The mission will facilitate demand creation, production, utilisation and export of green hydrogen and mobilisation of over Rs 8 lakh crore of investments by 2030 Green hydrogen will be crucial for India’s economic development, energy security and achieving decarbonisation of harder to abate sectors, according to the Economic Survey 2022-23. The survey tabled in the […]
Britain opens nuclear fund as it aims to cut dependency on Russian supplies – EQ Mag
Britain officially opened its multimillion-dollar nuclear fuel fund to bidders on Monday, as it seeks to bolster domestic uranium and related supplies while reducing its dependency on Russia amid its war in Ukraine. The $90 million fund was first announced in July and came after leaders of the Group of Seven nations a month earlier […]
Energy security and climate finance at the heart of India’s G20 presidency – EQ Mag Pro
India should use the G20 platform to enhance climate ambitions and ensure countries can access technology and finance to meet their goals. India should help countries adopt appropriate governance, strategy and risk management structures to manage climate risks. This can help in the greater flow of capital to climate adaptation and mitigation. India’s G20 Sherpa […]
Energy security and our future
Energy security is a difficult thing to analyse for a country because it is dependent on many factors. To assist in the analysis, researchers have identified four components of energy security: i) Availability; ii) Sustainability; iii) Affordability; and iv) Accessibility. To get an idea of how energy secure a country is, the country’s situation with […]
IEEFA report: Volts from the blue – floating solar to generate 900% more electricity across Asia-Pacific
From below 1MW before 2019, ASEAN nations now have over 51MW installed and 858MW planned Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi note that power demand in the Philippines and Malaysia has dropped by as […]
COVID-19: Global energy investments set for a historic $400 bn plunge, says IEA
This would be the largest drop in global energy investment in history, with spending expected to plunge in every major sector from fossil fuels to renewables, and efficiency New Delhi: Global energy investments are set to nosedive by 20 per cent, or about $400 billion, as compared to last year due to the COVID-19 crisis, […]
How the Philippines can lead in floating solar technology in Asia
If solar panels can withstand the waters of the typhoon-prone country, they should survive anywhere in the region, said an expert. Will regulators allow ongoing pilot projects to be scaled up? An array of solar panels floats on the waters of San Antonio in San Pedro, one of the cities surrounding Laguna de Bay, the […]
Which energy storage technology is going to power Australia’s future?
Recent events in Australia indicate a growing appetite for renewable energy and energy storage in the energy sector. Pumped hydro, thermal energy storage, hydrogen—which form of storage will reign supreme Down Under? New regulations and a growing share of renewables are changing the way the electricity market operates in Australia, opening up a playground for […]
India Calls for Concerted Efforts to Ensure Energy Security in Asia
Dubai: India Wednesday called for concerted efforts across Asia to ensure energy security in the region for sustainable development and poverty eradication by pursuing non-polluting renewable sources such as solar power. Speaking at the 16th Ministerial Meeting of Asia Cooperation Dialogue (ACD) in Doha, Qatar, Minister of State for External Affairs V K Singh urged […]
India ‘Ready’: Climbs To 76th Place On World Economic Forum’s Energy Transition Index; Sweden Tops List
In the second edition of the Energy Transition Index, India improved its rank by two points from last year (2018) to rank at 75, five places higher than China but lower than other developing economies like Brazil and Indonesia. Sweden topped the annual list, followed by Switzerland and Norway. The index, published by World Economic […]