INDIA
COP28: Carbon capture at ultra-supercritical coal power plants can meet India’s developmental, green goals
India still relies on coal for 70 percent of its energy needs while renewables are facing multiple challenges. India has an opportunity to take the lead in a transition to cleaner ultra-supercritical coal power plants and deploying carbon capture utilisation and storage tech, which can potentially trap 90 percent of carbon emissions
BUSINESS
Hamas-Israel war's global energy impact will depend on whether the conflict theatre widens
Even if there’s a ground invasion by Israel into Gaza and an extended conflict, the impact on energy prices and the resultant OPEC response would depend on the scale and reach that the conflict takes. If it remains localised without affecting major oil producers or transit routes, prices may see limited immediate change, prompting OPEC to maintain current production levels
