Cost of India quitting coal is $900 billion, think tank says
1 year, 9 months ago

Cost of India quitting coal is $900 billion, think tank says

Associated Press  

BENGALURU, India — If India stopped burning coal tomorrow, over five million people would lose their jobs. But for a price tag of around $900 billion over the next 30 years, the country can make sure nobody is left behind in the huge move to clean energy to curb human-caused climate change, according to figures released by New Delhi-based think tank Thursday. “Just transition should be viewed as an opportunity for India to support green growth in the country’s fossil fuel dependent states and districts,” said iFOREST head Chandra Bhushan. To get the $900 billion figure, the group researched four coal districts in India and identified eight different cost factors, like setting up infrastructure and getting workers ready for the transition. The think tank said $600 billion would come as investments in new industries and infrastructure, with an additional $300 billion as grants and subsidies to support coal industry workers and affected communities.

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History of this topic

What would it cost to kill coal?
1 month, 1 week ago

What would it cost to kill coal?

The Economist  

Coal is the dirtiest fossil fuel Yet it still provides a third of global energy If the world could quit it, the climate benefits would be huge Coal is the dirtiest fossil fuel Yet it still provides a third of global energy If the world could quit it, the climate benefits would be huge Coal is the dirtiest fossil fuel …

Coal to have significant place in India’s diversified energy basket: Eco Survey
5 months ago

Coal to have significant place in India’s diversified energy basket: Eco Survey

Hindustan Times  

India will target a diversified set of sources for energy security with a significant place for thermal power, including coal to provide base load, to minimise risks associated with systems while pursuing low-emission pathways in line with national commitments, said the 2023-24 Economic Survey Union finance minister Nirmala Sitharaman tabled in Parliament on Monday. “This will also include a significant …

India's coal dependence for power to be highest in nine years as heatwaves intensify
6 months ago

India's coal dependence for power to be highest in nine years as heatwaves intensify

Hindustan Times  

India will use more coal for generating electricity this year than it has in almost a decade, to cope with surging electricity demand, Bloomberg reported. Representational The country expects to add 15.4 gigawatts in the financial year 2024-25, the most in nine years, people familiar with the matter told Bloomberg. Coal still generates about three-quarters of India’s electricity, and the …

More than 800 coal plants worldwide could be profitably decommissioned, research group says
6 months ago

More than 800 coal plants worldwide could be profitably decommissioned, research group says

The Hindu  

More than 800 coal-fired power plants in emerging countries could be decommissioned and profitably replaced by cleaner solar energy starting from the end of the decade, research on Monday showed. Though only a tenth of existing coal plants are scheduled to shut down by 2030, more could close if efforts are made to identify opportunities, the Institute for Energy Economics …

Coal power generation up 10.13% during April to December 2023
11 months ago

Coal power generation up 10.13% during April to December 2023

New Indian Express  

NEW DELHI: The country’s coal-fired power generation showed significant growth of nearly 10.13% from April to December 2023 compared to the corresponding period of the previous year. As per the coal ministry, the domestic coal-based power generation from April to December 2023 rose by 7.14% to 872 billion units, up from 813.9 BU generated in the corresponding period last year. …

India will continue to rely on coal power until it becomes developed country, says Bhupender Yadav
1 year ago

India will continue to rely on coal power until it becomes developed country, says Bhupender Yadav

The Hindu  

December 19, 2023 11:57 am | Updated 01:17 pm IST - New Delhi India is committed to meeting the energy needs of its people and will also have to rely on coal power until it achieves developed country status, Union Environment Minister Bhupender Yadav said on December 19. Mr. Yadav said India “strongly resisted” the rich nations’ call for limitations …

Coal isn’t easy to exclude from sustainable development | Explained
1 year, 1 month ago

Coal isn’t easy to exclude from sustainable development | Explained

The Hindu  

The world is highly dependent on fossil fuels, which produce 80% of the total energy supplied. According to Central Electricity Authority projections for FY 2031-2032, India’s national grid can absorb 924 TWh of electricity from various renewable energy sources by progressively adding 47 GW of battery storage capacity and 27 GW of pumped storage projects by FY 32. To balance …

Business Matters | Why is the rising cost of coal-fired power plants good news for India?
1 year, 7 months ago

Business Matters | Why is the rising cost of coal-fired power plants good news for India?

