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Energy Consumption

Peak demand for electricity touched 211 gigawatts in January, close to an all-time high last summer when heavy industry roared back from pandemic curbs

Updated On: 25 Feb 2023 | 8:53 AM IST

ONGC Tripura Power Company Ltd (OTPC) has signed a pact to develop battery energy storage project in Assam at an investment of Rs 2,000 crore, the firm said in a statement. The memorandum of understanding (MoU) was signed with Assam Power Distribution Company Limited (APDCL) at Guwahati "to develop battery energy storage system project of capacity up to 250 MW / 500 MWh in phased manner in Assam by incorporating a joint venture company," it said. "An investment of Rs 2,000 crore will be made in the state for developing the project," the statement added without giving a time frame. OTPC is a joint venture of Oil and Natural Gas Corporation (ONGC), gas utility GAIL (India) Ltd, Government of Tripura and India Infrastructure Fund-II. It owns and operates a 726 MW gas based power plant which caters to 25 per cent of energy demand of all seven north-eastern states. Highlighting the benefits of the project, OTPC managing director Sanil C Namboodiripad said that the project will help the

Updated On: 12 Jan 2023 | 3:06 PM IST

The Bill is expected to be a step for India toward fulfilling its goals of cutting emissions and the use of renewable energy

Updated On: 14 Dec 2022 | 5:52 PM IST

Analysts expect H2 to be better and infra spending to be hiked in the Budget; benign energy prices and demand improvement are other triggers

Updated On: 09 Dec 2022 | 11:37 PM IST

More than a third of electricity produced and fed into the grid in Germany in the third quarter of 2022 was generated by coal-fired power plants, according to a report based on provisional results

Updated On: 08 Dec 2022 | 6:51 AM IST

Worldwide sales of heat pumps are set to soar to record levels in coming years as the global energy crisis accelerates their adoption, IEA said

Updated On: 30 Nov 2022 | 1:04 PM IST

Narendra Modi will take part in sessions related to food and energy security, health as well as digital transformation in the G20 summit at Bali in Indonesia, Foreign Secretary Vinay Kwatra said

Updated On: 13 Nov 2022 | 10:59 PM IST

Turkish annual inflation accelerated for the 17th month in a row in October, driven by a surge in food prices and energy costs, to its likely peak during President Erdogan's two decades in power

Updated On: 03 Nov 2022 | 11:35 PM IST

The European Union (EU) will provide 500 million euros ($504 million) in grants for the Western Balkan countries to tackle energy crisis, European Commission chief Ursula von der Leyen said here

Updated On: 27 Oct 2022 | 1:00 PM IST

Leaders of the European Union (EU) member states have agreed on a 'roadmap' of measures to protect European consumers from soaring energy prices

Updated On: 22 Oct 2022 | 12:22 PM IST

The NTPC REL facility in Kutch produce electricity to support 8 million people

Updated On: 20 Oct 2022 | 3:27 PM IST

Prices for natural gas and power are so high in Europe that some ethanol makers have considered shutting down plants

Updated On: 20 Oct 2022 | 9:52 AM IST

India is unlikely to see a repeat of the 2021 energy crisis this festive season as coal-fired power stations across the country have comfortable levels of the fuel stock to meet electricity demand of the world's fastest expanding major economy. Learning lessons from the October 2021 energy crisis, when power stations were put on outage alert, due to coal stocks falling to the lowest level in years, the ministries of coal and power as well as railways this year have worked out a plan to ensure adequate fuel stocks at electricity generating units, officials said. With coal used to produce almost 70 per cent of electricity, officials are confident that the 2021 crisis will not be repeated this festive season that kicks in a week's time. Electricity demand in India has soared with a rebound in industrial activity after easing of pandemic-related curbs. And the increased lightning needs during the festive season is likely to send the demand shooting. According to a coal ministry officia

Updated On: 25 Sep 2022 | 6:22 PM IST

Russia's invasion of Ukraine upended energy flows and rippled through global markets, driving up natural gas prices and forcing drastic measures such as Germany nationalizing its biggest importer

Updated On: 23 Sep 2022 | 11:14 AM IST

Governments must deliberately use public investment and regulation to rapidly scale-up clean energy technologies to bring down costs, achieve global climate goals and boost economies worldwide

Updated On: 23 Sep 2022 | 9:06 AM IST

The proposal is expected to face strong pushback from businesses and some EU countries

Updated On: 19 Sep 2022 | 10:15 PM IST

We are making ourselves independent of Russia, and any decisions that are taken there, said Scholz

Updated On: 16 Sep 2022 | 10:22 PM IST

Around Europe, countries are looking for ways to cut energy consumption and fill up their gas stores in preparation for a possible total cut-off

Updated On: 13 Sep 2022 | 6:56 PM IST

'Merge' software upgrade to take place in coming days; Google estimates Merge will happen on Thursday

Updated On: 12 Sep 2022 | 4:39 PM IST

French President Emmanuel Macron has announced that France and Germany will help each other through the energy crisis and get by the upcoming winter

Updated On: 06 Sep 2022 | 7:19 AM IST