Page 12 - Energy

Nuclear fusion sees sudden bursts of potential breakthroughs

The fusion of a kilogramme of deuterium could release at least four million times as much energy as burning a kilo of coal

UK PM Johnson says sanctions on Russian energy very much 'on the table'

UK's Johnson in a joint press conference with Canadian PM Trudeau and Dutch PM Rutte said that London and other Western governments are seriously considering sanctions on Russian energy exports

IT, oil & gas producers among few hedges amid global market turmoil

Metals and pharma stocks too stand to gain, but higher input costs and supply chain disruptions are potential headwinds

Japan's deficit reaches 8-year high as cost of energy imports soars

The amount is the biggest since January 2014, when the trade deficit totaled nearly 2.8 trillion yen.

Can Qatari gas offset disruptions to Russian supply in Europe?

Any interruption of supplies because of an attack would worsen the existing energy crisis caused by a global shortage of oil and gas

People may be free to set up standalone energy storage systems: R K Singh

Union Minister for Power and New & Renewable Energy R K Singh has indicated that people may be free to set up standalone energy storage systems (ESS) as the government plans de-licensing that under the policy for ESS. According to a statement issued by the power ministry, Singh interacted with renewable energy developers, industry and various government representatives to discuss the elements of the draft policy on the energy storage system to promote the creation of storage systems on a large scale across the country. The policy aims at the creation of the technology-agnostic storage system across the value chain of the electricity sector generation, transmission and distribution levels. In the meeting held on January 25 with representatives of the industry, Singh galvanised the industry representatives and called for their active participation in establishing storage systems and associated manufacturing industries domestically within the country. The minister also took a ...

Essar sets up Vertex Hydrogen to help drive energy transition in the UK

Essar Oil UK holds 90 per cent stake in Vertex Hydrogen, while Progressive Energy Ltd has the remaining 10 per cent

Sri Lanka to hold talks with Indian Oil to tide over energy crisis

Power Minister Gamini Lokuge said that the talks with the Indian Oil Corporation's local entity would be held for a solution to the fuel crisis

Energy monitor blames Russia for worsening Europe gas crisis

Russian President Vladimir Putin has underscored that Gazprom has met its obligations under long-term contracts and blamed high spot gas prices on European decisions

APTEL reinstates 50 MW wind project being developed by Inox Wind arm

APTEL has directed to extend the scheduled commercial operation date (SCOD) of the project by the requested period and also set aside the invocation/ encashment of its bank guarantee

A leap forward for fusion power

Scientists have been trying to tweak these designs since the 1960s to find ways to put less energy into triggering fusion, or to extract more energy

India hits target of 40% power generation capacity from non-fossil sources

The country's installed renewable energy (RE) capacity stands at 150.05 GW, while its nuclear energy-based installed electricity capacity is 6.78 GW

Inflation across eurozone hits record high of 4.9% as energy costs spike

This is the highest since records began in 1997

COP26 and energy transition: An outlook on India's stance

The COP26 Energy Transition Council (ETC) reiterated the fact that an immediate and just transition to clean energy holds great significance in order to meet the Paris Agreement goals

The energy headwind

The surge in energy prices is a concern for growth; even if temporary, a reminder of India's strategic dependence on imported energy

Petrol, diesel price continues to remain unchanged after duty cuts

After big cuts in petrol and diesel prices following the Centre and states reducing taxes, fuel prices have remained unchanged

High oil prices will undermine global recovery, warns India

Petrol and diesel prices have shot up to record highs across the country after relentless price increases since early May.

China's power crisis will go global if renewables don't replace coal

With about two-thirds of the grid powered by coal, the cost of digging up the black stuff has determined how much industrial users pay for their power.

International Energy Agency invites India to become full-time member: Puri

India is the world's third-largest energy consumer

China's energy crisis is hitting everything from iPhones to milk

The extreme electricity shortage caused by soaring prices of coal in world's largest exporter is set to hurt China's own growth, and knock-on impact to supply chains could crimp a global economy