Energy Digest for the Week

Global

Oil heads for biggest yearly gains since 2009 on economic recovery

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LNG, coal lead 2021 commodities rally as markets eye COVID-19 for next move
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Germany to pull the plug on three of its last six nuclear plants
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US Energy Dept. approves release of 2 million barrels of crude oil from Strategic Petroleum Reserve to Exxon
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China calls on state firms to cut energy consumption amid carbon peak goals

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Italian gas infrastructure group Snam to build hydrogen-ready fuel cell for Italy’s Torino Airport

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National

Delhi govt to ask e-commerce companies to switch to EVs, and petrol pumps to not give fuel to vehicles without a PUC certificate
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Okaya Electric Vehicle launches high-speed IoT enabled e-scooter Faast, with a range of 150-200 km per charge.
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PM Modi to launch Rs 11,281 crore hydro power projects in Shimla

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NTPC arm NREL to float global tender to set up 3GW RE project with battery energy storage system

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Reliance buys British battery maker Faradion Ltd for GBP 100 million.

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Satluj Jal Vidyut Nigam (SJVN) to invest Rs 60,000 cr for harnessing 5,097-MW hydropower in Arunachal Pradesh

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