Energy Digest for the week

Global

Asia looks to release oil reserves after U.S. request for coordinated move to cool global energy prices

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UAE says world still needs to invest billions in oil and gas projects

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Glasgow impacts 80 per cent of global coal pipeline: Analysis

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Germany's largest power producer RWE to spend $57 billion through 2030 in green power push

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National

Govt allows thermal power firms to meet existing PPA commitments via renewables supply

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PM Modi to launch 600 Mw Ultra Mega Solar Power Park in Jhansi to alleviate issues of water shortage for farmers

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Goa is in the process of preparing a 100% renewable energy plan with assistance from the Ministry of new and renewable energy.

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14 million tons a day show why India and China won’t quit coal

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Indian Energy Outlook

Pic: IEX There is no doubt that India is on a path to become one of the largest economies in the world. Still, India's per capita energy consumption today is one-third the global average. Such low per capita energy consumption is an indication of the potential for economic growth. Surely energy will play a critical role in supporting — or encumbering — India's economic growth. The country's energy needs include electricity for agriculture, rural electrification, greater mobility and the power to develop and run modern infrastructure. Primary energy sources like coal, biomass, petroleum and natural gas are predominantly being used in electricity generation, cooking, transportation and industrial processes. In order to shift towards renewable or green energy alternatives for energy generation processes, India has announced an ambitious target of installing 450 GW of renewable energy plants by 2030. This target is higher than our total fossil fuel based ...

Energy Digest for this Week

National Renewable energy capacity addition rises 80% to 3.4 GW during December quarter Read more at: this link Hydro power developers can now access a new fund for performance assessment Read more at: this link Rajasthan tops solar electrification under Saubhagya: Centre Read more at: this link Reliance Industries seeks $14 for gas from CBM block amid spike in global energy prices Read More at : this link Solar equipment manufacturers to benefit from Budget 2022-23 Read More at : this link India targets 1.2 billion ton coal production by 2023-24 Read More at : this link R eNew Power commissions Gujarat’s first wind-solar hybrid project Read More at : this link GLOBAL How China got blue skies in time for Olympics Read more at: this link European Union's carbon price nears the 100 euro milestone Read More at: this link China says U.S. tariff extension on solar products hurts new energy trade Read More at : this link Japan wants to burn ammonia for clean energy ...

Hydrogen Economy

Hydrogen Economy What is Hydrogen? Hydrogen is a natural chemical element. In nature, it exists as a molecule. That means that it is made up of two hydrogen atoms, which is why its chemical formula is H ₂ . It is perhaps best known as one of the elements that makes up water. The other is oxygen. That is why water’s chemical formula is H 2 O. In fact, it is naturally linked to other elements. That is, it does not exist on its own. Hydrogen is the simplest and most abundant element on earth—it consists of only one proton and one electron. Hydrogen can store and deliver usable energy, but it doesn't typically exist by itself in nature and must be produced from compounds that contain it. Hydrogen gas has remarkable characteristics including colourless, tasteless and invisible that make it hotly pursued. It can also be transformed into a renewable, non-polluting and zero emission energy resource. It’s considered the cornerstone of the new energy econom...

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