Most of the increased power demand was fulfilled by fossil fuels, with a three percent overall increase in the consumption of fossil fuels, says a Climate Trends report.
Report by Institute for Energy Economics and Financial Analysis released Friday also found that total number of hot and humid days surged from 24 in 2022-2023 to 40 in 2023-2024.
Power output rose 11.5% to 1,591.11 billion kilowatt-hours, in fiscal year ended March 2023, an analysis of daily load data from regulator Grid-India showed.
After dominating India’s crude imports since 2023, Russian supplies slowed amid US sanctions, but a 30-day ‘waiver’ amid West Asia tensions could now push flows back towards 2 mbpd.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
COMMENTS