Affordable Energy

Market expected to grow to $200 billion; industry awaits further clarity on rules

The United Nations announced coalitions to support energy access and transition for Nigeria and Santiago, Chile.

Despite attempts to cast India as climate conscious, the country's heavy reliance on fossil fuels will remain for some decades to come

Commerce Minister Piyush Goyal has said the current crisis should be used as an opportunity to make the transition to clean energy smoother, faster, more resilient and affordable. Goyal, also the minister of railways, further said Indian Railways is committed towards 100 per cent electrification by December 2023and becoming a net zero emitter by 2030, an official statement said on Monday. He was speaking at the launch of a report on 'Sustainable Recovery Post COVID-19' by the International Energy Agency (IEA) and Niti Aayog on September 18. "This is the right time to move forward and prepare ourselves for a resilient and sustainable future, as rightly pointed out in the report... the current crisis should be used as an opportunity to make energy transitions smoother, faster, more resilient and affordable," the minister said. Speaking at the event, Niti Aayog CEO Amitabh Kant said post the 2008-09 financial crisis, green initiatives accounted for around 16 per cent of the total ...

Access to clean, affordable and sustainable supply of energy is key, he said, pitching for responsible pricing of oil and gas