The Hindu  

Why is the rising cost of coal-fired power plants good news for India? It said that achieving net zero – which India aims to reach by 2070 – will require adjustments to how people live, work, and move around—and some of these changes will be costly. First, India expects to increase investments in coal-fired power plants to help power economic …

India Says 50 Lakh People Directly Dependent on Coal Mining; Will Press for 'Just Energy Transition' at G20
1 year, 7 months ago

India Says 50 Lakh People Directly Dependent on Coal Mining; Will Press for 'Just Energy Transition' at G20

News 18  

India will press for a ”just energy transition” at the G-20 parleys, a top government official said on Monday, pointing out that 50 lakh people are directly dependent on coal mining. ”As per our estimation, about 50 lakh people are engaged directly or indirectly in coal mining activities, especially in eastern Indian states. The country needs coal to help achieve …

Cost of India quitting coal is $900 billion, think tank says
1 year, 9 months ago

Cost of India quitting coal is $900 billion, think tank says

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. But for a price tag …

Analysis | India cheers the return of 'King Coal' as industry sees buoyant future
1 year, 9 months ago

Analysis | India cheers the return of 'King Coal' as industry sees buoyant future

The Hindu  

India's coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand, rising supply from new mines and strong demand for imports. Increased output The reality is that India has successfully increased domestic coal output, with official government figures released last week showing production in the first 10 months of …

India wants energy transition on its own terms — without phasing out coal and with more grants
1 year, 9 months ago

India wants energy transition on its own terms — without phasing out coal and with more grants

The Hindu  

India is unlikely to sign a deal with richer nations this year for a just energy transition, as international funding rests on India committing to a timeline to phase out coal, an "unviable" proposition for the country, energy analysts said. "The JETP as it currently stands may not be the best model or framework for India given that the country …

Science-Wise: Reducing Emissions Through Coal Not Oil, Gas Phase-Out Plays Down Onus on Rich Nations
1 year, 10 months ago

Science-Wise: Reducing Emissions Through Coal Not Oil, Gas Phase-Out Plays Down Onus on Rich Nations

News 18  

Phase-out of coal-fired power is important, not just for climate, but for the health of millions of people who suffer from its far-reaching consequences. According to the research published in the peer-reviewed science journal Nature Climate Change, the IPCC 1.5℃ pathways have played down the responsibility of rich nations in reducing CO2 emissions, by laying more emphasis on coal, than …

India’s just energy transition is more than a coal story
1 year, 10 months ago

India’s just energy transition is more than a coal story

The Hindu  

Just Energy Transition Partnership is emerging as the key mechanism for multilateral financing by developed countries to support an energy transition in developing countries. Transitions affect near-term fossil-dependent jobs, disrupt forms of future energy access, shrink state’s capacity to spend on welfare programmes, and thus exacerbate existing economic inequities between coal and other regions. The emphasis by developed countries’ on …

India expects utilities' annual coal demand to surge about 8% after renewables shortfall
1 year, 11 months ago

India expects utilities' annual coal demand to surge about 8% after renewables shortfall

The Hindu  

India expects its power plants to burn about 8% more coal in the fiscal year ending March 2024, according to a senior government official and a Power Ministry presentation, after the country missed its 2022 renewable-energy goal by more than 30%. India expects utilities' coal demand to reach 821 million tonnes in 2023-24, according to the presentation. India is expected …

Parsa Venkateshwar Rao Jr | No easy ‘green’ solutions for coal-carbon dilemma
2 years, 1 month ago

Parsa Venkateshwar Rao Jr | No easy ‘green’ solutions for coal-carbon dilemma

Deccan Chronicle  

India’s carbon emissions in 2022 are six per cent compared to the United States’ 1.5 per cent, according to the Global Carbon Budget, released at COP27, the climate conference now underway at Sharm el-Sheikh in Egypt. US treasury secretary Janet Yellen had announced during her recent visit to New Delhi last week a $500 million solar facility in Tamil Nadu …

India’s energy future is looking green, report says
2 years, 2 months ago

India’s energy future is looking green, report says

Associated Press  

BENGALURU, India — India’s renewables sector is booming, with the country projected to add 35 to 40 gigawatts of renewable energy annually until 2030, enough to power up to 30 million more homes each year, a report said Thursday. The Institute for Energy Economics and Financial Analysis and Climate Energy Finance estimated that India, the third largest energy-consuming country in …

Decarbonising Odisha’s Largest Coalfield Reserve In Angul Is A Herculean Task
2 years, 3 months ago

Decarbonising Odisha’s Largest Coalfield Reserve In Angul Is A Herculean Task

The Quint  

A New Delhi-based think tank– iForest recently conducted a survey on the just transition challenge in Angul. ‘Just Transition’ refers to energy transition in any area from fossil fuel-based energy like coal to clean energy, by ensuring justice to the communities involved in livelihoods that produce polluting sources of energy. The study that followed the survey stated that the coal …

