Shell CEO welcomes Britain, France move to ban fuel engines * Demand for oil will continue with jets, ships, trucks * Shell to remain relevant through investments in new energies By Ron Bousso and Karolin Schaps LONDON, July 27 (Reuters) – The world’s oil consumption could peak as early as the end of the next […]
Research, Reports & Ratings
Annual Market for the Deployment of C&I Energy as a Service is Expected to Exceed $221 Billion by 2026
As the energy as a service market matures, it is expected to give rise to the outsourcing of energy portfolios and turnkey vendors A new report from Navigant Research analyzes the global market for the deployment of turnkey energy as a service (EaaS) solutions. The report focuses on EaaS for large commercial and industrial (C&I) […]
Why 100% Renewables May Create an ‘Evolutionary Dead End’
We’re back in familiar territory on the podcast this week. Once again, we are revisiting Mark Jacobson’s famous — some might say infamous — 100% renewable energy scenario. This week, we’re rounding out our previous conversation with Professor Jacobson by turning to Dr. Christopher Clack, the lead author of a critique of Jacobson’s modeling, which […]
India’s reliance on coal to continue beyond 2047: Report
India’s dependence on coal will continue even after three decades from now with an estimated share of 42-50 per cent of the country’s energy mix, said a report. The report, titled ‘Energising India’, has been jointly prepared by the NITI Aayog and the Institute of Energy Economics, Japan. The report further said that penetration of […]
Global Infrastructure Investment Need to Reach $97 Trillion by 2040
A ground-breaking new report by the G20’s Global Infrastructure Hub (GI Hub) outlines infrastructure investment needs globally and individually for 50 countries and seven sectors to 2040. The report, Global Infrastructure Outlook, reveals the cost of providing infrastructure to support global economic growth and to start to close infrastructure gaps is forecast to reach US$94 […]
The Fossil Fuels Project That Pits Trump’s Base Against Itself
For a landmark fossil-fuel program deep in Trump country, it’s not environmentalists who are the biggest threat. It may be Donald Trump himself. The $3.8 billion project in Lake Charles, Louisiana, would take waste from oil refining and turn it into synthetic natural gas while capturing most of the pollution emitted. Those products would be […]
Technical Innovations & Cost Savings Necessary to Support Wind Power Tariffs Discovered during Auctions
With the record low tariff of INR3.46/kWh discovered during the first round of auctions conducted by Solar Energy Corporation of India in February 2017, the winning bidders bank on the latest technological innovations and cost saving measures to achieve better equity returns. India Ratings and Research (Ind-Ra) believes that the utilities will depend on the […]
Future of renewable energy: Sunny investment climate for solar technology in India
On May 12, 2017, India recorded its lowest-ever solar tariff of Rs 2.44/unit of electricity. That is a 73% fall since 2010, and compares favourably with India’s cheapest power source–coal, electricity from which now ranges between Rs 3/unit and Rs 5/unit. The new low solar cost was announced at a reverse auction–in which the role […]
India needs to invest in energy mix & power networks: IEA analyst
The Paris-based inter-governmental International Energy Agency (IEA) has in its latest report indicated a decline in investment in the oil and gas sector for a second year and increase in energy efficiency and energy networks. India, it says, is the fastest-growing major energy investment market. Michael Waldron, energy investment analyst at the IEA, to Shreya […]
Global Annual Power Capacity Additions for Utility-Scale and Distributed Energy Storage to Exceed 50 GW by 2026
Two new reports from Navigant Research look at the global markets for deployed utility-scale energy storage systems (ESSs) and distributed energy storage systems (DESSs) for commercial and industrial (C&I) and residential customers. During the past two years, the energy storage industry has experienced significant growth in the more mature early adopter markets, as well as […]