NEW DELHI: Reacting to a report citing India will need no coal-based power plant after 2025, the World Coal Association (WCA) said it is not credible to suggest that the country can achieve universal energy access and develop its economy without coal in the next 10 years, regardless of the country's investment in renewables.
WCA chief executive officer Benjamin Sporton said, "India's energy needs are too huge for any suggestion that it will not need coal in the future. In a country where 244 million have no electricity and 819 no access to clean cooking facilities, it is impossible to find a solution without coal being part of the energy mix- Coal is essential to global efforts to achieving universal energy access. "
The Energy and Resource Institute (TERI) on Monday said that excess power generation capacity provides India an opportunity to shift completely to green energy. The study by TERI said if the country can halve storage technology prices by 2024 it can do without the need for new coal-based plants. TERI report is partially in line with a recent report by the Central Electricity Authority that said the country does not need new coal based power generation capacity till 2022.
WCA said for a country like India, it's not a choice between coal and renewables - both are needed and both will play a big role. Renewables have an important role to play but coal will remain the driving force behind electrification and industrialisation and according to the International Energy Agency (IEA), coal will continue to make the largest contribution to electricity generation in India through to 2040.
WCA said although the competitiveness of renewables and gas-fired technology in India is likely to improve over time, coal is expected to remain the most affordable option through to 2035.
Given India is exploring emerging technology such as battery storage we would encourage them to also support CCS. In India there is an unsubsidised, fully commercial CCUS facility which has been operating since 2015. This CCUS project from Carbon Clean Solutions in the port of Tuticorin has been able to significantly reduce the costs associated with capturing the CO2.
"There is an assumption that we can get rid of coal, and only by doing so can we meet climate objectives. This is false. Coal plays a critical role in the world's energy mix and is going to do so for a very long time to come, especially for a country like India where the need for stable, reliable and affordable energy has never been greater," Sporton said.
See the article here:
India can't write-off coal-based energy so soon: World Coal Association - Economic Times
- Recruitment - Wikipedia [Last Updated On: January 27th, 2017] [Originally Added On: January 27th, 2017]
- Resource-based economy and pay-it-forward | The Moneyless ... [Last Updated On: January 30th, 2017] [Originally Added On: January 30th, 2017]
- A Resource Based Economy - worldsocialism.org [Last Updated On: January 30th, 2017] [Originally Added On: January 30th, 2017]
- Trump's Flawed Logic Regarding US-Mexico Relations - Fair Observer [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Economic freedom achievable through knowledge based economy, innovative technical skill development - President - Asian Tribune [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Younger generation inheritors of knowledge-based economy: President - Lanka Business Online [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Morguard - 2017 Real Estate Investment Trends to Watch in Canada - Canada NewsWire (press release) [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Ask Yourself These Two Questions About America's Economic Future - Fortune [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- The Informal Economy and Decent Work: A Policy Resource ... [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Thunder Bay's population experiencing low growth - Tbnewswatch.com [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Substantial investment in agriculture needed to ensure enough food for all - Daily Nation [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Can Russia project power while battered by economic woes? - Asia Times [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- When will Russia finally break its 'resource curse'? - Russia Direct [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- TEA & TWO SLICES | On Giant Snow Penises And Christy Clark's Shudder-Worthy Interview - Scout Magazine (blog) [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Can Russia project power while battered by economic woes ... - MENAFN.COM [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Siemens backs Qatar''s economic ambitions with innovation - MENAFN.COM [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- The 'Dutch disease' reexamined: Resource booms can benefit the wider economy - USAPP American Politics and Policy (blog) [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Charles Lawton: Here's a proposal to create real equality of job opportunity - Press Herald [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- The pathologies of redistributive resource transfers - Livemint [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Jessica Wright: Well-managed farmland benefits community, watershed - Conway Daily Sun [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Evaluate FLSA for its Ability to Keep Pace with Today's Workplace, SHRM Tells House Subcommittee - SHRM [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Officials hope fiber optic expansion helps diversify Decatur's economy - The Decatur Daily [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- 10th Biennial Nehalem Bay Estuary Cleanup set - Tillamook Headlight-Herald [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Howard gives Barnett a hand on hustings - The West Australian [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]
- EDITORIAL COMMENT: Let's celebrate President's birthday with ... - Chronicle [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Kentucky Main Street Program Communities Contributed $110M to State Economy in 2016 - WMKY [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- GM, Steelcase see a web of opportunity in the circular economy - GreenBiz [Last Updated On: February 21st, 2017] [Originally Added On: February 21st, 2017]
- The sputtering energy economy: Can it be revved up? - Meridian Star [Last Updated On: February 21st, 2017] [Originally Added On: February 21st, 2017]
- The difference between Malcolm Turnbull and Justin Trudeau - The Australian Financial Review [Last Updated On: February 21st, 2017] [Originally Added On: February 21st, 2017]
- In the Face of a Trump Environmental Rollback, California Stands in ... - Yale Environment 360 [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- Report: Boundary Waters nets $77 million from summer visitors - Duluth News Tribune [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- DENIM SPIRIT: An economy based on abundance - Finger Lakes Times [Last Updated On: February 23rd, 2017] [Originally Added On: February 23rd, 2017]
- HR International to hold confab on African economy - Guardian [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Event promotes innovation and technology expansion - News - Castlegar News [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- The Venus Project Plans to Bring Humanity to the Next Stage of Social Evolution. Here's How. - Futurism [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Best returns since 1900? Resource based countries, including ... - Financial Post [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Economic growth projected for Saskatchewan in 2017 | Regina ... - Regina Leader-Post [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Energy as a Model for US-Mexico Economic Partnership - RealClearEnergy [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Science and Technology: Minister says FG will harness natural ... - Pulse Nigeria [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Montana Jobs Not Well Positioned - Big Sky Business Journal - Big Sky Business Journal [Last Updated On: February 25th, 2017] [Originally Added On: February 25th, 2017]
- The future of WA's economy: Life beyond mining - WAtoday [Last Updated On: February 27th, 2017] [Originally Added On: February 27th, 2017]
- Verdant Zeal set to celebrate decade of providing media solutions - Guardian [Last Updated On: February 28th, 2017] [Originally Added On: February 28th, 2017]
- Lessons from Canada's scientific resistance - Bulletin of the Atomic Scientists [Last Updated On: February 28th, 2017] [Originally Added On: February 28th, 2017]
- St Ann can do better Earl Jarrett - Jamaica Gleaner [Last Updated On: February 28th, 2017] [Originally Added On: February 28th, 2017]
- Firm canvasses technology strategy - The Nation Newspaper [Last Updated On: March 3rd, 2017] [Originally Added On: March 3rd, 2017]
- Mandryk: Next Saskatchewan boom needs to be from our heritage fund - Regina Leader-Post [Last Updated On: March 3rd, 2017] [Originally Added On: March 3rd, 2017]
- Bank of Canada channels Al Gore - Toronto Sun [Last Updated On: March 3rd, 2017] [Originally Added On: March 3rd, 2017]
- Australia's economy has been growing for 25 years straight Quartz - Quartz [Last Updated On: March 4th, 2017] [Originally Added On: March 4th, 2017]
