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Sustainability Outlook Headlines
India and China’s energy mix is key to liquefied natural gas stocksThe story is still Asia China and India are likely to emerge as key sources of future natural gas consumption growth and in turn affect demand for LNG carriers and the prospects of Golar LNG Ltd. (GLNG), GasLog Ltd. (GLOG), Dynagas LNG Partners LP (DLNG), and Golar LNG Partners LP (GMLP). Not only do these two countries hold a large share (a little over 33%) of the world’s population, but they also remain two of the fastest-growing markets and can use a lot more natural gas as part of their energy mix.
Mix and growth
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Report: Newly-elected Modi aims to bring solar to every Indian home by 2019India plans to produce enough solar energy to power a lightbulb in every home in the country by 2019, a party official has said. News agency Bloomberg reported this week that the country's new prime minister, Narendra Modi, wants to accelerate deployment of the technology to the 400 million people in India that lack access to electricity.
"We look upon solar as having the potential to completely transform the way we look at the energy space," said Narendra Taneja, convener of the energy division at Modi's Bharatiya Janata Party (BJP), which ascended to power on May 16... Read more.. Date : May 23 Source: Business Green
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Calvert buys into Indian energyPolar Capital’s William Calvert has been buying into the Indian energy sector in anticipation of a win for Narendra Modi in the country’s elections. Mr Calvert, who runs two emerging market funds for Polar Capital, one focusing on growth and the other on income, said a win for Mr Modi could galvanise the power sector in India, which badly needs investment.
The manager pointed out that one of Mr Modi’s major achievements during his time as governor of the Gujarat district of India was to get power running all day, every day.
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For India, Russia, Diversifying Energy Ties a Natural FitRussia and India are reportedly considering a $30 billion oil pipeline that would transit through China’s Xinjiang province. When seen in the context of other bilateral hydrocarbon initiatives between India and Russia, the discussions, first reported in late March, show that Russia is cultivating India in addition to China as part of its accelerated move away from dependence on European markets amid the ongoing Ukraine crisis. For its part, India, which has been on the lookout for stable sources of hydrocarbons outside the Middle East, finds a natural fit in Russia... Read more.. Date : May 23 Source: World Politics Review
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Air pollution is a $1.7T health problem, OECD findsLEIPZIG, Germany -- Air pollution is costing the world's most advanced economies plus India and China $3.5 trillion per year in lives lost and ill health, with a significant amount of the burden stemming from vehicle tailpipes, according to a new report by the Organisation for Economic Co-operation and Development (OECD). In the 34 OECD member states, the monetary impact of death and illness due to outdoor air pollution was $1.7 trillion in 2010. Research suggests that motorized on-road transport accounts for about 50 percent of that cost.
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Alternative Energy Biz Mega-Bullish On India's Narenda ModiWind and solar power firms in India are counting on the new government of Narendra Modi to be friendly to alternative energy when it takes up shop later next month. While most of India’s wind turbine manufacturers are private, one large volume company has become the go-to choice to play mean and green in Modi’s India. Suzlon Energy has been trading like a triple levered exchange traded fund, and making every investor happy. Modi is the main reason for the mega–bullish sentiment on alternative energy.
On Thursday, the Press Trust of India called Modi the country’s “... Read more.. Date : May 23 Source: Kenneth Rapoza
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Power outages hit water supply, residents fumeBHOPAL: Contrary to Bhopal Municipal Corporation (BMC) claims that water supply has been restored to optimal level, residents continued to face water problem. This time, power outage compounded the problem. Unscheduled power cut by power discom in Arera Colony on Wednesday morning came at a time when residents were desperately waiting for resumption of regular water supply. When contacted, discom officials it was a minor disruption for maintenance works.
"We got up early to store water, but only a few buckets later there was a power cut," said... Read more.. Date : May 22 Source: The Times of India
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Need integrated thinking on oil & gas, power sector: PrabhuFormer Union minister of Power Suresh Prabhu had spearheaded the first generation of reforms in the power sector during the NDA-I regime. He was also the author of the Electricity Act 2003. Giving an insight on how would the second generation of reforms shape up in the NDA-II regime, he said the Prime Minister-elect Narendra Modi is among few leaders who has clarity on many subjects. Also Read: Narendra Modi to be sworn in as the PM on May 26 Speaking to CNBC-TV18’s Latha Venkatesh and Sonia Senoy, Prabhu said that Modi’s stress is on economic reforms and not politics, adding that Modi... Read more.. Date : May 22 Source: CNBC Money Control
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Narendra Modi exploring breakup of Coal India, opening up sector: SourcesNEW DELHI: Newly elected PM designate Narendra Modi is exploring breaking up state behemoth Coal India LtdBSE 6.83 % and opening up the sector to foreign investment to boost output and cut imports, said two sources with knowledge of the matter.
