November 2024

Since gaining independence in 1947, India's power sector has achieved remarkable growth, with the installed capacity soaring from a mere 1,300 MW to an impressive 400 GW by 2023. This growth trajectory has been propelled by strategic investments in thermal, hydro, and renewable energy, underlining the sector's resilience, adaptability, and alignment with global sustainability goals.

In a joint statement after the leaders' meeting, the countries agreed to enhance collaboration in sectors such as new energy vehicles, lithium batteries, photovoltaics, and the digital economy.

As renewable energy sources like solar and wind become more widespread, their inherent unpredictability introduces new challenges. Unlike traditional fossil fuel power plants, renewable generation is intermittent, making it harder to forecast production and balance the grid.

Geographic Information Systems (GIS) offer a transformative approach to managing these networks, providing a comprehensive, real-world model of assets and enabling better decision-making and operational efficiency.

The CFE's investment plan for this period consists of US$23.4bn, of which US$12.3bn correspond to new generation projects (13,024 MW), US$7.5bn to transmission infrastructure and US$3.6bn to distribution projects.

Brent fell 47 cents, or 0.6%, to $75.16 per barrel, WTI fell 55 cents or 0.8% to $71.81.

В ходе круглого стола «Россия – Африка» приглашённые спикеры обсудили перспективы участия российских компаний в совместных проектах в энергетической отрасли Африки.

The IAEA has redesignated Rosatom Technical Academy (Rosatom Tech) as an IAEA Collaborating Centre, signing a new four-year agreement that expands the scope of their collaboration during the recent IAEA International Conference on Small Modular Reactors (SMRs) and their Applications.

By 2026, the independent innovation capability of China’s nuclear technology application industry will be significantly enhanced, and the industrial field will be further expanded, according to the plan.

"We are ready to supply [gas], though little depends on us here. This is why agreements on that should probably be made directly by consumers and the country ensuring transit," Novak said on the sidelines of an event in Sochi.