ENVIRONMENT
Prices of solar equipment have begun to decline: Tata Power CEO
Similarly, prices of balance of plant including steel, copper and aluminum had gone up in the last three-four months. In fact, their prices now have come down by nearly 25 percent, said Praveer Sinha
ENVIRONMENT
70 million people may not be able to afford electricity; 100 million may give up cooking with clean fuels, warns IEA
In the transition to cleaner energy, ensuring affordability for poor households will be critical to gaining widespread public acceptance and avoiding a social backlash
WORLD
World Energy Outlook 2022: Coal generation, oil imports to peak in India by 2030 despite growth in renewables
Coal generation is projected to expand in absolute terms in the stated policies scenario, peaking around 2030, though its share of electricity generation will fall from below 75 percent to 55 percent over this period.
ENVIRONMENT
Renewable energy faces short-term challenge from global response to energy crisis amid Russia-Ukraine war: International Solar Alliance chief
"I don’t think the freight choke point is going to disappear in the near future. So, I expect the uptick (in solar manufacturing costs) to continue till about 2024-2025.
ENVIRONMENT
Jackson Green joins hands with Rajasthan govt to set up 0.36 million ton green hydrogen plant
The full vision document of the National Hydrogen Mission policy on green hydrogen and green ammonia is likely to be unveiled in the next two months
MCMINIS
COP27: India to push for climate financing
INDIA
For faster coal transportation, ministry take up 68 First Mile Connectivity projects
The ministry has undertaken 51 FMC projects of 522 million tonne per annum (MTPA) capacity at a cost Rs 18,000 crores.
ENVIRONMENT
PFC, REC sign pact to finance 1,320 MW coal-fired power plant in Bihar
The power plant, though not a new announcement, signifies India’s continued reliance on coal for power generation despite the government simultaneously having big ticket renewable energy plans. Another 1,320 MW coal-fired plant will come up in UP's Khurja. Meanwhile, the estimated cost of the Buxar Thermal Power Plant has increased by nearly 17% in over three years
WORLD
Draft 'One Sun One World One Grid' ready, to be approved by steering committee soon: RK Singh
The OSOWOG aims to aid in developing a worldwide grid through which clean energy can be transmitted anywhere, anytime. It also aims to help in reducing storage needs and enhancing the viability of solar projects
ENVIRONMENT
Govt plans to give 'deemed distribution license' to push solar manufacturing: Power minister
Power Minister RK Singh also talked about phasing out low-efficiency solar PV manufacturing, a PLI scheme for grid-scale energy storage systems and a policy to allow setting up of independent storage spaces which can be used by states to bank their excess renewable energy for later use.
POWER
Aggregate losses of discoms climb 66% as several state govts delay releasing subsidy funds
The report also stated that Delhi, Karnataka and Bihar were the top states/union territories which did not release the entire tariff subsidy billed to their respective discoms in 2020-21.
ENDOWMENT
India’s average AT&C losses in electricity sector climbs to 22.32%
The report on “performance of power utilities 2020-21” released by union power minister RK Singh found that both billing efficiency and collection efficiency decreased in the last financial year, resulting in a further increase in the national average AT&C loss.
ENVIRONMENT
Govt scales up tests on blending hydrogen with natural gas for power generation
This is the second MoU signed by NTPC in less than a week for testing such a process and technology, which is aimed at decarbonising power generation in India.
ENVIRONMENT
40 million tonne of coal stock will available with thermal power plants by March: Coal minister
The minister’s announcement is significant because TPPs in India have managed to have a combined reserve coal stock of only about 24-25 million tons, which is enough to generate power for about 10 days.
BUSINESS
Interview | Hero Future Energies will expand offerings, geographies after KKR funding: CEO
Company is waiting for the government's green hydrogen policy and in the meantime is in active discussions with customers in India and the UK for pilot projects in green hydrogen, says Srivatsan Iyer.
ENVIRONMENT
National Hydrogen Mission policy’s second part likely to be announced by December: MNRE officials
The Ministry of Power on February 17 notified the first part of the National Hydrogen Mission policy on green hydrogen and green ammonia.
