Excess energy generation is increasingly becoming a problem. Households should be encouraged to run appliances and charge batteries when demand from the grid is low and switch off when net demand surges. This ought to be relatively straightforward in a world of smart meters and phone apps. But regulation and retail pricing are lagging even as consumers are building a new energy world
As power projects have become more and more intricate along with their ever-increasing cost overruns, both IPPs and contractors have become increasingly cautious about committing to lumpsum turnkey EPC contracts. IPPs are now exploring alternative strategies to retain contractor involvement while ensuring the economic viability of their most substantial projects
Working with South Korean experts for technology transfer and feasibility studies allows Sikkim to create workable prototypes for Indian hill cities and for sustainable development
A number of states are following the central government in offering incentives on the production of green hydrogen and green ammonia. Moneycontrol looks at some of these state government incentives, which will be available along with what the centre offers.
Food production contributes about a third of global greenhouse gas emissions. Consumer choices, tech and policy will decide whether that remains the case
Cryptocurrencies transcend borders, necessitating international cooperation to address the complexities and risks tied to this digital asset class. A unified global approach can ensure fairness, minimise regulatory loopholes, and uphold financial stability
An influx of eight more Namibian cheetahs into Kuno National Park is expected this month, as part of the multi-year project to relocate the cheetah in India after 70 years.
On September 17 — nearly four years later to the day — climate activists will fill the streets of New York with the March to End Fossil Fuels. The march, part of three days of worldwide protests ahead of another UN climate summit, hopes to recapture some of the momentum that dissipated in 2020 when the Covid-19 pandemic halted most of these kinds of mass actions.
The government is soon going to come out with a pilot bid for 100 MW of green hydrogen as energy storage.
One of the foremost challenges in climate financing lies in ensuring the availability of adequate funds. A shallow local bond market restricts the availability of capital at reasonable cost
This was largely driven by greater awareness about climate change and the need to address it, as well as falling cost of generating renewable energy.
States and distribution companies have been asked to buy power aggregated from coal and gas-based plants that are older than 25 years.
India hopes to work closely with Brazil and the US in biofuel development and technology sharing for mutual benefit.
New Delhi declaration is rich in intent but lacks a targeted action plan to tackle the global environmental challenge
Vishal Kapoor said Energy Efficiency Services Limited is looking to expand its client base to MSMEs, offering them 35 energy-efficient technologies.
The MoU shall remain in effect for five years, and it shall be automatically be renewed for a similar period, read the document seen by Moneycontrol.
India’s goal is to be net zero by 2070, which means that our electricity sector has to get there sometime in the 2050s. However, coal will continue to be essential, because at night when the sun is not shining, that’s what we rely on. But it will need to be abated with carbon capture and storage.
It’s particularly bad news that the price of solar, and especially offshore wind projects, is now going up rather than down. Higher interest rates, as the US and other countries are now experiencing, and rising cost of raw materials are raising the upfront costs of capital projects
As the world’s production of packaging waste rises to developed-country levels of about 200 kilograms per person, governments are going to have to play a bigger role in helping people make sense of this mess
Grid storage has not taken off because of economics and storage chemistries but incentives may help create the capacities needed
The Green Climate Fund (GFC) - the world’s largest such fund - was set up under United Nations' climate change negotiations to help channel money needed by poor states to meet their targets to reduce carbon emissions, develop cleaner energy sources and adjust to a warming world.
The New Delhi Leaders' Declaration cited the need of $5.8-5.9 trillion in the pre-2030 period for developing countries to implement their NDCs apart from the $4 trillion per year required for clean energy technologies to reach net-zero by 2050
From mainstreaming LiFE to scaling up climate finance, several issues found a mention in the declaration.
G20 countries have been divided over commitments on phasing down fossil-fuel use, especially coal; tripling renewable energy capacity by 2030; doubling the global rate of emission technologies; and finance for a just and green energy transition in the developing nations.
Ahead of the G20 Summit in New Delhi, a new report shows how human-driven climate change influenced 202 countries and territories from June to August 2023.