- The Venus Project envisions a sustainable redesign of our cities and civilization - Inhabitat [Last Updated On: March 4th, 2017] [Originally Added On: March 4th, 2017]
- State's high-tech hits $1 billion economic milestone - Daily Inter Lake [Last Updated On: March 7th, 2017] [Originally Added On: March 7th, 2017]
- The startup economy - Canadian Lawyer Magazine [Last Updated On: March 7th, 2017] [Originally Added On: March 7th, 2017]
- Nehalem Bay Estuary Cleanup - North Coast Citizen [Last Updated On: March 7th, 2017] [Originally Added On: March 7th, 2017]
- Pipelines to be a 'fundamental' issue for NDP leadership race: Julian - Hill Times (subscription) [Last Updated On: March 8th, 2017] [Originally Added On: March 8th, 2017]
- Prime Minister Trudeau, no fan of the middle class - Hill Times (subscription) [Last Updated On: March 8th, 2017] [Originally Added On: March 8th, 2017]
- Finally, Democrats Have A Pro Wrestler In Their Corner - Huffington Post [Last Updated On: March 9th, 2017] [Originally Added On: March 9th, 2017]
- WA election: Labor outlines campaign costings and debt reduction plan - ABC Online [Last Updated On: March 9th, 2017] [Originally Added On: March 9th, 2017]
- WA election: Death threats, One Nation legal action, stadium stoush campaign trail action - ABC Online [Last Updated On: March 9th, 2017] [Originally Added On: March 9th, 2017]
- Russia, Israeli firm agree to invest $100 mln in Russia's dairy industry - Reuters [Last Updated On: March 10th, 2017] [Originally Added On: March 10th, 2017]
- Maine deserves a chance to capitalize on the North Woods monument - Bangor Daily News [Last Updated On: March 10th, 2017] [Originally Added On: March 10th, 2017]
- MAN, RMRDC, others to promote resource-based MSMEs,funding - The Nation Newspaper [Last Updated On: March 10th, 2017] [Originally Added On: March 10th, 2017]
- Jobs, education focus of Gov. Brown's Prineville visit - KTVZ - KTVZ [Last Updated On: March 10th, 2017] [Originally Added On: March 10th, 2017]
- HIKE NETARTS BAYOCEAN SPIT - North Coast Citizen [Last Updated On: March 11th, 2017] [Originally Added On: March 11th, 2017]
- Jobs versus or for the environment? - Budgeeter News [Last Updated On: March 11th, 2017] [Originally Added On: March 11th, 2017]
- Canada Invests $325 Million in the Fish and Seafood Sector - Yahoo Finance [Last Updated On: March 11th, 2017] [Originally Added On: March 11th, 2017]
- We are taking steps to overhaul economy through knowledge-based ... - TheNewsGuru (satire) (press release) (blog) [Last Updated On: March 11th, 2017] [Originally Added On: March 11th, 2017]
- Canada Invests $325 Million in the Fish and Seafood Sector - Marketwired (press release) [Last Updated On: March 12th, 2017] [Originally Added On: March 12th, 2017]
- Saskatchewan gender, immigrant wage gaps among widest in Canada - Saskatoon StarPhoenix [Last Updated On: April 8th, 2017] [Originally Added On: April 8th, 2017]
- Week in Film: Endless LOLs, an Acid Western, and Great Advice ... - Bedford + Bowery [Last Updated On: April 8th, 2017] [Originally Added On: April 8th, 2017]
- Famous fish the focus of 'steelhead ecology' hike - Tillamook Headlight-Herald [Last Updated On: April 8th, 2017] [Originally Added On: April 8th, 2017]
- 'Explore Nature' sets Cape Lookout hike - Tillamook Headlight-Herald [Last Updated On: April 8th, 2017] [Originally Added On: April 8th, 2017]
- Califonria Lawmakers approve billion dollar gas tax | KBAK - Bakersfield Now [Last Updated On: April 8th, 2017] [Originally Added On: April 8th, 2017]
- Globe editorial: On pipelines, Ottawa must have the final say - The ... - The Globe and Mail [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- Politics biggest determinant of economic future, says Page - Tbnewswatch.com [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- Our Turn: Pass SB 129, save 900 New Hampshire jobs - Concord Monitor [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- We'll Always Have Paris: Trump's Impact On The Climate Agreement - HuffPost [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- A strategy that will make Canadian innovation flourish - The Globe and Mail [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- Ocean Conference Side Events Highlight Cooperation on SDG 14 ... - IISD Reporting Services [Last Updated On: June 7th, 2017] [Originally Added On: June 7th, 2017]
- We must tap 'blue economy' for progress - Daily Nation [Last Updated On: June 8th, 2017] [Originally Added On: June 8th, 2017]
- Minnesota Power Proposes Next Step in EnergyForward Plan - POWER magazine [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- What Utah's Canyon Country Can Tell Us About Trump's Monuments Review - NPR [Last Updated On: June 10th, 2017] [Originally Added On: June 10th, 2017]