In the aftermath of the coronavirus recession, energy production has failed to keep up with rapid growth in consumption as energy producers struggle to raise output while demand has bounced back quickly. LONDON : Record gas and electricity prices in Europe, record coal prices in China, multiyear-high gas prices in the United States and oil […]
Government constitutes task force, expert committee on coal-based hydrogen production – EQ Mag Pro
Its broad terms of reference include monitoring of activities towards achieving coal-based hydrogen production and usage and coordination with Coal Gasification Mission and NITI Aayog. New Delhi: The Centre on Tuesday said it has constituted a task force and expert committee to prepare a road map for coal-based hydrogen production. This is aimed at contributing […]
INNOVATION: BHEL demonstrates tech to create methanol from coal – EQ Mag Pro
This in-house capability will assist India’s coal gasification mission and coal-to-hydrogen production for Hydrogen Mission, NITI Aayog member V K Saraswat said. New Delhi: State-run engineering firm BHEL has successfully demonstrated a facility to create methanol from high ash Indian coal, an official statement said on Thursday. Methanol is utilised as a motor fuel, to […]
Solar Needs to Dethrone Coal to Meet Indonesia Goals, Study Says – EQ Mag Pro
Solar power holds the key to meeting renewable energy targets for Indonesia, but the fast-growing Southeast Asian economy needs significant reforms to steer it away from an over-reliance on coal, according to a report. The sprawling archipelago is targeting for renewables to make up 23% of its energy needs by 2025, a task that could […]
India’s August Power Output Rises 16.1 Per Cent, Coal-Fired Power By 23.7 Per Cent – EQ Mag Pro
Power generation compared with July rose 2.9 per cent while coal-fired electricity generation rose 4.4 per cent month-on-month CHENNAI : India’s electricity generation rose by 16.1 per cent in August compared with a year earlier, a Reuters analysis of government data showed, lifted by a 23.7 per cent jump in coal-fired power generation that has […]
Coal Crunch: IEX Offering Strong Earnings Play For Near-Term; Valuations Bit High, Says Axis Capital – EQ Mag Pro
IEX does offer an opportunity to play strong earnings outlook in the near term. The earnings growth outlook is pretty robust, although valuations have started looking a bit high, said Sumit Kishore, ED-capital goods, power and infrastructure, Axis Capital, adding that the risk of market share loss for a monopoly appears more prominent because before […]
Solar Briefly Overtakes Coal For the First Time in Australia – EQ Mag Pro
For a few minutes on Sunday, solar energy supplied more than half of Australia’s power generation, marking the first time that solar has outstripped coal in a country long dependent on fossil fuels to produce electricity, The Guardian reported. Renewables fare better during shoulder seasons, when there is little demand for heating and cooling, and […]
India’s Coal Ambition Negating Its Climate Action, Feel Experts
Although India’s total installed renewable energy generation capacity crossed the 100 GW-mark in an incredible achievement, experts feel that the expansion and addition of new coal-based power plants is negating its climate actions. New Delhi : Although India’s total installed renewable energy generation capacity crossed the 100 GW-mark in an incredible achievement, experts feel that […]
Touted As Clean, ‘Blue’ Hydrogen May Be Worse Than Gas Or Coal
“Blue” hydrogen – an energy source that involves a process for making hydrogen by using methane in natural gas – is being lauded by many as a clean, green energy to help reduce global warming. But Cornell and Stanford University researchers believe it may harm the climate more than burning fossil fuel. The carbon footprint […]
Coal Supply to Power Plants Dipped in Past 3 Years; Declined More in FY21 Due to COVID: Power Min
New Delhi : Coal supply to power plants dipped during the last three years, but declined more in 2020-21 due to the COVID-19 pandemic, Parliament was informed on Thursday. Coal supplies to power plants stood at 643.7 million tonnes in 2018-19, 638.7 million tonnes in 2019-20 and 596.3 million tonnes in 2020-21. It was 171.7 […]