Monthly Archives: September 2023

Critical Minerals Market Review 2023

Posted on September 29, 2023 by Now.Solar

Introduction Critical minerals, essential for a range of clean energy technologies, have risen up the policy and business agenda in recent years. Rapid growth in demand is providing new opportunities for the industry, but a combination of volatile price movements, … Continue reading →

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Using Digitalisation in Emerging Markets and Developing Economiesto Enable Demand Response in Buildings

Posted on September 29, 2023 by Now.Solar

Background Rising living standards and decarbonisation policies boost electrification of buildings in EMDEs Electricity demand in buildings is set to increase strongly in emerging markets and developing economies (EMDEs) owing to rising living standards, greater energy access and widespread ownership … Continue reading →

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Coal Market UpdateJuly 2023

Posted on September 28, 2023 by Now.Solar

Global coal demand reached a new all-time high in 2022 As projected in the Coal 2022 report last December, global coal demand reached a new all-time high in 2022, rising above 8.3 billion tonnes (bt). It rose despite a weaker … Continue reading →

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Electricity Market Report UpdateOutlook for 2023 and 2024

Posted on September 28, 2023 by Now.Solar

Executive summaryFalling electricity consumption in advanced economies weighs on global growth in power demand Global electricity demand growth is expected to ease in 2023 before accelerating in 2024. Demand is expected to grow by slightly less than 2% in 2023, … Continue reading →

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Global Gas Security Review 2023Including the Gas Market Report, Q3-2023

Posted on September 27, 2023 by Now.Solar

A new global gas market is taking shape in the aftermath of the 2022 supply shock The global energy crisis triggered by Russia’s invasion of Ukraine transformed natural gas markets in a structural manner with profound implications both for policy … Continue reading →

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Transitioning India’sRoad Transport SectorRealising climate and air quality benefits

Posted on September 27, 2023 by Now.Solar

Executive summaryRoad transport will play a key role in India’s clean energy transition India is among the fastest growing economies globally and will soon become the world’s most populous country. While road transport expansion and improvement typically serve as a … Continue reading →

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Biofuel Policy inBrazil, India andthe United StatesInsights for the Global Biofuel Alliance

Posted on September 26, 2023 by Now.Solar

Executive summaryIndia has proposed a Global Biofuel Alliance that aims to support worldwide development and deployment of sustainable biofuels. The Global Biofuel Alliance (GBA) aims to establish a global partnership of national governments, agencies, industries and other stakeholders to advance … Continue reading →

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10 years of India’s electricity demandin10 charts

Posted on September 26, 2023 by Now.Solar

Indroduction TotalelectricityconsumptioninIndiacrossed1300bil lionunitsbyFY2022,ata5.3% CAGR overthepreceedingdecadefromFY2012.Wehavetriedtobringoutthevariation/paternsin theelectricityconsumptionacrossvariousstatesandconsumercategoriesovertheyears throughtheanalysispresentedhere. Thedashboardsareinteractive,andwilshowadditionalinformationonhoveringthemouse overtheplots.Hoveringonaxesincertainplotsshowsabutontochangethestatesorting. Thefirst8interactivedashboardshavestate-wiseanalysisofthedecadalchangein electricityconsumption.Later2dashboardsareexploratoryinnature.Thestateexplorer alowsuserstoselectastateandviewtrendsanddetailsofelectricityconsumptionwithin theselectedstate.Thecategoryexploreralowstheusertoselectacategory,andview states’sharesinthedecadalchangeintheselectedcategory. -India’selectricityconsumptiongrewataCAGRof5.3% Demandforthedomesticsectorgrewthehighest(7.1%)folowedbyAgriculture(4.9%)andIndustry (4.7%). -Consumercategorywiseshareinthetotalelectricityconsumptionhasremainedmoreorless constantoverthelast10years. -ElectricityconsumptioninFY2022grew at7.7% overFY2021,indicatingarecoveryfrom COVID-19 induceddemandsuppression. -InFY2021-22,Industrycontributedto44% ofthetotalelectricityconsumptionfolowedbythe Domesticcategory(24%)andAgriculture 18% India’stotalelectricityconsumptiongrewby532BUoverthedecade,withIndustry(39%) contributingthehighestfolowedbytheDomestic(32%)andAgriculture(16%)categories ThisdashboardprovidesdatatoexplorethegrowthofelectricityconsumptionduringthedecadeFY2012-22,withinaconsumer categoryacrossstates.Pleaseselectaconsumercategoryfrom theShareofcategoriesgraphontopleftofthedashboardtoview detailsofthatconsumercategory.

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Coal Market Update July 2023

Posted on September 25, 2023 by Now.Solar

Global coal demand is set to remain at all-time highs in 2023 We expect coal demand grew by about 1.5% in the first half of 2023 to a total of about 4 665 Mt, backed by both an increase of … Continue reading →

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Facilitating Decarbonisationin Emerging EconomiesThrough Smart Charging

Posted on September 25, 2023 by Now.Solar

Opportunities to decarbonise can happen if the right measures are taken As emissions are also present in the EV manufacturing and disposal stages, ensuring that the operational emissions of EVs are close to zero, if not negative, helps deepen the … Continue reading →

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Emissions from Oiland Gas Operationsin Net Zero Transitions A World Energy Outlook Special Report on the Oil and Gas Industry and COP28

Posted on September 24, 2023 by Now.Solar

Executive summary The production, transport and processing of oil and gas resulted in 5.1 billion tonnes (Gt) CO2-eq in 2022. These “scope 1 and 2” emissions from oil and gas activities are responsible for just under 15% of total energy-related … Continue reading →

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Thailand’s CleanElectricity TransitionHow accelerated deployment ofrenewables can help achieveThailand’s climate targets

Posted on September 22, 2023 by Now.Solar

Executive summary Decarbonising Thailand’s power system is crucial to its net zero strategy During the 26th Conference of the Parties in 2021, Thailand committed to reach carbon neutrality by 2050, and net zero greenhouse gas emissions by 2065. The country’s … Continue reading →

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Implementing CleanEnergy TransitionsFocus on road transport inemerging economies

Posted on September 22, 2023 by Now.Solar

Executive summary The road transport sector is a cornerstone of robust economic development. It accounted for around 20% of global final energy consumption and about 50% of oil demand in 2021, a similar share to 2000, despite rising demand for … Continue reading →

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Colombia 2023 Energy Policy Review

Posted on September 21, 2023 by Now.Solar

Executive summary Colombia has emerged as a leader in clean energy transition policy making and is an inspiring example of a fossil fuel producing country committed to climate action, based on a long-term decarbonisation pathway and a policy of energy … Continue reading →

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Energy Policy Review Switzerland 2023

Posted on September 21, 2023 by Now.Solar

Executive summarySwitzerland is committed to reach net zero emissions by 2050 and reduce greenhouse gas (GHG) emissions by at least 50% by 2030 compared to 1990. To support this, the government has prepared several pieces of legislation. The long-term Federal … Continue reading →

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Financing Clean Energy in Africa

Posted on September 20, 2023 by Now.Solar

Foreword Energy is central to Africa’s future development, and Africa in turn will play an increasingly important role in shaping global energy trends. How these roles play out in practice will depend in large part on investment, particularly in affordable, … Continue reading →

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THE BREAKTHROUGH AGENDA REPORT 2023

Posted on September 20, 2023 by Now.Solar

FOREWORD Over the past year, we have seen an acceleration in the global low-carbon transition, with progressoften happening faster than most realise. This includes record deployment of solar PV, electric carsand heat pumps, which are all important solutions as countries … Continue reading →

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