Special Anniversary Issue

What Lies Ahead: A decade of energy storage and tremendous opportunity

Every year, September 22 is observ­ed as World Energy Storage Day globally. Over the years, energy sto­rage has been deemed as the Holy Grail for reducing greenhouse gas emissions as we rally towards electrifying vehicles and decarbonising our energy grid. In fact, energy sto­rage is increasingly being recogni­sed as a diverse asset class of diff­er­­ent technologies and applicatio­ns. […]

Special Anniversary Issue

Energy Transition Strategy: Action plan for decarbonising the power sector

The Kyoto Protocol of 1997 mandated emission reduction targets only for developed nations while allowing developing countries with low per capita emissions to take a voluntary approach towards their emission reduction targets from a “climate justice” standpoint. Noth­ing substantial has been achieved of the agreed emission reduction commitments made by developed nations nor has the promised assistance ($100 billion per year) to developing countries been delivered. […]

Special Anniversary Issue

Capital Need: Access to finance can help India achieve its “RE+” goals

Energy transition is happening but not fast enough to limit the global average temperature rise to 1.5 °C. Power investment will need to rise to help the world achieve the Paris Agreement goals. Compared with the average annual investments projected in the International En­er­gy Agency’s (IEA) Sustainable Development Scenario, the global power sector spending in 2019 was about 35 per cent short of the level required a decade from now. The year 2020 also witnessed lower investment due to the Covid-19 pandemic. […]