Page 16 - Energy

Sri Lanka to hold talks with Indian Oil to tide over energy crisis

Power Minister Gamini Lokuge said that the talks with the Indian Oil Corporation's local entity would be held for a solution to the fuel crisis

Energy monitor blames Russia for worsening Europe gas crisis

Russian President Vladimir Putin has underscored that Gazprom has met its obligations under long-term contracts and blamed high spot gas prices on European decisions

APTEL reinstates 50 MW wind project being developed by Inox Wind arm

APTEL has directed to extend the scheduled commercial operation date (SCOD) of the project by the requested period and also set aside the invocation/ encashment of its bank guarantee

A leap forward for fusion power

Scientists have been trying to tweak these designs since the 1960s to find ways to put less energy into triggering fusion, or to extract more energy

India hits target of 40% power generation capacity from non-fossil sources

The country's installed renewable energy (RE) capacity stands at 150.05 GW, while its nuclear energy-based installed electricity capacity is 6.78 GW

Inflation across eurozone hits record high of 4.9% as energy costs spike

This is the highest since records began in 1997

COP26 and energy transition: An outlook on India's stance

The COP26 Energy Transition Council (ETC) reiterated the fact that an immediate and just transition to clean energy holds great significance in order to meet the Paris Agreement goals

The energy headwind

The surge in energy prices is a concern for growth; even if temporary, a reminder of India's strategic dependence on imported energy

Petrol, diesel price continues to remain unchanged after duty cuts

After big cuts in petrol and diesel prices following the Centre and states reducing taxes, fuel prices have remained unchanged

High oil prices will undermine global recovery, warns India

Petrol and diesel prices have shot up to record highs across the country after relentless price increases since early May.

China's power crisis will go global if renewables don't replace coal

With about two-thirds of the grid powered by coal, the cost of digging up the black stuff has determined how much industrial users pay for their power.

International Energy Agency invites India to become full-time member: Puri

India is the world's third-largest energy consumer

China's energy crisis is hitting everything from iPhones to milk

The extreme electricity shortage caused by soaring prices of coal in world's largest exporter is set to hurt China's own growth, and knock-on impact to supply chains could crimp a global economy

Taking stock: As global energy intensifies, some companies are winning

While rising power prices hurt all users, it is particularly acute for energy-intensive materials and metal companies.

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

Goldman Sachs estimated that as much as 44% of China's industrial activity has been hit by the power shortages.

India's energy demand grows at slower pace in September

Electricity consumption rose 0.8% in September, compared with 17.1% growth in August

MNRE launches interest subvention scheme for energy biomethanation projects

MNRE on Tuesday said it has launched a loan interest subvention scheme in association with UNIDI and GEF to provide financial assistance for innovative waste to energy biomethanation projects

Int'l Energy Agency says refining throughput set to rise in July, August

The Paris-based agency, however, expected the trend will lose momentum in winter due to seasonal maintenance of refineries.

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

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

Sales volume jumps 48% to 7,093 MU in June at Indian Energy Exchange

The electricity market achieved a volume of 21,340 million units (MU) during the first quarter (April-June), registering 44 per cent growth year-on-year.