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India trade spat rocks post-election solar optimismBefore India’s new pro-solar Prime Minister Narendra Modi can settle into office, a glut of troubling solar issues await resolution. The leader of the Bharatiya Janata Party (BJP), Modi was announced India’s new prime minister and will be sworn in on May 26.
The day before, India’s Department of Commerce re-opened a year-and-a-half old solar anti-dumping dispute. The trade spat could undo post-election optimism for India’s solar future by imposing anti dumping duties on solar panels and cells from China, Taiwan, the US and Malaysia.
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Mercom may lower India solar power installation forecast if duties are imposedKOLKATA: Mercom Capital Group, a global clean energy communications and consulting firm, said it may lower its India solar energy installation forecast of 1,000 MW in 2014 if import duties on components are imposed, while cautiously reiterating the estimate. There hasn't been much activity in the solar energy industry over the past few months with elections underway. But there is anticipation that the incoming Bharatiya Janata Party (BJP) government will introduce measures to boost th ..
Solar installations so far this year total 444 MW. However, the ministry... Read more.. Date : May 22 Source: The Economic Times
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‘World’s Largest Clean Tech Accelerator’ Gets a Boost from the U.N.Having means and opportunity are requisites for law enforcement personnel investigating crimes. But they’re also essential for individuals, groups and organizations looking to develop innovative, commercial solutions that can improve the well-being and quality of people’s lives, as well as enhance ecological sustainability. Established in 2006, the Cleantech Open “was founded on the premise that entrepreneurial innovation is the answer to the world’s most pressing environmental challenges, and the key to economic growth for all nations.” Having grown into “the world’s largest... Read more.. Date : May 22 Source: Triple Pundit
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India’s New Leadership: 400 Million People Will Have Power In 5 Years With The Help Of SolarFour hundred million Indians, more than the population of the United States and Canada combined, lack electricity. An official of India’s newly elected Prime Minister, Narendra Modi, recently said that his government wants every home to be able to run at least one light bulb by 2019. Administrations have made similar claims numerous times since India gained independence in 1947, but this time renewable power sources could bring the longstanding promise closer to a realistic vision. In a sprawling, diverse country of more than 1.2 billion residents this task is tantamount to a... Read more.. Date : May 22 Source: Climate Progress
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In India, solar surge aims to reshape the country's energy futureThe deserts of Rajasthan have long been known for their spare beauty and their intense sunshine. Now that sun is being turned into a surge of solar power expansion that may one day power not just Rajasthan but a wide swath of India with clean energy. Dhursar, a village in Northwest Rajasthan’s Pokharan Tehsil, is at the heart of that expansion. The village of 1,400 people already is home to a 40-megawatt solar voltaic plant developed by Rajasthan Sun Technique Energy Pvt. Ltd, a subsidiary of Reliance Power.
Now the company in June is scheduled to open a 100-megawatt,... Read more.. Date : May 22 Source: Eco Business
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India Calls for a Boost in Aquaculture ResearchINDIA - Kerala Governor Sheila Dikshit has stressed the need for intensifying research activities to improve the ecological and economic sustainability of fish and shrimp aquaculture.
A low-cost farming system affordable to farmers needs to be developed to exploit the high prospects of fisheries in Kerala, she said while delivering the convocation address after declaring the first Convocation of Kerala University of Fisheries and Ocean Studies (KUFOS) opened, the HinduBusinessLine reports.
Global warming is considered one of the principal threats to biodiversity and... Read more.. Date : May 22 Source: The Fish Site
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Bangladesh a potential in fisheries, UN saysBangladesh can play a significant role in the growing food demand of the world in the future, UN says Bangladesh is a leading country for fisheries produce and can play a significant role in the growing food demand for the world in the future, a UN report says. The latest report of the Food and Agriculture Organisation of the United Nations said Bangladesh is the fourth leading country in the world for inland fisheries production. The report highlighted the growing role of fish and aquaculture in feeding the world. The country is also the fifth leading in the... Read more.. Date : May 21 Source: Dhaka Tribune
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We need to reform energy pricing structuresFormer power minister and current chairperson of the Council on Energy, Environment and Water, Suresh Prabhu, in an interview with The Indian Express, spells out his roadmap for the energy sector. Excerpts:
Reforms to expect in energy sector: Now that the dust of the historic elections have settled, it is time to start rebuilding India’s economy and empowering its society.
