In Short : Green power is projected to dominate India’s energy mix by 2047 as the nation accelerates renewable capacity additions, grid modernization, and clean technology adoption. With strong policy support, declining costs, and rising sustainability demands, India aims to transition toward a low-carbon energy system driven by solar, wind, hydro, and emerging technologies like […]
India to raise natural gas share in energy mix – EQ Mag Pro
It is also planning to allocate domestic gas to compressed natural gas (transport) /piped natural gas (domestic) in no cut category and allow marketing and pricing freedom to gas produced. NEW DELHI: The government on Monday announced that it has set a target to raise the share of natural gas in the energy mix to […]
Moody’s sees German power price at 40-50 €/MWh, French at 45-44 € to 2023
The forecasts, in a report on Wednesday, were both unchanged from last year’s estimates and compared with current prices of 39.9 euros and 45.5 euros respectively for annual wholesale contracts in both countries FRANKFURT: Moody’s Investor Services estimated German year-ahead power prices would fall within a range of 40 to 50 euros ($46.9 to$58.7) a […]
India: Overview Of The Current Energy Mix, And The Place In The Market Of Different Energy Sources
India is globally ranked third in power generation. accounting for 5.86%, i.e. 1,561,100 GW of the world’s total annual energy generation after China and the US; owing to India’s geographical size, this transforms into massive capacity. The power deficit situation in the country has improved over the past few years; from 2014 to 2019, the […]
India inching towards meeting Paris Agreement targets: RK Singh at G20 ministerial meet
India is implementing one of the largest renewable energy expansion and energy efficiency programmes and is moving towards achieving the target to fulfill the country’s commitments made in Paris Agreement, said Power and New and Renewable Energy Minister RK Singh on Saturday. The minister made these remarks at the G20 Ministerial Meeting on ‘Energy Transitions […]
Energy supply and consumption patterns are changing to tackle climate change: PM Modi
Prime Minister Narendra Modi said on Monday that patterns of energy supply and consumption are changing globally and countries are coming together to tackle climate change. There are signs of convergence between cheaper renewable energy, technologies and digital applications, he said while addressing the inaugural session of 13th international oil and gas conference Petrotech 2019. […]