Page 4 - Energy Demand

European Commissioner for Energy to visit India from September 7-8

In her first visit to India, European Commissioner for Energy Kadri Simson will be in the country from September 7-8 to explore means to boost two-way energy cooperation. The European Union said Simson's visit to Delhi signals the grouping's strong engagement with India in the area of energy. The 27-nation EU and India have robust cooperation in the fight against climate change and biodiversity loss. Simson said as the world faces an energy crisis and climate change challenge, India, with its vast renewable resources, has a strategic role to play in the clean energy transition. The EU and India established a 'Clean Energy and Climate Partnership' in 2016 and have been working closely together on clean energy transition, speeding up the deployment of renewable energy, promoting energy efficiency, collaborating on smart grid and storage technology and modernising the electricity market. Commissioner Simson will hold bilateral meetings with relevant Indian ministers, officials of the

Macron urges French to save energy, seeks 10% drop in use amid crisis

French President Emmanuel Macron is calling for a sharp 10% reduction in the country's energy use in coming weeks and months to avoid the risk of rationing and cuts this winter, amid tensions with supplier Russia over the war in Ukraine. Macron warned Monday that forced energy savings might have to be considered in coming months if voluntary efforts aren't sufficient. He said energy rationing plans are being prepared in case' and that cuts will happen as a last resort. The best energy is that which we don't consume, the French leader said at a news conference, where he urged French businesses and households to save energy, including by turning down heating and air conditioning.

Rolling power cuts 'possible' for companies this winter: French PM

However, she noted that a mechanism of right to consume would allow companies to exchange their cuts

TotalEnergies wins stake in $29-bn Qatar gas project amid energy crunch

Qatar is expanding production of liquefied natural gas amid a worldwide energy crunch

Bihar Power minister assures to sort out 1000 MW energy shortage soon

Bihar's Power Minister, Bijendra Prasad Yadav said, "there is some problem all over the country and in Bihar. We are taking steps to overcome them."

Renewable energy comes to rescue amid rising power demand: Official

The maximum pan-India power demand met or the highest supply of electricity in a day crossed the record level of 201-GW mark on Tuesday

Peak power supply across India crosses record 201GW mark

It has surpassed last year's (record of) maximum demand met of 200.539 GW which occurred on 7th July 2021, it informed

Oil dips over 6% on growing worries about global energy demand outlook

Brent futures fell $6.63, or 6.22 per cent, to $100 a barrel by 9.55 pm IST. US West Texas Intermediate (WTI) crude fell $6.15, or 6.03 per cent, to $95.92

Rising oil and gas prices can lead to greater gains in ONGC stock

Demand and pricing environment remains positive; any reversal in energy prices could hurt sentiment

Oil and gas will keep meeting India's 'baseload' energy demand: Oil min

India has set a goal to achieve net zero carbon emissions by 2070

Global natural gas shortage worsens as India, Indonesia join the hunt

Indian Oil Corp. and Gujarat State Petroleum Corp. have recently bought spot cargoes of liquefied natural gas after being absent from the market for months, according to traders

No power outage in Delhi, energy demand drops to 4,160MW on Thu: Ministry

There was no power outage in Delhi on Thursday and peak energy demand further declined to 4,160 MW from 4,382 MW on Wednesday, the Union Power Ministry said on Friday

US oil prices rise to highest since 2014 amid global energy crunch

US oil prices rose for a fifth day on Wednesday to their highest since 2014 amid global concerns about energy supply on signs of tightness in crude, natural gas and coal markets.

Asia scrambles to stock up fuel as prices spike in global energy crunch

An electricity crisis is roiling energy markets from Europe to Asia, with fuels that can be used for heating or power in high demand.

RBI MPC meets as energy crisis raises concerns about economic recovery

A lack of coal means factories could shut, while forcing India to import more fossil fuels.

Global energy crisis is the first of many in the clean-power era

The shortages jolting natural gas and electricity markets from the U.K. to China are unfolding just as demand roars back from the pandemic

Explained: Global energy shortage or a coincidence of regional crises?

Gasoline stations running dry in Britain. Power costs surging in the European Union ahead of winter. Forced restrictions on energy use in China. And rising prices for oil, natural gas and coal

Govt intends to diversify agriculture to support energy security: Gadkari

Agriculture is India's real strength, said Union Minister for Road Transport and Highways Nitin Gadkari on Wednesday, adding the government intends to diversify it into the energy and power sector

Power demand recovers 11% to 124.8 billion units in July: Ind-Ra

All India energy demand recovered by 11 per cent to 124.8 billion units in July 2021, on account of stabilising economic activities and decline in Covid-19 cases, according to India Ratings

Global energy demand fell beyond predictions in 2020: bp Statistical Review

Drop was most since World War-II; renewable energy deployment zoomed in 2020