India’s renewable energy programme is proceeding at such a rapid pace that its contribution to total power generation will equal that of coal in 2026 and surpass it the following year, according to projections made in the second volume of the Economic Survey released on Friday. At present, India’s installed power capacity is 327 GW […]
Research, Reports & Ratings
Transition to renewable energy poses risks to thermal power
While the country is taking measures to take renewable energy capacity to 175 GW by 2022, the Economic Survey published by the finance ministry on Friday noted that the transition is likely to adversely affect conventional energy-generation assets. With renewable energy addition, a part of such plants would be left idle or running at low […]
Google Pushing Al Gore’s Sequel Contradicts Findings of Google Engineers Who Concluded Renewable is Not Doable says Friends of Science
While Google “diversity” debate rages on the internet, with the employee in question being fired for “promoting stereotypes” as reported by The Telegraph, August 08, 2017, another type of stereotype about energy seems to be promoted by Google. Google posted a “Climate and Technology” interview between Google’s Sustainability Lead, Kate Brandt, and Al Gore, on […]
The Need for Practical Solutions to India’s Coal Energy Paradox
The Indian economy is heavily dependent on coal. Infamous as the world’s fourth largest polluter, close to 60 percent of India’s power supply is derived from coal fuelled power plants. Consequently, in 2016, half of the country’s emissions – 805.4 million tonnes – came from the power sector. However, for the country to meet its […]
Solar photovoltaics deployment
From February 2016 we have changed the layout of the solar deployment publication. These changes will improve the accuracy of the table, improve its alignment with the solar data in our Energy Trends publication and, based on feedback, provide breakdowns that are more useful to readers of the publication. There will still be two tables: […]
World unlikely to achieve Paris climate goal, says study
A new study says that there is just five per cent chance of limiting global temperature rise to less than 2 degrees Celsius by the century’s end as laid out in the Paris Climate Agreement of 2016. The Paris Climate Agreement saw 195 nations come together in the shared goal of ameliorating climate change. The […]
Why India doesn’t need to worry about oil prices in near future
Nitin Singh & Aditya Sharma Singh is MD & head, Standard Chartered Wealth Management, India, and Sharma is director, investment strategy, Standard Chartered Wealth Management Views are personal Oil has fallen out of favour in recent years, with prices dropping by more than half since mid-2014. From about $115 per barrel in mid-2014, Brent crude […]
Growth in coal use falls in last 10 yrs as India eyes Paris goal
Coal will continue to have a prime place in India’s total energy mix for the next many years but data shows that the country’s coal boom may have been over a couple of years ago, much earlier than expected. Over the past two years, the country’s coal use has increased by an average of just […]
India Ratings: UDAY: Green Shoots in Financial Performance of Discoms Visible, Although Challenges Remain
India Ratings and Research’s (Ind-Ra) initial assessment of Ujwal DISCOM Assurance Yojana (UDAY) scheme suggests that both financial outcome (gap between average cost of supply (ACS) and average revenue realisation (ARR)) and operational efficiency (decline in aggregate technical and commercial losses (AT&C)) have improved at an aggregate level. However, aggregate performance masks wide inter-state variations. […]
Tata Power: Conquering Crisis
When you have a history that goes back more than 100 years, managing unexpected disruptions is something you know first hand. Back in 1915, when Tata Power commenced operations with a hydro electric project in Maharashtra, the founders had a clear vision of supplying uninterrupted power to millions of consumers. Today, Tata Power is the […]