Energy News 10th May 2022
WEC India Energy News
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WEC India Energy Handbook Mobile Application
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| Climate change: Global temperature could be warmest on record in one of the next five years, Met Office warns | EV fire incidents: Niti Aayog member says imported cells 'may not be' suitable for Indian conditions | Indian buyers grab discounted Russian LNG shunned by rest of world | |||
The Global Annual to Decadal Climate Update, which was produced with the World Meteorological Organisation, also showed a 93% chance that the five-year average global temperature for 2022-2026 will be higher than the average for the last five years (2017-2021). Dr Leon Hermanson, from the Met Office who led today's report, said: "Our latest climate predictions show that continued global Read more... | New Delhi: Amid multiple incidents of electric vehicles catching fire, Niti Aayog Member and eminent scientist V K Saraswat has said that battery cells imported for electric vehicles "may not be" suitable for the country's conditions and emphasised the need for locally manufacturing the cells. His comments also come against the backdrop of authorities probing such incidents and Union minister Nitin Gadkari, recently, asserting that Read more... | India’s liquefied natural gas importers are purchasing extra volumes from Russia at a discount as most other spot buyers shun the fuel. Companies including Gujarat State Petroleum Corp. and GAIL India Ltd. recently bought several LNG spot shipments from Russia at prices below prevailing market rates, according to traders with knowledge ofthe matter. They may purchase more as long as the Russian fuel remains cheaper than rival suppliers, the people said, who requested anonymity to discuss private Read more... | |||
| NATO continues to adapt to rapid environmental changes | Pondy govt inks deal with NLC for procurement of 100 MW power | Aided by new energy biz, Reliance may add $50 bn m-cap in 2022: Morgan Stanley | |||
Rapid environmental changes resulting from climate change have a direct impact on our shared security and call for innovative technological solutions. NATO has started a new project using Big Earth Datacube Analytics for transnational security and environmental protection. Today (5 May 2022) marked its kick-off, at an event hosted at NATO Headquarters in Brussels by the NATO Science for Peace and Security (SPS) Programme, featuring the participation Read more... | The Puducherry government signed a power procurement agreement with public sector Neyveli Lignite Corporation for purchase of 100 MW electricity from the Talabira thermal power project of NLC in Odisha to the Union Territory on Monday. A release said the agreement was inked between the Secretary to Electricity of Puducherry government T Arun and the Director (Power) of NLC Read more... | Global investment banking firm Morgan Stanley has said that Reliance Industries is on a path toward a $20 billion+ EBITDA run rate inflection, which could be supported by five major factors. Besides the firm's new energy business could add $50 billion in market cap in 2022.First and foremost, refinery margins could nearly double and be sustained at high levels for the next half decade, with global fuel markets seeing sustained Read more... | |||
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| NTPC invites bids to import 4.53 million tonnes of coal | SECI to set up solar energy panels in CAPF, NSG campus | Powering the moon: Researchers design microgrid for future lunar base | |||
State-owned power giant NTPC has invited bids to procure imported 4.53 million tonnes (MT) coal mainly for blending with the domestic dry fuel in thermal plants. The NTPC tender for the import of coal assumes significance in view of the ongoing dry fuel shortage at power plants.Earlier this month, the power ministry had directed all the states and gencos (electricity-generating firms) to import at least Read more... | Solar Energy Corporation of India (SECI), on Monday, signed an MoU with the Ministry of Home Affairs to harness the potential of solar energy on the available rooftop areas in the campuses of Central Armed Police Forces (CAPF) and National Security Guard (NSG). “SECI is happy to serve the Government of India for fulfilling India’s climate commitments and look forward to expanding rooftop solar sector to the remotest corners of the country,” said .Read more... | Sandia National Laboratories is an organization well known for designing reliable and resilient microgrids for military bases and vital city services. Now, Sandia researchers are working with NASA to design one for the moon. This is not the first time Sandia has partnered with NASA to power equipment on the moon. In fact, Sandia provided the technical direction for the radioisotope thermoelectric generators that Read more... | |||
| EU plans one-year renewable energy permits for faster green shift | Quantum innovation advances low-cost alternative solar technology | ||||
BRUSSELS, May 9 (Reuters) - The European Union executive wants to speed up the bloc's green transition and cut its reliance on Russian fuels by allowing some renewable energy projects to receive permits within a year, a draft document shows. Brussels will next week unveil a package of measures to end the European Union's reliance on Russia, by boosting renewable energy, saving energy and increasing gas imports from elsewhere. Read more... | news1A team of researchers from the University of Toronto's Faculty of Applied Science & Engineering has leveraged quantum mechanics to optimize the active layer within a device known as an inverted perovskite solar cell—a technology that could one day result in mass-market solar cells that cost a fraction of those currently on the market. At present, virtually all commercial solar cells are made from high-purity silicon, which takes significant energy to produce 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."