The demand for coal has tanked over the past decade amid competition from cheap natural gas and renewable energy sources. The global pandemic has made this collapse worse as the demand for electricity dropped worldwide due to lockdowns imposed to contain the spread of the virus. Coal is continuously losing market share during the pandemic …
HOW COVID-19 ACCELERATED THE DECLINE OF THE SLUMPING COAL INDUSTRY Read More »
India needs energy security and sustainable energy solutions. The country’s solar market is on a roll with over 30 GW of large-scale solar PV capacity and almost 4.5 GW of rooftop solar capacity installed as of December 2019. It is set for a 40-50% growth rate over the next five years once grid-installation bottlenecks are …
The widespread disruption caused by this pandemic has highlighted one very important dependency of our modern society — electricity. As millions of people across the globe are staying home to keep safe, many activities that earlier required human interaction are now being done remotely. Reliable electricity supply is critical to power the digital devices needed …
As the novel coronavirus tightens its grip across the world, it is almost impossible for businesses to asses the economic implications of the outbreak. Renewable energy companies are struggling with numerous logistical challenges and supply chain disruptions that threaten current and future projects. While leaders across the globe are racing to find ways to contain …
Solar power is fast becoming the world’s go-to energy source. Given the potential of solar and the dire need to shift to renewable energy, this is the right way to go. What makes it exceptionally rewarding is the fact that large consumers often find solar power to be the cheapest source of power. Given these …
With transport being one of the main contributors to greenhouse gas (GHG) emissions, researchers are looking for low-carbon alternatives to replace the conventional fuels being used today. One such promising development took place at ETH Zurich, where researchers developed a technology that is capable of producing liquid hydrocarbon fuels from just air and sunlight. This …
When we talk about the Middle East, we usually associate it with oil since it is one of the largest oil-producing regions in the world. Multiple wars and crises have broken out due to this single factor. But, it is surprising and refreshing to learn that the Gulf Cooperation Council (GCC) is now trying to …
The real estate sector in India is expected to reach a market size of US$1 trillion by 2030. This means that there will be a huge increase in the carbon footprint of the sector. Currently, buildings in the country account for 40% of the total energy consumption, 30% raw material use, 20% water use, and …
The Intergovernmental Panel for Climate Change is a body of the United Nation responsible for studying climate change and designing a global response to it. From time to time, IPCC publishes its latest findings in its annual reports. The Special Report on Climate Change and Land addresses greenhouse gas (GHG) fluxes in land-based ecosystems, land …
UNDERSTANDING THE IPCC 2019 SUMMARY FOR POLICYMAKERS Read More »
The growth of renewable energy across the globe has seen a tremendous change over the last two decades; its evolution and cumulative growth have surpassed all expectations. Solar energy has substantially multiplied by several folds globally because of the supporting policies that are being introduced in multiple regions across the world to back the cause. …