India’s Energy-Environment Catch-22
2 years, 5 months ago

India’s Energy-Environment Catch-22

The Diplomat  

Rani, a domestic worker in New Delhi, travels 10-15 kilometers every day from her cramped urban slum in Goyla Dairy, Najafgarh, to high rise buildings in Dwarka. While India plans to reach carbon neutral status by 2070, extreme weather events like the recent heatwaves keep pushing India’s energy sector to depend on traditional coal in the absence of enough renewable …

India’s changing goal posts over coal
2 years, 6 months ago

India’s changing goal posts over coal

The Hindu  

The story so far: In April, Finance Minister Nirmala Sitharaman said India’s transition away from coal as a fuel for power would be hampered by the Russia-Ukraine war. As the World Coal Association CEO Melissa Manook put it while on her India visit recently, “Coal will still be a significant contributor in the energy sector even in 2040!” How has …

India to face wider coal shortages, worsening power outage risks
2 years, 6 months ago

India to face wider coal shortages, worsening power outage risks

The Hindu  

India is expected to face a wider coal shortage during the quarter ending September over expectations of higher power demand, an internal Power Ministry presentation seen by Reuters showed, worsening risks of widespread power outages. The energy-hungry nation expects local coal supply to fall 42.5 million tonnes short of demand in the September quarter, 15% higher than previously projected, due …

Coal India to open big, new mine this year to fight power crisis
2 years, 6 months ago

Coal India to open big, new mine this year to fight power crisis

The Hindu  

State-run Coal India will open this year what is expected to become one of the country's biggest coal mines, officials said, as India struggles to keep pace with surging power demand. Output from the new Siarmal mine in eastern Odisha state would rise gradually, reaching capacity of 50 million tonnes in about five to seven years, Vinayak Jamwal, spokesman for …

‘Fossil fuels are a dead end’: UN chief emphasises renewable energy projects
2 years, 7 months ago

‘Fossil fuels are a dead end’: UN chief emphasises renewable energy projects

Hindustan Times  

NEW DELHI: Guterres’s statement came even as the World Meteorological Organisation – the UN agency which covers weather, climate and water resources – launched its State of the Climate report. United Nations general secretary Antonio Guterres, noting the global energy crises which prompted large economies to open new oil and gas fields, has proposed five critical actions to jump-start the …

Heat wave sparks blackouts, questions on India’s coal usage
2 years, 7 months ago

Heat wave sparks blackouts, questions on India’s coal usage

Associated Press  

NEW DELHI — An unusually early and brutal heat wave is scorching parts of India, with acute power shortages affecting millions as demand for electricity surges to record levels. Government rules mandate that power plants maintain 24 days’ worth of coal stocks, but many routinely don’t, said Vibhuti Garg, an energy economist at the Institute for Energy Economics and Financial …

Heat wave sparks blackouts, questions on India's coal usage
2 years, 7 months ago

Heat wave sparks blackouts, questions on India's coal usage

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy An unusually early and brutal …

India coal crisis: More than 700 trains cancelled to ramp up supply amid heatwave and power shortages
2 years, 7 months ago

India coal crisis: More than 700 trains cancelled to ramp up supply amid heatwave and power shortages

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy India’s railways have cancelled 753 …

Coal crisis: Finally, some good news! Amid power crisis, Coal India production increases by over 27%
2 years, 7 months ago

Coal crisis: Finally, some good news! Amid power crisis, Coal India production increases by over 27%

India TV News  

Highlights CIL's coal production increases by 27.2 pc in April Several states have reported power outages amid the coal crisis Indian Railways prioritize priority routes for coal wagons to speed up movement of coal rakes Coal crisis: As several states report power outages amid the coal crisis, Coal India Limited has reported an increase of 27.2 per cent in its …

Explained | How quickly can India move away from coal?
2 years, 8 months ago

Explained | How quickly can India move away from coal?

