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Intermittency poses a big challenge to the uninterrupted supply of renewable energy. Pumped hydro storage is an efficient system to store energy and ensures 24/7 supply. While recent policy frameworks show the government s priority, streamlining taxation and differential pricing can accelerate deployment of energy storage systems.
Steel prices have been soaring due to the Russia-Ukraine war, but auto companies have not felt the pinch so far. That may be about to change. Vehicle makers and steel producers will soon be sitting across the table to review their contracts. Reports have indicated steel firms want to renegotiate auto contract prices higher by .