With a clear majority for the NDA coalition, India has the opportunity to take decisive action with regard to one of the most important stumbling blocks to its renewed and sustained... Read more.. Date : May 21 Source: The Indian Express
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Cities have better water supply, sanitation, says UNUnited Nations: Sharp inequalities still persist around the world between rural and urban areas in terms of availability of cleaner water and better sanitation though the disparity has been narrowing over time, a UN report has said. According to the 2014 Joint Monitoring Report on global progress against the Millennium Development Goal (MDG) on water and sanitation released Thursday, urban areas where more than half of the global population lives are still better supplied with improved water and sanitation than rural ones. But this gap is decreasing.
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Information centre to promote solar energyGURGAON: The region's prime R&D hub for solar technology will soon be made accessible to the general public. The Ministry for Renewable Energy is planning to set up a public awareness wing or an 'information centre' at the National Institute of Solar Energy's research facility, which was previously known as the Solar Energy Centre located near Gwal Pahadi. The new information centre will be given the task of popularizing some of the recent advances made in the field of solar power, and, according to sources, will be inaugurated in just over a month. This move mainly aims to... Read more.. Date : May 21 Source: Times of India
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Fuel subsidies cost governments in emerging markets more than $500 billion every year: IEALONDON: Fossil fuel subsidies cost governments in emerging markets more than $500 billion every year and are a major contributor to climate change, according to the International Energy Agency (IEA) and International Monetary Fund (IMF). The biggest subsidies are concentrated in the Middle East, North Africa, Asia and parts of Latin America, according to the IEA's Fossil Fuel Subsidy Database (http://www.iea.org/subsidy/index.html).
Moreover energy-exporting countries accounted for three quarters of all consumption... Read more.. Date : May 21 Source: The Economic Times
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Reforming India’s energy policyIndia’s policymakers are fond of defining the country’s energy security in terms of three As: availability, access and affordability. However, the three As appear at increasing risk in the face of four formidable barriers: energy subsidies, systemic management inefficiencies, competition from a resource-hungry China and climate change. What makes these barriers even more daunting is the recent emergence in public discourse of a misplaced debate regarding the ownership of natural resources, which has hamstrung the country’s ability to frame long-term policies to help harness its... Read more.. Date : May 21
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Australian coal prospects dim as Modi turns spotlight on solarIndia’s newly elected Prime Minister, Narendra Modi, has kicked off his first term in office with a promise that every home in the power-starved nation will be able to run at least one light bulb by 2019 – powered by solar. “We look upon solar as having the potential to completely transform the way we look at the energy space,” said Narendra Taneja, head of energy in Modi’s Bharatiya Janata Party, which come to power last Friday (May 16) in the biggest electoral win in three decades.
Modi’s proposed “saffron revolution” is a political promise that holds a lot of appeal... Read more.. Date : May 21 Source: Renew Economy
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India Rising to Sustainable Energy ChallengeThree very different sustainable energy projects from India are among the finalists in this year's Ashden Awards, writes Chhavi Sharma - all of them inspiring and showing this vast country the way to a clean, secure, affordable energy future for all. The retrofit programme ... has enabled Infosys to cut a staggering $80 million off its electricity bill in the last six years.
Rapid economic growth and accompanying spiralling energy requirements have put India under tremendous pressure, increasing the energy import bill and creating ever greater strain on the grid.... Read more.. Date : May 20 Source: The Ecologist
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Imported solar cells to get costlier as government likely to impose a steep dumping dutyNEW DELHI: Government is likely to impose a steep dumping duty on solar gear imports, a move that could deal a massive blow to solar power producers in India. The commerce ministry has identified a dumping margin range of 50-60% from the United States and 100-110% from China, which is the largest exporter of solar cells worldwide. The ministry has identified 58 manufacturers, mostly from China, followed by Taiwan, Malaysia and the US as the subject countries involved in the case of d .. Date : May 20 Source: Economic Times
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In India, solar surge aims to reshape the country's energy futureDHURSAR, India (Thomson Reuters Foundation) – The deserts of Rajasthan have long been known for their spare beauty and their intense sunshine. Now that sun is being turned into a surge of solar power expansion that may one day power not just Rajasthan but a wide swath of India with clean energy. Dhursar, a village in Northwest Rajasthan’s Pokharan Tehsil, is at the heart of that expansion. The village of 1,400 people already is home to a 40-megawatt solar voltaic plant developed by Rajasthan Sun Technique Energy Pvt. Ltd, a subsidiary of Reliance Power.
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