The first of its kind analysis commissioned by Climate Risk Horizon was conducted by Dr. Gireesh Shrimali, Head of Transition Finance Research, the University of Oxford s Oxford Sustainable Finance Group .It h
Nothing makes you appreciate air-conditioning like high summer in India. Here in Delhi, temperatures are running over 100 degrees for much of the day, with two full months still to go before the cooling monsoon rains arrive.
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
By Kate Gibson
India is one of only a few countries whose national emissions reduction target is in line with the Paris Agreement’s goal of reducing global warming before Earth’s temperature reaches a dangerous threshold. But to successfully switch from coal to renewable energy, the country will require advanced battery technologies that can operate even when solar and wind are not available.
Batteries could be key to meeting India’s decarbonization goals and represent an opportunity to develop its battery manufacturing industry. (Image credit: hxdbzxy/Shutterstock.com)
India could achieve this by buying billions of dollars’ worth of batteries abroad. But a new analysis by Stanford University researchers indicates that, with some government assistance, the world’s second most populous country could also develop its own battery industry – and become a global power broker in the process.
Repurposing coal plants into solar and battery can be beneficial for society at large
Developed countries with significant coal capacities such as Australia, Canada, Germany, the United Kingdom and the United States are taking different approaches to weaning away from coal.
New Delhi | Updated: December 14, 2020 9:02:55 pm
Smoke billows from two smoke stacks at the coal-based Badarpur Thermal Station in New Delhi. (Photographer: Money Sharma/AFP/Getty Images)
Written by Gireesh Shrimali and Abhinav Jindal
Worldwide, coal plants are grappling with environmental issues and low capacity utilisation levels. They have not only become unprofitable to utilities, they are also uneconomical to customers.