Energy News 07th Feb 2023
WEC India Energy News
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WEC India Energy Handbook Mobile Application
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| Climate change will increase hydropower generation in India | G20 member countries agree on continued use of fossil fuels over 15-20 years: Power Secy | India most attractive place for oil and gas exploration: Vedanta Resources Chairman at India Energy Week | |||
Unlike coal-powered power plants, hydropower, which is the second highest power producing source at 13%, is a significant contributor to clean global electricity generation. Based on observations and climate projections, a two-member team from IIT Gandhinagar studied the hydroclimatic changes in the catchment areas and their implications for hydropower generation in 46 major dams located in north, central and south India. The team looked at the increase in rainfall in the catchment areas and the resultant inflow into all the 46 major Read more... | news1New Delhi: The two-day deliberations of the first G20 Energy Transitions Working Group concluded successfully in Bengaluru today with shared views and consensus on priority areas, the power ministry said in a statement. The member countries responded positively to the need for energy security and diversified supply chains but the participants shared the view the energy transition pathway should be different for each country depending on its energy base and potential, power secretary Read more... | Bengaluru: Vedanta Resources Chairman Anil Agarwal on Monday said India is the mostmattractive place for oil and gas exploration. As part of the mega event, leaders from the energy sector in India and across the world met PM Modi, saying that he appreciated the suggestions put forward by international oil agencies. "Today, amazing meeting with the Prime Minister who addressed the world leaders -- Shell, Total, OPEC chairman. I have never seen presence like this , Read more... | |||
| At G20’s First Meet on Climate in Bengaluru, Blue Economy, Land Degradation Key Focus Areas | MoS power releases India’s largest electric bus tender case study at IEW 2023 | World needs $12 trillion investment in Oil Exploration & Production by 2045: | |||
Land degradation, blue economy and resource efficiency are set to be the key focus areas, as representatives from the G20 nations gather in Bengaluru this Thursday for the first working group meeting on environment. The crucial three-day meeting would witness intense discussions among the policymakers over environmental concerns that impact the world at large. It will be the first of the four meetings to be held under IRead more... | NEW DELHI : Union Minister of state for Power and Heavy Industries, Krishan Pal Gurjar released India’s largest electric bus tender case study, ‘The Grand Challenge for Electric Bus Deployment: Outcomes and Lesson for Future’ on Monday at the India Energy Week 2023. The case study highlights the key learnings from the largest and most comprehensive electric bus programme ever, and was jointly carried out by CESL, WRI India, the World Bank, and others. Read more... | New Delhi: The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Haitham Al Ghais, has said the global Oil Exploration & Production (E&P) sector requires about 12 trillion-dollar investment by 2045. "At OPEC, we strongly believe that this investment is required to ensure energy security for all," he said, speaking at the session "Prices & Supply volatility . Read more... | |||
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| India's coal production target at 1,017 mn tonnes for next fiscal: Joshi | India Energy Week: PM Modi pitches for global investments in energy sector | Attitudes toward green energy could be negatively affected by fracking debate | |||
The country's coal production target has been fixed at 1,017 million tonnes for the next fiscal, Parliament was informed on Monday. In a written reply to the Rajya Sabha, coal minister Pralhad Joshi said the steps were being taken by the Centre to augment the coal output in the country by engaging mine developers and operators. "The target of all India coal production has been fixed at 1,017 million tonnes (MT) for the financial year 2023-24," the minister said. State-owned CIL has Read more... | Prime Minister Narendra Modi has invited investors to participate in the rapid growth being charted out by India’s energy sector, saying that major investment opportunities are being developed in the space. In his address at the inauguration of India Energy Week in Bengaluru, Modi said that numerous areas of India’s energy landscape—from conventional hydrocarbons to renewables and biofuels to promising futuristic fuels like green hydrogen Read more... | Public attitudes towards some new low-carbon technologies could be negatively influenced by the fracking debate, new research from Cardiff University suggests. A team from the University's School of Psychology found that acceptance of deep geothermal energy—technology to harness the heat beneath the Earth's crust—was affected by the backdrop of controversy and opposition towards fracking for oil and gas. Green hydrogen, on the other hand—which is produced by using green energy to power the electrolysis Read more... | |||
| = | K’taka generates nearly 50% of country’s renewable energy: Bommai | Researchers use lead recycled from car batteries to make photodetectors | |||
BENGALURU: Stating that Karnataka has 15,000 MW in-stand renewable energy, Chief Minister Basavaraj Bommai on Monday said the sector will gain importance in the next five years. Speaking at "Indian Energy Week-2023" inaugurated by Prime Minister Narendra Modi here, Bommai said: "Karnataka is in the first place for generating nearly 50 per cent of the country's total renewable energy. Now, the state is focusing on various kinds of storage, such as pump storage, for the collection of Read more... | Researchers developed an environmentally pleasant methodology to show lead from used lead acid batteries into photodetectors working within the UV-visible band. They created lead(II)iodide (PbI2) microcrystals from the lead paste present in batteries utilizing a one-pot answer course of. Credit: Longxing Su, Southern University of Science and Expertise. As lithium-ion batteries proceed to lower in worth, they’re rapidly changing the lead-acid batteries historically utilized in vehicles and different autos. That is making a sudden Read more... | ||||
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| India likely to achieve Net Zero before 2070: IRENA DG Francesco La Camera | |||||
In an exclusive interaction with ETEnergyworld, Franceso La Camera, Director General of International Renewable Energy Agency (IRENA) shares his views on the pace of progress on India's target to achieve Net Zero by 2070, and the global energy transition.The scale and speed of transition is not enough to meet the Paris Agreement goal on climate change, he says. Edited excerpts.. 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."