Energy Digest for this Week

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 ...

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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