Page 2 - Energy Consumption
Can Europe live without Russian natural gas: What we know so far
Europe faced an energy crisis even before drama emerged about the Nord Stream 1 pipeline reopening from Russia to Germany. While natural gas started flowing again Thursday after the major pipeline shut down for 10 days of maintenance, Europe will still struggle to keep homes warm and industry humming this winter. That is because Russia has already slashed Europe's amounts of natural gas used to power factories, generate electricity and heat homes in the winter, and Russian President Vladimir Putin has warned they could keep dwindling. Deliveries through Nord Stream 1 were cut by 60% before annual repairs began and were expected to stay well below the pipeline's full capacity. Government officials had feared the pipeline may not reopen at all, saying Putin is using energy for political leverage in his confrontation with the European Union over the war in Ukraine. Here are key things to know about Europe's energy crisis: DID RUSSIA CUT OFF GAS TO EUROPE? It has reduced supplies ...
 "Can Europe live without Russian natural gas: What we know so far")
As world struggles with energy and climate crises, these batteries can help
As the market for EV batteries expands and evolves, large industrial-scale powerpacks - energy storage systems, or ESS - are being overlooked as a potential solution to this power crunch
 "As world struggles with energy and climate crises, these batteries can help")
Explained: Why India's 2025 ethanol blending target may not be a good idea
India's target to have 20% ethanol blended in petrol will have to bring more land under cultivation of raw material, and that may affect food security. Yet, emissions will not reduce drastically
 "Explained: Why India's 2025 ethanol blending target may not be a good idea")
US consumption of natural gas to increase: Energy Information Admin
The US Energy Information Administration forecast in a report that the consumption of natural gas in the country will average 84.1 billion cubic feet per day in 2022
 "US consumption of natural gas to increase: Energy Information Admin")
Phasing out coal-based plants: The way forward
As far as India is concerned, all our energy is currently being used on how to reach the magical figure of 500 GW.
Power consumption grows 2.6% to 112.67 billion units in January
According to the data, peak power demand met or highest supply in a day rose to 192.07GW in the month under review compared to 189.39 GW in January 2021, and 170.97 GW in January 2020
 "Power consumption grows 2.6% to 112.67 billion units in January")
Budget 2022 should boost consumption via tax breaks, fuel tax cuts: Report
In a pre-budget report, India Ratings said it expects the new budget to consolidate and strengthen the plan set out in the last budget
 "Budget 2022 should boost consumption via tax breaks, fuel tax cuts: Report")
Adani Group firms AGEL, ATL declare energy compact goals as part of COP26
Adani Green Energy Ltd and Adani Transmission Ltd have declared their energy compact goals
 "Adani Group firms AGEL, ATL declare energy compact goals as part of COP26")
Power Ministry proposes amendments in EC Act to boost renewable energy use
The Ministry of Power has proposed amendments to Energy Conservation Act, 2001
 "Power Ministry proposes amendments in EC Act to boost renewable energy use")
Copper price rebounds as global energy crisis keeps roiling the market
Power shortages are forcing output cuts from China to Europe
 "Copper price rebounds as global energy crisis keeps roiling the market")
India asks Qatar for 50 cargoes it deemed too expensive in 2015
The global energy shortage has prompted India to ask Qatar, the world's biggest supplier of liquefied natural gas, for around 50 cargoes it deemed too expensive six years ago
 "India asks Qatar for 50 cargoes it deemed too expensive in 2015")
High prices could slow India's transition to gas in its energy mix
High prices threaten India's goal to boost the use of gas in its energy mix as some industries are looking at switching back to coal and petcoke
 "High prices could slow India's transition to gas in its energy mix")
Energy crunch hits global recovery as winter approaches: Report
And fears are rising that Europe will have to ration electricity if it's a cold winter
 "Energy crunch hits global recovery as winter approaches: Report")
Dirtier trains and less newsprint is the latest energy crisis fallout
Crunch situation threatens vegetable greenhouses, hits metal supply; Europe and Asia are already reeling from soaring gas and power prices
 "Dirtier trains and less newsprint is the latest energy crisis fallout")
Energy crisis threatens global economic recovery, says IEA
Oil and natural gas prices have soared to multi-year highs recently, sending power prices surging to record levels as widespread energy shortages engulf Asia and Europe
 "Energy crisis threatens global economic recovery, says IEA")
Energy policy preparedness
Difficulties will not be limited to coal
 "Energy policy preparedness")
Aluminium notches new 13-year high as supply fears predominate
Aluminum was one of the first targets in China's efforts to curb industrial energy usage
 "Aluminium notches new 13-year high as supply fears predominate")
Energy crisis: China goes for 'boldest' power pricing reform in decades
Pushing all industrial and commercial users to the power exchanges and allowing prices to be set by the market may encourage loss-making generators to increase output
 "Energy crisis: China goes for 'boldest' power pricing reform in decades")
Oil holds near $84 a barrel on global energy shortage fears
The price of Brent has surged by more than 60 per cent this year
 "Oil holds near $84 a barrel on global energy shortage fears")
Top headlines: Shah reviews coal crisis; Tata seeks to consolidate airlines
India may look at increasing tax on some goods and services in a step toward moving to a simpler structure. More on that in our top headlines this morning.
 "Top headlines: Shah reviews coal crisis; Tata seeks to consolidate airlines")
