unit was shut from Aug. 1, the naphtha hydrotreater, continuous catalytic reformer, diesel hydrotreater, coker and alkylation units Read more... | |||
 |  |  | |||
| India buys discounted Venezuelan petcoke to replace coal | NTPC commissions balance 21 MW of Kawas Solar PV Project | Hydrogen fuel cell advance exceeds DOE-set targets for fuel cell performance and durability | |||
CHENNAI/HOUSTON: Companies in India are importing significant volumes of petroleum coke from Venezuela for the first time, trade sources and shipping data show, as the Opec nation boosts exports not specifically targeted by US sanctions. India's growing appetite for Venezuela's petcoke – a byproduct from oil upgrading and an alternative to coal - is being driven by a scramble for inexpensive fuel to power industries as global Read more... | NTPC on Tuesday said its 56 MW Kawas solar project in Gujarat is fully operational now following commissioning of its last part of 21 MW. The 21 MW capacity started commercial operation on Monday, the company said in a BSE filing. The 21 MW capacity started commercial operation on Monday, the company said in a BSE filing. With this, NTPC’s standalone installed and commercial capacity has Read more... | As important as the internal combustion engine has been for societal progress, it is also a major contributor to pollution that damages human health and carbon emissions that help drive the climate crisis. Close to 30% of U.S. carbon emissions come from transportation, and 95% of transportation uses fossil fuels. One element of a potential remedy would be to power vehicles with hydrogen fuel cells, which emit only water vapor. Read more... | |||
| Work on India's biggest hydro-power plant progressing fast: Arunachal CM | India’s first saline water lantern launched, Minister lauds NIOT for initiative | ||||
Itanagar: Arunachal Pradesh Chief Minister Pema Khandu on Monday said that with the active intervention of the Central government, the work on the 2,000 MW Subansiri Lower, the biggest hydro-project in India, is progressing rapidly. The Chief Minister said that work on 2,880 MW Dibang projects would also commence very soon."People of Dibang Valley district and Lower Dibang Valley district helped a lot for resolvingRead more... | Chennai, Aug 13 (PTI) Union Minister Jitendra Singh has launched India’s first saline water lantern, which uses sea water to power the LED lamps. The Minister of State for Science and Technology launched the “first-of-its kind lantern named Roshini” during a visit to SAGAR ANVESHIKA, a coastal research vessel operated and used by the National Institute of Ocean Technology (NIOT), Chennai, a PIB release on Saturday said. 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."