Energy News 27 May 2022
WEC India Energy News
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WEC India Energy Handbook Mobile Application
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| New data reveals climate change might be more rapid than predicted | Power Minister for robust resettlement, rehabilitation plan to boost hydro project | OPEC+ set to stick to modest output hike for July, sources say | |||
About 30 massive, intricate computer networks serve the scientists who stand at the forefront of climate change research. Each network runs a software program comprised of millions of lines of code. These programs are computational models that combine the myriads of physical, chemical and biological phenomena that together form the climate of our planet. The models calculate the state of Earth's atmosphere, oceans, land and ice, capturing past and present climate variability and using the data to Read more... | New Delhi: Union Power Minister R K Singh on Thursday stressed on the need for a robust resettlement and rehabilitation plan to boost the development of hydro power projects. Singh expressed his views during a meeting of the Parliamentary Consultative Committee attached to the Ministry of Power, the ministry said in a statement. While outlining the challenges of implementing the hydel projects, the minister emphasised the need to take all stakeholders Read more... | LONDON/DUBAI, May 26 (Reuters) - OPEC+ is set to stick to an oil production deal agreed last year at its meeting on June 2 and raise July output targets by 432,000 barrels per day, six OPEC+ sources told Reuters, rebuffing Western calls for a faster increase to lower surging prices.Western nations, grappling with record inflation rates that are threatening economic growth, have repeatedly asked the group to accelerate its output hikes.Members from the group maintain that the oil market is balanced and that the recent price Read more... | |||
| South Asian countries must join hands on climate change | Hydrogen-powered electric bus to begin trial in Aussie state | ONGC to invest Rs 31,000 cr over next 3 years in finding oil, gas | |||
NEW DELHI – Climate change is no more a distant possibility but a reality. The earth has undergone significant climatic alterations due to numerous human activities, resulting in global warming, extreme weather events, sea-level rise, forest fires, glacial retreats in the arctic, wildlife extinction, ocean surface warming, etc. The increased intensity and frequency of these occurrences are a threat to the survival of this planet Read more... | Sydney, May 25 (IANS) The Australian state of New South Wales (NSW) announced on Wednesday that its first trial of a hydrogen-powered electric bus will begin later this year in a transition to zero-emission technology. The government is partnering with local and national industry suppliers to test the future fuel source. Bus operators also join the trial to help understand how the Read more... | India's top oil and gas producer ONGC on Thursday said it will invest Rs 31,000 crore over the next three years in exploring the Indian sedimentary basin for fuel reserves which could augment the nation's production in its attempt to be self-reliant in the energy sector. In a statement, ONGC said its board held a meeting on Thursday to firm up its 'Future Exploration Strategy'."Read more... | |||
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| India asks power producers to seek weekly payments to manage coal imports | Zinc air batteries are viable and cost-effective solution to store renewable energy , says International Zinc Association chief | Indonesia could pair its vast solar and hydro storage to decarbonize the country | |||
NEW DELHI (Reuters) - India has asked power producers to bill electricity buyers every week to ensure adequate cash flow as costs surge due to higher imports of expensive coal, according to a federal power ministry letter seen by Reuters. A scorching heatwave and the lowest fuel inventories at power plants in years have forced India to reverse a policy to slash coal imports. The move could put further pressure on power distribution companies that are saddled with debt and already owe billions Read more... | Washington: Zinc air batteries have the potential to provide a cost-effective and sustainable solution to storage of renewable energy, newly appointed Indian head of International Zinc Association has said. Arun Misra, the first Indian to be elected as chairman of International Zinc Association, believes viable Zinc-air batteries have helped reduce dependence on lithium batteries, as only a few countries have control over this metal. Observing that almost all companies across the globe are looking to renewable Read more... | news1As one of the world's largest greenhouse gas emitters, Indonesia has pledged to achieve carbon neutrality by 2060. However, rising living standards, population growth and massive electrification will increase Indonesia's electricity demand 30-fold, to 9,000 Terawatt-hours (TWh) per year. This rapid increase in electricity consumption raises concerns about energy security and affordability, and environmental sustainability.Our previous study shows the country could meet its energy needs by relying on its abundant lRead more... | |||
| SJVN Inks Pact With Tata Power Solar Systems For 1,000 MW Solar Project In Bikaner | Climate change: Efficiency labels really do encourage less energy use, but there's a better way of using them | ||||
State-owned SJVN Ltd on Thursday inked a pact with Tata Power Solar Systems to build a 1,000 MW solar project worth Rs 5,500 crore in Bikaner, Rajasthan. "SJVN today entered into an EPC agreement for 1,000 MW solar project in Bikaner, Rajasthan with M/s Tata Power Solar Systems Ltd," a company statement said. The contract agreement was signed in the Read more... | Reducing our energy use has rarely been so pressing. And one way we can do this is choosing the most energy efficient option when it's time to buy new appliances or move house. In most European countries, this standard energy efficiency label provides information on how much energy a home or an appliance consumes by grading it out of seven possible standards. Even better, it does so in an intuitive way: if there's one 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."