In Short : The Adani Group has pledged a $10 billion investment in U.S. energy security and infrastructure projects. The commitment focuses on advancing clean energy, renewable power generation, and critical infrastructure development, aiming to enhance the U.S.’s energy resilience. This investment underscores Adani Group’s expanding global presence and its role in supporting sustainable energy […]
Additional ADB Grant to Strengthen Energy Security in Central Asia – EQ
In Short : The Asian Development Bank (ADB) is enhancing energy security in Central Asia through an additional grant. This initiative focuses on improving infrastructure, promoting renewable energy, fostering regional cooperation, and building institutional capacity. It aims to develop effective policies, increase energy efficiency, and ensure climate resilience, aligning with ADB’s goals of sustainable development […]
Coal diversification key to energy security – EQ Mag
New Delhi: Union coal secretary Amrit Lal Meena on Friday emphasized the need for diversified use of coal to ensure energy security and support the government’s decarbonization mission. During his keynote address at the “Blue Hydrogen-Energy Security and Hydrogen Economy” event organized by the coal ministry, the secretary highlighted the importance of discussing available technologies […]
Can joint gas buying boost Europe’s energy security? – EQ Mag
Brussels/London : The European Union opened a scheme this week for companies to jointly buy gas, aiming to secure supplies ahead of winter and avoid a repeat of last year’s record-high energy prices. Russia, Europe’s former top gas supplier, slashed fuel deliveries to EU countries last year following its invasion of Ukraine, plunging the continent […]
Green hydrogen critical for India’s economic development, energy security: Economic Survey – EQ Mag
The mission will facilitate demand creation, production, utilisation and export of green hydrogen and mobilisation of over Rs 8 lakh crore of investments by 2030 Green hydrogen will be crucial for India’s economic development, energy security and achieving decarbonisation of harder to abate sectors, according to the Economic Survey 2022-23. The survey tabled in the […]
Britain opens nuclear fund as it aims to cut dependency on Russian supplies – EQ Mag
Britain officially opened its multimillion-dollar nuclear fuel fund to bidders on Monday, as it seeks to bolster domestic uranium and related supplies while reducing its dependency on Russia amid its war in Ukraine. The $90 million fund was first announced in July and came after leaders of the Group of Seven nations a month earlier […]
Energy security and climate finance at the heart of India’s G20 presidency – EQ Mag Pro
India should use the G20 platform to enhance climate ambitions and ensure countries can access technology and finance to meet their goals. India should help countries adopt appropriate governance, strategy and risk management structures to manage climate risks. This can help in the greater flow of capital to climate adaptation and mitigation. India’s G20 Sherpa […]
Energy security and our future
Energy security is a difficult thing to analyse for a country because it is dependent on many factors. To assist in the analysis, researchers have identified four components of energy security: i) Availability; ii) Sustainability; iii) Affordability; and iv) Accessibility. To get an idea of how energy secure a country is, the country’s situation with […]
IEEFA report: Volts from the blue – floating solar to generate 900% more electricity across Asia-Pacific
From below 1MW before 2019, ASEAN nations now have over 51MW installed and 858MW planned Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi note that power demand in the Philippines and Malaysia has dropped by as […]
COVID-19: Global energy investments set for a historic $400 bn plunge, says IEA
This would be the largest drop in global energy investment in history, with spending expected to plunge in every major sector from fossil fuels to renewables, and efficiency New Delhi: Global energy investments are set to nosedive by 20 per cent, or about $400 billion, as compared to last year due to the COVID-19 crisis, […]