The Ministry of Power (MoP) has recently released the draft Carbon Credit Trading Scheme (CCTS), which aims to establish a framework for the Indian carbon market for both voluntary trading and compliance. As per the […]
As India moves towards installing more than 200 GW of new solar power capacity by 2030, there is a collective aim to ensure that a large part of this is made from locally sourced components. […]
The 11th Annual Integrated Rating and Ranking of Power Distribution Utilities report was released recently. The exercise, conducted with Power Finance Corporation Limited as the nodal agency, covers 71 power distribution utilities, comprising 45 state […]
India’s power sector is striving to achieve the twin objectives of meeting the growing power demand in the country and decarbonising the sector. Nuclear power, backed by high availability and continuous generation, is fast emerging […]
The UK is making efforts towards achieving its ambitious 2030 offshore wind (OSW) goal of 50 GW in order to meet its long-term net zero targets. The UK government’s Department for Energy Security and Net […]
India’s electric vehicle (EV) market is witnessing expansion on a massive scale across all segments and types of vehicles. While central and state government policies and incentives have kindled the initial adoption of e-mobility across […]
The flexible operation of existing coal-based power plants is crucial to ensure reliable power supply and maintain stable electricity grids while maximising generation from renewable energy sources. While there are many options of flexible power […]
The Ministry of Power (MoP) is gearing up in a big way to meet the power demand in the upcoming summer season, with the peak demand expected to hit an all-time high of 229 GW […]
Australia has been making efforts to rebuild and upgrade its transmission infrastructure. Most of this was built decades ago with the primary goal of transmitting the output of its now ageing coal-fired power stations. New […]
In the Indian power sector there are perhaps only a few industries that have experienced a more significant series of changes in their tariff regime in recent times than those in the wind space. In […]
Pumped storage is the least expensive large-scale storage technology that can balance intermittent wind and solar energy sources. It is a mature technology with unique features such as quick start and ramping capability, black start, […]
In the Indian power sector, a substantial increase in renewable energy capacity has been planned, which would significantly alter the energy mix and the energy market scenario in the country. The rapid increase in renewable […]
As a part of the Union Budget 2023-24, the finance minister has announced several key measures to strengthen the government’s focus on green growth. These include a focus on green hydrogen, investments in energy transition […]
The floating, canal-top, and canal-bank solar segments have been gaining traction as they help avoid land acquisition challenges and increase the output of power projects, despite their high upfront cost. Projections made by Wood Mackenzie […]
The Biden administration has been working on advancing transmission buildout to deliver 100 per cent clean electricity by 2035 and reducing greenhouse gas emissions to 50-52 per cent below the 2005 levels by 2030. To […]
In a key development, the Ministry of Power (MoP) has notified the Electricity (Amendment) Rules, 2022, bringing about several changes to the previous Electricity Rules, 2005. Significantly, the new rules permit distribution companies to automatically […]
The Japanese electricity sector is in a state of flux as it strives to achieve its carbon neutrality goals by 2050. Decarbonising the power generation base is one of Japan’s top priorities and it is […]
The year 2023 started with a bang for the country’s fledgling green hydrogen sector. On January 4, 2023, the Union Cabinet approved the National Green Hydrogen Mission with an initial budget outlay of Rs 197,440 […]
As a part of the Union Budget 2023-24, the finance minister has announced several key measures that build on the government’s focus on green growth. Key announcements National Green Hydrogen Mission will facilitate the transition […]
India has set a target of net zero by 2070, alongside other emission targets for 2030. Further, in the recently updated nationally determined contribution, the country has committed to having non-fossil fuel-based energy sources to […]
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