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 »
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 …
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 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. …
Current electricity industries are moving towards a more decarbonised, digitalised, and decentralised structure. This is where blockchain technology can be used to ensure greater automation and better management of data with higher security at lower costs. These qualities ensure blockchain technology\’s crucial role in the energy grids of the future. Although the concept of blockchain …
BLOCKCHAIN FOR RENEWABLE ENERGY MARKETS: USE CASES Read More »
Karnataka has the highest installed capacity of renewable energy across all states in the country as of December 2019. This is mainly due to its solar power generation capacity of 7,274.93 MW, which makes up about 48% of the state’s total renewable energy capacity. The wind and solar power generation during December 2019 were higher …
In a country like India that has around 75 million dairy farms, more than anywhere else in the world, sustainable energy can play a huge role in offsetting rising costs. The dairy network that is engaged in the processing of milk and its products, has affiliations with 15 million milk producers and has a total …
Most South Asian countries have been exploring sustainable alternative energy sources such as solar, wind, hydropower, and biomass, mostly to sustain their rapid economic growth and rising energy demand. The geographical locations of these countries make them extremely vulnerable to global climate change, however, this fact also gives them access to a variety of renewable …
The power system in India is experiencing a period of change. The phenomenal growth in installed generation capacity in recent years has caused the system to become increasingly complex and challenging. Further, the integration of renewable sources and new demand loads like electric vehicles means the grid needs to handle more power flows 24X7. The …