The Hindu  

The story so far: On Friday, Tamil Nadu Chief Minister M.K. Decline in coal stocks and the resulting power outages in several States have spurred queries of renewable energy’s potential to fill in for the conventional resource. The India Energy Outlook 2021 report of the International Energy Agency said energy use in India has doubled since 2000, with 80% of …

Coal demand in India to surge by 63% in 2030, says Union minister
2 years, 9 months ago

Coal demand in India to surge by 63% in 2030, says Union minister

Live Mint  

Coal demand is set to peak by 63% by the year 2030. The draft Economic Survey 2021-22 projects coal demand in the range of 1.3-1.5 billion tonnes by 2030. Union Minister of Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi on Wednesday in a written reply in Lok Sabha said that in India, transition away from coal is not happening …

Indian lenders reduce funding for coal projects, clean energy gets more loans for 3rd straight year
3 years ago

Indian lenders reduce funding for coal projects, clean energy gets more loans for 3rd straight year

Live Mint  

Indian lenders channeled more funds to clean energy projects compared to coal-based ones for a third straight year in 2020 with more expected to flow into the renewables sector in the coming years after Prime Minister Narendra Modi unveiled ambitious goals last month for cutting emissions. Clean energy projects got 74% of the total funds from financial institutions last year, …

India’s coal transition: A market case for decarbonisation
3 years, 1 month ago

India’s coal transition: A market case for decarbonisation

Hindustan Times  

Progress as the world has designed and defined it requires material production which, in turn, requires energy. Some scholars regarded the switch to coal as a “necessary condition for the industrial revolution.” Others held that the “Industrial Revolution did not absolutely ‘need’ steam…nor was steam power absolutely dependent on coal.” A November 2020 paper by Fernihough and O’Rourke may just …

For India to Become Coal-free, Start with More Foreign Capital Flow to Green Sectors
3 years, 1 month ago

For India to Become Coal-free, Start with More Foreign Capital Flow to Green Sectors

News 18  

Progress, as the world has designed and defined it, requires material production which, in turn, requires energy. Those cities, the researchers wrote, “located 49 km from the nearest coalfield grew 21.1 percent faster after 1750 than cities located 85 km further away.” It is no wonder then, that in March this year, International Energy Agency chief Fatih Birol said it …

Can renewables meet the growing demand of more than 1 billion people in India?
3 years, 1 month ago

Can renewables meet the growing demand of more than 1 billion people in India?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “When we are all increasing our ambition on climate …

Ambiguities remain amid India's pledges at COP26
3 years, 1 month ago

Ambiguities remain amid India's pledges at COP26

Deccan Chronicle  

Pared of its rhetoric-as-usual toolkit, Prime Minister Narendra Modi’s quantitative commitments at the UN’s Conference of the Parties 26 in Glasgow earlier this month require a closer look than usual. Of the five key commitments, the first one about “net zero” carbon emissions by 2070 remains a distant target as of now though there would be a need for policy …

Why the coal crisis is a wake-up call for both Coal India and the Centre
3 years, 1 month ago

Why the coal crisis is a wake-up call for both Coal India and the Centre

India Today  

In early October, the country was shocked by the prospect of a sudden, major power crisis. Coal-fired power stations, which produce 70 per cent of India’s power, announced they had an average of four days of coal left, the lowest in years. As much as 80 per cent of India’s coal demand is met from domestic production. While India’s total …

India's energy crisis: Coal shortage an opportunity to fully explore renewable, nuclear options
3 years, 2 months ago

India's energy crisis: Coal shortage an opportunity to fully explore renewable, nuclear options

Firstpost  

The current crisis should be seen as a window of opportunity to not go back to producing more coal but to begin the transition to explore green and renewable energy With a coal shortage at thermal power projects persisting and India continuing to grapple with an energy crisis, the need of the hour is for the Centre to shift focus …

Explained | What is the extent of India’s coal crisis?
3 years, 2 months ago

Explained | What is the extent of India’s coal crisis?

The Hindu  

The story so far: India could be on the verge of a power crisis as the stock of coal held by the country’s thermal power plants has hit critically low levels. According to data released by the Central Electricity Authority, as of Wednesday, India’s 135 thermal power plants overall had on average coal stock that would last just four days. …

Watch | India on the brink of a power crisis due to coal shortage
3 years, 2 months ago

Watch | India on the brink of a power crisis due to coal shortage

The Hindu  

The world is facing an energy crunch as the supply of natural gas, coal and other energy sources fail to adequately satisfy growing demand. Amid this global energy crisis, a power crisis is brewing in India with the country's power plants running on critically low coal stocks. Three out of four power plants in the country possess less than a …

As India Readies to Dig Up More Coal, Top Energy Body Warns Against Emmissions
3 years, 2 months ago

As India Readies to Dig Up More Coal, Top Energy Body Warns Against Emmissions

News 18  

As India’s power plants grapple with coal shortages and the Centre scrambles to augment production of the dry fuel, one of the world’s leading energy agencies has urged nations to cut greenhouse gas emissions, warning that the world is not on track to meet environmental goals and that new investment in clean energy was needed to jolt the energy system …

