IEA confirms Electricity is at its cheapest price in history owing to Solar power schemes

In the recent report of World Energy Outlook 2020, IEA says the electricity generated due to solar power farms are the cheapest ever than electricity generated due to coal and gas in major countries. However, IEA further says achieving net-zero emissions will require “unprecedented” efforts from every part of the global economy, not just the power sector. Read more

Japan aims for Net Zero by 2050

Following the foot prints of China, Japanese News Agency announced that Japan is going to announce a net zero target across its economy by 2050. With the recent change in political leadership, drastic measures are expected to decarbonize the Japanese economy. Read more

Centre for Science and Environment advocates incentive mechanism for greener coal-based power plants

Center for Science and Environment has called for creating mechanism to incentivize coal based power plants which are complying to the pollution norms and penalizing those which do not comply to the same. The Organisation has conceptualized a plan name First Run which promotes and incentivizes greener power stations to run on priority, which would in turn encourage other coal based power plants to take measures to comply to local pollution norms.  Read more

EECA, NZ concerned over water heaters failing energy efficiency Check-Testing

Energy Efficiency and Confederation Authority (EECA), New Zealand is disappointed and concerned over many hot water cylinders failing the energy efficiency check testing and not meeting the manufacturer’s energy efficiency claims. Around 60,000 hot water cylinders are sold per annum. “This issue is important because hot water makes up about 30% amount of the average energy bill – about $600 a year. Failure to meet Standards is costing each household up to $1,240 over the life of the cylinder (about 20 years) at current energy prices” Read more

UN says Mandatory Building Energy Code necessary by 2030

UNEP and IEA have stated that the building sector in India are likely not to meet the target as per Paris Agreement 2015 nor UN Sustainable Development Goals (SDG).Globally, the building sector’s energy demand and green house gas emissions rose by 7% since 2010. De-carbonization of building sector calls for efficient regulatory tool and driving force to increase the energy performance of building which can only be achieved by mandating building energy efficiency codes. Read more

India Energy Residential Survey (IRES) states 88% LED bulb penetration in India

India Energy Residential Survey (IRES) is a study conducted by Council on Energy, Environment and Water (CEEW) in collaboration with the Institute for Sustainable Energy Policy (ISEP) which surveyed 15000 households across 21 states. Affordable government schemes for LED led to the 88% led bulb penetration and energy efficiency in Indian households, however 25% of the households knew about Star Labeling scheme of Bureau of Energy Efficiency. Read more

India to replace 373 gigawatts (GW) of coal based power plants by Renewables

Mr R K Singh, Power Minister announced that all the coal based power plants which are retiring are going to be replaced by renewable sources based power plants. India is world’s second largest coal consumer after China and coal based power plants account to 373 GW of power generating capacity. India is aiming for 175 GW of installed renewable-based power capacity by 2022. Read more

University of Cambridge aims for net zero emissions by 2038

The Cambridge University Endowment Fund (CUEF) plans to withdraw investments with conventional energy-focused public equity managers by December 2020, before building up significant investments in renewable energy by 2025. It will then move to divest from all meaningful exposure in fossil fuels by 2030, on its way to achieving net zero greenhouse gas emissions across its entire investment portfolio by 2038, in line with the university’s broader targets. Read more

China aims for net-zero emissions by 2060

With a tally of 28% global emissions presently, China announces its climate action plan to aim for net zero emissions by 2060. For a country which relies on coal to generate its 60% of electricity, the commitment for net zero emissions call for significant reforms in policies and reduction in the consumption of fossil fuels. At present, the electric mobility accounts to 2% of the transportation industry and renewable resources account to 10% of the total power generation. Energy efficiency is going to play a pivotal role in the transformation of China. Read more

Australia plans to invest 18 billion AUD to cut carbon emissions

After 13 years, Australia is coming up with a climate and energy policy as at the end of 2019, the country was half way to meet its Paris climate target agreement  which is to reduce the emissions of the country by 26 – 28 % from its 2005 level by 2030.

The government will focus on investing in hydrogen, energy storage, low carbon steel and aluminium, carbon capture and storage, and carbon sequestration in soil. Read more

IIT Hyderabad-incubated startup PURE EV decides to take Nepal as the first international pitstop

PURE EV was incubated by IIT-Hyderabad. It has an in-house battery manufacturing facility and a research setup based out of IIT-Hyderabad campus where the company’s dedicated R&D team works.

The premium model ‘EPluto7G’ will be launched in Nepal by October 2020. A unique aspect of this vehicle is that the battery and the vehicle have been designed and developed factoring in the gradient requirements of Nepal. Read more

Rajasthan plans to develop 300 MW roof top solar plants

The Govt of Rajasthan announced a green energy city initiative in the budget of 2020-21 to develop 300 MW roof top solar power plants in the next five years in order to promote green energy and discourage the usage of fossil fuels to generate power.

The projects would come up in private residential, public buildings, tourist landmarks, parks, and community facilities. Read more

Knowledge Centre – Passive Strategies

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