2022-11-18 11:00:00
INDIA'S ENERGY, CLIMATE STRATEGY
ENERDATA- 16 Nov 2022 - India has submitted its Long-Term Low Emission Development Strategy to the United Nations Framework Convention on Climate Change (UNFCCC), which focuses on India’s transition away from fossil fuels. Under this strategy, India plans to expand its green hydrogen production, increase electrolyser manufacturing capacity, and increase its nuclear capacity three-fold by 2032 (6.8 GW at the end of 2021).
In addition, India plans to increase the use of biofuels, electric vehicle penetration, and the use of green hydrogen fuel in the transport sector. The country notably wants ethanol blending to reach 20% by 2025. For its transition to low carbon, India also plans several costs pertaining to the development of new technologies, new infrastructure, and other transaction costs, estimated grossly at several trillions of dollars by 2050.
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Earlier:
2022, November, 16, 10:55:00
RUSSIAN OIL FOR INDIA UP
From a market share of less than 1% in India's import basket before the start of the Russia-Ukraine conflict, Russia's share of India's imports rose to 4.24 million mt, or nearly 1 million b/d, in October, taking a 21% share comparable to that of Iraq and higher than Saudi Arabia's share of around 15% in the country's import basket in the same month,
2022, November, 16, 10:45:00
INDIA'S NUCLEAR STRATEGY
The strategy articulates India's vision and action plan for achieving its goals set out in its Nationally Determined Contribution (NDC) which was updated earlier this year to commit India to reduce the emissions intensity of its GDP by 45% from 2005 levels, and to achieve "about 50%" of its cumulative installed electric capacity from non-fossil fuel-based energy resources, by 2030.
2022, November, 9, 11:05:00
RUSSIAN OIL EXPORTS UP
China and India remain the main destination for Russian crudes in the wake of the Ukraine war, accounting for 58% of all seaborne Russian crude exports in October.
2022, November, 2, 11:20:00
UAE, INDIA CLEAN ENERGY PARTNERSHIP
India’s cooperation with the UAE and the rest of the world in green energy will give an optimistic note on future energy scenario.
2022, October, 31, 11:50:00
U.S., INDIA CLEAN ENERGY INITIATIVE
The US and India have continually increased their trade in other sectors, so this has made partnering on energy very easy. Additionally, both countries are facing difficulties with keeping energy prices low, so they have had to look for new initiatives.
2022, October, 11, 17:25:00
U.S., INDIA STRATEGIC PARTNERSHIP
Amidst volatility in global energy markets, continuing recovery from the COVID-19 pandemic, and increasingly frequent climate-related challenges, the United States and India reiterated their commitment to accelerating a just and sustainable energy transition.
2022, October, 10, 12:25:00
INDIA'S SOLAR CAPACITY 3.2 GW
By the end of fiscal year 2023, we expect cumulative residential rooftop solar capacity to reach 3,214MW, nearly a 60% year-on-year increase.
2022, September, 22, 16:10:00
INDIA NEED LNG
Indian Oil Corp. issued an LNG tender seeking an Oct. 7-8 DES Dahej cargo, while GAIL issued a tender seeking four Oct. 1-Nov. 14 DES cargoes. The tenders closed Sept. 15.
2022, September, 22, 16:05:00
INDIA'S RENEWABLES 1.5 GW
In 2021, solar and wind accounted for nearly 20% of installed capacity in India, with respectively 49 GW and 40 GW. The country aims to develop 175 GW of renewable capacity by the end of 2022, including 100 GW of solar.
2022, August, 12, 08:20:00
INDIA'S SMR NUCLEAR
India currently has 22 operating nuclear reactors, totalling some 6795 MWe of capacity. A further eight units, totalling just over 6000 MWe, are under construction, and the Indian government is committed to growing nuclear capacity as part of its massive infrastructure development programme.
