India is likely to become the world’s third-largest market for utility-scale batteries by 2030 with capacity additions projected to accelerate considerably over the next seven years to reach nearly 9 GW, supported by cost reductions, according to a report by IEA (International Energy Agency). Also read: India adds 24 GW of solar PV manufacturing capacity … Read more
Natural gas consumption in India is expected to grow by 7 per cent y-o-y to 64.35 billion cubic meters (BCM) in the current calendar year aided by lower prices and rising demand from power and industrial sectors. Also read:Indian Gas Exchange expects 35% jump in gas trading in FY25 According to the International Energy Agency … Read more
Saudi Aramco, Coal India and Gazprom did not immediately respond to requests for comment. | Photo Credit: AP “The vast majority of planet-warming carbondioxide emissions since 2016 can be traced to a group of just 57 fossil fuels and cement producers,” researchers said on April 4. “From 2016 to 2022, the 57 entities including nation-states, … Read more
The Paris-based agency said failing to curb methane leaks from oil and gas projects was a “massive missed opportunity” to prevent losses and reduce emissions of the potent greenhouse gas. | Photo Credit: AP “Planet-heating methane released by the fossil fuel industry rose to near record highs in 2023 despite technology available to curb this … Read more