Energy is the key element which connects society, politics, and economies to the environment. Without natural resources the mankind would cease to exist. In present times, it is an inalienable part required to run our day—to—day lives seamlessly, particularly in form of electricity. It serves as a catalyst for the growth story of developing societies and economies. This, accompanied by rise in advanced technologies and innovative practices, further adds value to the otherwise constantly evolving standard of living. It ensures upliftment of the society from the clutches of poverty, hunger, water crisis, diseases etc.; along with economic progress and an […]
Category: energy
Oil Market in Climate Change Discourse
The Oil-Price Shocks of 1970s and 80s catalyzed the modern energy policy world over. This time yet again, with environmental concerns gaining prominence and change in geopolitical landscape, global energy space is experiencing a watershed moment. Earlier, the UN Framework Convention on Climate Change set a comprehensive, long-tenure objective to control greenhouse-gas emissions and the anthropogenic climate change; and with old players giving strong competition post their comeback in the market- the sector has been subject to tough, if not tumultuous, fluctuations. Additionally, for long, environmentalists had hoped a reversal in natural resource extraction activities, by switching to renewables- but […]
Climate Security in Times of Energy Insecurity
There is a surge in energy demand world-over, which is increasingly still being met by conventional fossil fuels such as oil, coal and natural gas. (Coal is the king in Asia-Pacific, at least till 2040). In last few decades, this has led to serious implications in form of increase in carbon dioxide, methane and carbon monoxide in the atmosphere, resulting in rise of temperature. With rise in global warming, the countries are now fast looking out for ways to reduce their carbon footprint, and most of them targeting their energy basket. The UN’s Intergovernmental Panel on Climate Change has in its […]
Changing Dynamics of Energy Sector
Energy is the key to socio—economic growth, environmental sustainability and human development in a society. The SDG 2030 Agenda clearly outlines the intrinsic importance of energy in such a holistic development. With approximately 1.1 billion people still lacking access to electricity and an estimated 2.8 billion without access to clean cooking facilities (IEA Energy Access Report 2017) — it is imperative for the world community to constantly innovate and create new mediums to increase the energy outreach. It is crucial to understand that energy issues are at the heart of achieving sustainable development goals and in overcoming issues such as […]
Enernet Critical for Smart City Foundation
Back in 1990s, the world witnessed a watershed moment with the IT revolution— followed by a stream of Tech giants like Microsoft, Apple, Google, Facebook, Uber etc. transforming the world; helping us define the old and the modern world better. Today too, the world has reached a new horizon with the introduction of Enernet or Energy Internet and soon we all will be dependent on it. With internet—of—things guiding the way, there will be power plants, renewable power stations, electric cars, electrical appliances— all woven together in a bouquet of wireless communication and power lines. Enernet has the ability to […]
India’s Foreign Policy in the New Eurasian Discourse— Re-Connecting Central Asia
2018 has begun on a high note for India— with top diplomatic meets organized with key Eurasian State-Leaders. Be it Indian Prime Minister visiting West Asia or Iran signing a dozen MoUs with India or Jordan’s King Abdullah exploring India-Jordan relations in a three-day visit. All, in recent times, highlight India’s active persuasion of Eurasian nations— Russia, Central Asia and West Asia to be more specific. Given the abundance of hydrocarbons and their strategic location on the world map, it is natural for India, an emerging global power— albeit with scanty energy resources, to seek bilateral ties in the region. […]
Oil Externalities in Times of Geopolitics of Environment
Oil- bearing areas have been subject to environmental degradation, culminating sometimes into ecological catastrophes. The advent of oil production has resulted in mass destruction of ecological resources- be it forests, aquatic systems, wildlife displacement, endangering or extinction of species and wetlands and swamps among others. Few prevalent oil related geopolitical externalities resulting in environmental damage are: Oil Spillage: The Sanchi Oil spill, possibly the largest oil spill in the last 30 years, has been stealthily causing environmental catastrophe in South China Sea. Both China, in whose 200-nautical-mile exclusive economic zone the accident occurred, and Japan, in who’s otherwise claimed exclusive […]
Policy Advocacy for Climate Change Mitigation and Global Energy Mix
Policy advocacy plays a crucial role in deployment of renewable energy technologies. Be it wind, solar or geothermal, policy helps in mitigating the risks experienced when operating in the renewables sector. It helps in reducing the perils observed by the private players, through increased capital flow for R&D. However, the trouble does not end there, as organizations face significant challenges in the marketplace. Despite this, the industry has seen phenomenal growth in the last few years. The continued growth in renewables has been driven by several factors. Worldwide awareness of the role of renewable energy in alleviating the greenhouse gas […]
Fossil Fuel Policy for Mitigating Climate Change
Climate change poses a glaring challenge for the present generation who fast needs to mitigate the causes of the same in order obtain a sustainable world. This definitely calls for complete phase out of fossil fuels which have been instrumental in enhancing the calamity. The social optimum by today’s standards requires an immediate aggressive renewable fuel intervention apart from a gradually rising carbon tax which falls in the long run. As more and more renewables are used in relation to fossil fuel, faster will be the advent of carbon free era. And as more fossil fuel will be locked up […]