"And fifth - by the year 2070, India will achieve the target of net-zero. These panchamrits will be an unprecedented contribution of India to climate action."

Coal (including lignite) still dominates the energy mix with 60% in 2020, but its share is decreasing rapidly (-11% points since 2010).

These projects are situated in north China's Inner Mongolia and northwest China's Gansu, Qinghai and Ningxia, with an installed capacity of nearly 30 million kilowatts.

The plan says Japan should set ambitious targets for hydrogen and ammonia energy, carbon recycling and nuclear energy and notes that offshore wind and the use of rechargeable batteries have potential for growth.

China stated that it aims to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060.

As per the recently released, World Energy Outlook 2021, IEA forecasts that’s India's power demand is slated to nearly treble to 5000 TWh by 2050, let primarily by renewable sources of energy.

Chinese energy firms and government researchers expect a significant increase in gas demand for power generation and industrial sectors this winter as a nationwide coal supply crunch and power outtages drive up demand for alternative fuels.

The increase in supply should help alleviate some of the price pressure in the domestic gas market as trucked LNG prices have soared to more than Yuan 7,000/mt ($1,093.82/mt), imported LNG remains over $30/MMBtu in the spot market and wider energy shortages persist amid cold weather.

"Domestic trucked LNG prices have recently surged to above Yuan 7,000/mt but the terminals continue to limit volumes sold downstream. I think these prices can continue to rise ... Yuan 8,000/mt sounds achievable now,"

Запасы угля в России превышают 400 миллиардов тонн. Этого нам хватит на очень долгий период. При современном уровне добычи – приблизительно на 350 лет.

As of end-2020, China had nearly 282 GW of installed wind capacity, and over 253 GW of solar capacity.

The Solar Energy Corporation of India (SECI) has initiated a tender for 1,200 MW of wind projects under the tranche XII of the interstate transmission-connected (ISTS) programme.

The Cabinet of Japan has approved the 2030 renewables target (including hydropower) of 36-38% of the country's power mix by 2030 that was unveiled in July 2021.

Since India's per-capita energy consumption is about one-third the global average, demand is expected to rise exponentially, creating the need to push both refining expansion as well as clean energy initiatives,

India, the world's third-biggest importer and consumer of crude, meets around 85% of its demand via overseas purchases with Iraq, Saudi Arabia and the United States being the top three suppliers. India also imports 55% of its gas demand via imports.