Explained: Why India is facing a severe shortage of coal
3 years, 2 months ago

Explained: Why India is facing a severe shortage of coal

India Today  

Amid rising demand following the second wave of Covid-19 pandemic, India is facing a severe shortage of coal on the domestic front. While Coal India has assured of scaling up production to meet the current demand, rising prices of imported coal has made it difficult for Indian firms to run their operations smoothly. With rising power demands in the domestic …

Deaths in Delhi may double in 9 years due to coal pollution: Research
3 years, 2 months ago

Deaths in Delhi may double in 9 years due to coal pollution: Research

India Today  

According to a new study, the number of deaths due to coal pollution could almost double in the next nine years with almost 5,280 premature deaths expected by 2030. According to a report published in Times of India, Delhi recorded 330 premature deaths due to coal-related pollution in one year. Research shows 37 coal units around Delhi generating 6.6GW of …

Coal India may hike coal prices by 10% to tide over cost push, wage revision
3 years, 3 months ago

Coal India may hike coal prices by 10% to tide over cost push, wage revision

India TV News  

Mining major Coal India Ltd might raise prices of the dry fuel by at least 10-11 per cent to mitigate the impact of increased costs and an impending wage revision, sources close to the development said. "On an average, non-power coal is 15-20 per cent higher than power consumers," the sources said. Coal India had in 2017 signed a wage …

Mapping costs for early coal decommissioning in India
3 years, 4 months ago

Mapping costs for early coal decommissioning in India

Hindustan Times  

To stop the further acceleration of the climate crisis, the world needs to transition to clean energy sources. To improve the coal plant mix towards new and efficient plants and accommodate the transition from coal-based assets to RE technologies, the country can opt for early decommissioning of some excess coal capacity. The costs, drivers and savings of an early decommissioning …

Global efforts to stop climate change won't be as successful if India doesn't step up
3 years, 8 months ago

Global efforts to stop climate change won't be as successful if India doesn't step up

Firstpost  

Global efforts to arrest climate change and keep Earth liveable will fail without a jumbo-sized effort from India to halt emissions growth that could wipe out ambitious carbon reduction targets elsewhere. But India bristles at being told what to do, particularly by Western countries that bear far more historical responsibility for climate change and still have much higher per capita …

India may build new coal plants due to low cost despite climate change
3 years, 8 months ago

India may build new coal plants due to low cost despite climate change

The Hindu  

India may build new coal-fired power plants as they generate the cheapest power, according to a draft electricity policy document seen by Reuters, despite growing calls from environmentalists to deter use of coal. But a 28-page February draft of the National Electricity Policy 2021 — which has not been made public — showed India may add new coal-fired capacity, though …

Six charts show hard it is for India to hit net zero by 2050
3 years, 9 months ago

Six charts show hard it is for India to hit net zero by 2050

Live Mint  

Top Indian government officials are debating whether to set a target for net-zero greenhouse gas emissions by 2050. Committing to a legally binding net-zero target would help India attract some of the trillions of dollars in investment that’ll be required for a green transformation, lawmaker Jayant Sinha, a member of Prime Minister Narendra Modi’s Bharatiya Janata Party and an advocate …

Climate Change Tracker: 50 biggest economies give green covid recovery a miss
3 years, 9 months ago

Climate Change Tracker: 50 biggest economies give green covid recovery a miss

Live Mint  

In the immediate aftermath of the easing of global lockdowns last year, the United Nations had urged the world’s governments to re-build economies shattered by the covid-19 pandemic on the back of renewable energy. A new report published on 10 March by the Oxford University Economic Recovery Project and the United Nations Environment Programme, states that only 18% of recovery …

Big change in energy mix needed to achieve net-zero emissions in 2060s: IEA
3 years, 10 months ago

Big change in energy mix needed to achieve net-zero emissions in 2060s: IEA

Hindustan Times  

A new report on India’s energy scenario has flagged that the country will have to adopt big changes in its energy mix to be able to transition to net-zero emissions by the mid-2060s. To achieve net-zero emissions by the 2060s, India’s energy sector will need a profound transformation, the India Energy Outlook of International Energy Agency has said. Big change …

Govt may close some dirty coal plants as green focus grows
4 years, 2 months ago

Govt may close some dirty coal plants as green focus grows

Live Mint  

India is considering a proposal that may force some of its dirtiest coal plants to close, as policy makers in one of the world’s top polluters increasingly focus on climate change. The plan under consideration by the power ministry would cap plants’ so-called heat rate, which is a measure of how much coal energy is needed to produce each unit …

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