energy consumption

IEX Power Market Update July 2022: 13% YoY Decline For Green Market

As per its market update for July 2022  released by Indian Energy Exchange (IEX), it has achieved 7151 MU volume in July 2022 comprising 6088 MU in the conventional power market, with 589 MU in the Green Power Market, and 475 MU (4.75 lac Certificates) in the REC Market. India’s premier energy exchange has recorded […]

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Battery Capacity Selection Criteria for Solar PV Energy Storage Systems

Background In a solar PV energy storage system, battery capacity calculation can be a complex process and should be completed accurately. In addition to the loads (annual energy consumption), many other factors need to be considered such as: battery charge and discharge capacity, the maximum power of the inverter, the distribution time of the loads, […]

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2020 A Year Like No Other, Confirms BP Statistical Review

Acknowledging the massive disruptions caused by the Covid pandemic in 2020, the annual BP Statistical Review has called 2020 ‘a year like no other’, as it lays bare the hits and misses for the energy sector in 2020. The headline number in our view, Carbon emissions from energy use fell by 6.3%, to their lowest […]

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US Renewable Energy Consumption to Increase 4% Annually

The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report by the Freedonia Focus Reports The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report. Renewable Energy: United States, […]

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Need to Look Beyond Green Bonds and Grants, to Risk Capital

India’s per capita consumption is at 1/3 of global standards. In effect, helping the world lower its overall energy consumption rather than increasing it. Plastic usage remains among the lowest, notwithstanding the visible pollution we see around us. There is just 4% air conditioning penetration in India. As India moves up or catches up with […]

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Sign of the times. At Petrotech Expo, PM Speaks About Renewables

The PM also said that signs of convergence between cheaper renewable energy, technologies and digital applications were also becoming evident. Prime Minister Narendra Modi while addressing the Petrotech Expo said that, globally the perception of energy consumption and supply is changing and nations are coming together to tackle climate change. “Winds of change are evident in the global energy arena. There […]

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Tata Power Launches ‘Know Your Electricity Consumption’, daily energy management tool for consumers

In a unique move to help its Consumers take better control of their energy usage, Tata Power, India’s largest integrated utility rolled out a new service ‘Know Your Electricity Consumption’ that allows its customers to view their power consumption trend through an online dashboard. The company in a statement issued to the media said, Consumers […]

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