International Energy Agency says India's oil demand will be driven by diesel/gasoil requirements in contrast to the rest of the world, where EV boom will lead to lower demand.
According to the report released at the India Energy Week (IEA) 2024 in Goa, India is on track to lead an increase in oil demand of nearly 1.2 million barrels per day.
Fatih Birol said that, since India has abundant renewable energy capacity, the country should not miss the opportunity to become a superpower in the green hydrogen business.
As stronger government policies and energy security concerns drive more clean energy deployment, renewable capacity additions worldwide are set to jump by 107 gigawatts, said IEA.
The shift from engine to electric cars will reduce global demand for oil by at least five million barrels a day, says International Energy Agency's projections.
Investment in clean energy has accelerated since Covid struck, hitting $1.4 trillion based on IEA's annual report. Yet, in developing countries, the picture looks very different.
Since nuclear energy is a risky business for commercial operators , it's crucial to get government assistance through regulated cost recovery & price guarantees.
With evolving markets, electricity from renewables will become cheaper than coal by 2040.
Coal will be increasingly squeezed out of the power generation market over...
When reading the book, one can see Roy’s mother as a 'fascist government' unto herself, the centre of her own cult. In Arundhati’s words, Mary Roy was ‘mother guru’.
ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.
China flaunted military might & modernisation as it displayed stealth drones, anti-satellite system & cyber warfare contingent during parade to mark victory over Japan in WWII.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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