Energy Sector Current Affairs, GK & News

2022 New Energy Outlook Report

2022 New Energy Outlook Report was released by the global, clean energy research provider BloombergNEF. The report analysed the Net Zero scenarios or pathways that limit global warming to 1.77°C above pre-industrial levels by 2050 with 67 percent assurance. What are the key findings of the report? The greenhouse gas emissions from developing countries, especially ..

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Australia-India Centre for Energy (AICE)

The Indian Institute of Technology (IIT) Madras and Australian Universities are collaborating to launch the Australia-India Centre for Energy (AICE) to work on the 2030 SDGs. What is Australia-India Centre for Energy (AICE)? The Australia-India Centre for Energy (AICE) is a virtual centre that will promote collaboration among universities, research institutes and industry from India ..

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World Bank study on Energy Prices

The World Bank recently released the October 2022 edition of the Commodity Markets Outlook. What are the key findings of the Commodity Markets Outlook report? The projections of commodity prices are subject to numerous risks. Energy markets are facing significant supply-related distress due to concerns regarding their availability during the winter season. Higher-than-expected energy prices ..

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Indian-Brazil Alliance for Bioenergy and Biofuels

Brazil and India have agreed to work towards the development of an Indian- Brazil Alliance for Bioenergy and Biofuels and will also be establishing a virtual India-Brazil Centre of Excellence on Ethanol. Overview: Both countries have agreed to make efforts to make sustainable biofuels and bioenergy an integral part of the energy transition, especially for ..

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NITI Aayog’s State Energy and Climate Index

The State Energy and Climate Index (SECI) has been launched by NITI Aayog. It is a first-of-its-kind index that aims to track the efforts made in the energy and climate sector by the states and UTs of India. This index’s parameters have been devised while keeping in mind the country’s goals regarding clean energy transition ..

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India’s plan to create Gas infrastructure

The Government of India is to increase the share of Natural Gas in the primary energy mix of the country from 6.2% to 15% by 2030. In order to achieve this, 60 billion USD is to be invested over next four years to create rigid gas infrastructure in the country. This includes city gas distribution ..

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