Energy crisis is one of the biggest problems our world is facing today. While the demand for energy is ever-increasing, the energy reserves are rapidly depleting, thus making it imperative to develop and harness renewable energy.
Three years ago, all countries of the world adopted 17 ambitious policy goals to end poverty, protect the planet, promote gender equality, or ensure prosperity, as part of the United Nations Sustainable Development Agenda, and vowed to achieve specific targets by 2030.
According to the International Energy Agency (IEA), India will be the fastest growing energy consumer and market by 2040, resulting in the need for increased use of renewable energy.
The International Solar Alliance (ISA) has signed a joint partnership agreement with the International Energy Agency (IEA) to deepen cooperation in the field of renewable energy.
India and China are set to contribute nearly 50 per cent to the increase in the global demand for oil over the next five years, the International Energy Agency (IEA) said in its report on oil sector for 2018.
Take a look at the chart alongside. IEA predicts US shale production will continue to surge, resulting in total production from the country touching almost 17 million barrels a day (million b/d) in the next five years, making it the world’s largest producer.
The United Stateswill overtake Russia as the world’s biggest oil producer by 2019 at the latest, the International Energy Agency(IEA) said on Tuesday, as the country’s shale oil boom continues to upend global markets.
The U.S. shale revolution could prove to be a game changer for India, if the latest report from the International Energy Agency (IEA) is to be believed.
OPEC and its allies have almost achieved their goal of clearing an oil glut, but their efforts could be derailed by rising supplies from the U.S. and other rivals, the International Energy Agency said.
India plans to raise its oil refining capacity by 77 per cent to 438.65 million tonnes by 2030 with Reliance Industries and Rosneft-controlled Essar Oil adding the biggest chunk, a government report said today.