POWER SHORTAGE
UK's new PM has a plan to rebuild Britain. But he's short on one crucial thing - skilled workers Labour's plan to boost clean power and build 1.5 million homes faces a critical shortage of skilled workers. UK industries, hit by Brexit and lack of training, struggle to meet net zero targets. Energy companies fear job vacancies will soar, pushing...
14 Jul, 2024, 11.27 AM ISTMetal thieves are stripping America's cities Los Angeles' 6th Street Bridge, known as the "Ribbon of Light," is now dark at night, and stretches of the busy 405 freeway and dozens of street blocks across the city are also affected. Thieves have been stripping copper wire from thousands of stre...
10 Jul, 2024, 01.51 PM ISTNot politics, not interest rates: India's surging economy at risk from water India is facing a growing water crisis, with the country's growing water stress potentially impacting its growth. The country's growing water stress could affect agricultural production and industrial operations, leading to food inflation and declin...
04 Jul, 2024, 10.09 AM IST
India’s growing water shortage may weigh on its credit health: Moody’s India is facing a growing water shortage as consumption is rising amid a rapidly growing economy and frequent natural disasters which is detrimental to the credit health of the country, and for sectors like power generators and steelmakers that are ...
25 Jun, 2024, 01.54 PM ISTIndia's bubbling water crisis can spark social unrest, exacerbate volatility in economy's growth: Moody's Reduced water availability has the potential to interrupt both agricultural and industrial activities, leading to increased food prices and income reductions for impacted businesses and workers, particularly farmers. This situation may lead to socia...
25 Jun, 2024, 10.21 AM ISTTo address talent shortage, chipmakers skilling engineering students Firms like Intel India, AMD, Applied Materials and Tessolve are teaming up students and employees to work on real-life projects, establishing labs in institutes like IIT-Bombay, driving industry-academia partnerships to conduct research in core desi...
20 Jun, 2024, 07.12 AM ISTIndia sees record peak demand for power in north as heatwave persists The India Meteorological Department (IMD) has predicted above-normal temperatures for June in the northwest and central parts of the country, making it one of the longest heatwave spells.
18 Jun, 2024, 04.40 PM ISTCentre has addressed coal shortage over last decade: Coal and Mines Minister G Kishan Reddy Union Coal and Mines Minister G Kishan Reddy highlighted the significant increase in coal production over the past decade to meet power demands, addressing previous coal shortages and power cuts. Reddy assured that the BJP's election manifesto goals...
13 Jun, 2024, 03.36 PM ISTJapan's economy is shrinking, although slightly less than previously thought Japan GDP growth: Revised government data shows Japan's economy shrank at an annual rate of 1.8%, an improvement from the initial estimate of 2.0%. Private sector investments were revised to minus 0.4%. Weak consumer spending, a depreciating yen, an...
10 Jun, 2024, 10.03 AM ISTContainer shortage is shipping’s Achilles’ heel An initial surge in freight prices — prompted by ships taking the much longer route around the Cape of Good Hope — petered out in March, yet prices have now surged even higher.
05 Jun, 2024, 09.47 AM ISTOverheating electricity: How India can address supply shortages and renewable energy challenges With temperatures soaring to record levels across India, the Government of India has taken steps to address the impending surge in electricity demand by instructing idling power plants to increase operations. This move comes as a response to the hig...
30 May, 2024, 03.59 PM ISTPeak power demand at record high of 246.1 GW on Wednesday India's peak power demand reached a record 246.1 GW, surpassing the previous record set in September. The heatwave conditions in the northwest and central parts of the country have led to a sharp surge in demand for electricity. The government expec...
30 May, 2024, 01.25 AM ISTDelhi sears at nearly 50°C, hits highest maximum temperature this summer Temperatures in parts of Delhi, including Mungeshpur, Najafgarh, and Pitampura, reached nearly 50°C on Wednesday morning as a heatwave gripped northern and central India. Churu in Rajasthan and Sirsa in Haryana saw maximum temperatures slightly exce...
29 May, 2024, 09.52 AM ISTPeak power demand breaches estimated 235-GW mark for May India's peak power demand surpassed the estimated 235 GW mark on May 23 due to heat wave conditions. Peak 'power demand met' reached 236.9 GW by 1500 IST, with the peak shortage yet to be analyzed.
24 May, 2024, 12.13 AM ISTApple supplier Foxconn among firms asked to cut power use in Vietnam The request for energy-saving measures, which two other industry sources said was sent to multiple manufacturers, is precautionary and aimed at averting a repeat of last summer when power shortage led to over a billion dollars in lost output.
21 May, 2024, 04.08 PM ISTTata Power to target 20% share in PM Surya Ghar Muft Bijli Yojana: CEO "The expectation is that in the next 4-5 years, about 25-30 GW of capacity will be added. We are looking to cover about 20% of this but it will be over five years. It will be flat in the initial years but possibly from the second or third year, we w...
12 May, 2024, 11.44 PM ISTIndia projects biggest power shortfall in 14 years in June India faces severe power shortfall, deferring maintenance and restarting idle units post-hydro decline. Efforts to maximize generation ongoing to meet demand, with focus on renewables and existing plants. Grid-India projects peak night-time demand.
09 May, 2024, 06.56 PM ISTPower Min asks imported coal-based plants to run at full capacity till Oct 15 The Ministry of Power has instructed all thermal plants using imported coal to operate at full capacity until October 15 to prevent electricity shortages amid surging demand. With the summer season projecting a peak power demand of 260 GW, the move ...
15 Apr, 2024, 03.51 PM ISTAmid rising likelihood of a scorcher of a summer, govt powers up to help India fight extreme temperature The Indian Meteorological Department (IMD) predicts extreme heat in India during April-June this year, particularly impacting central and western regions. More heatwave days are expected this year in most of the plains during summer, the IMD says.
04 Apr, 2024, 05.29 PM ISTWhat heat waves spell for India: Impact on RBI, biz, food & GDP Weather experts warn of increasing heat waves in India, impacting daily life, business, and economy. With hotter temperatures forecasted, power demand is expected to rise, putting pressure on power generation and potentially leading to power cuts. H...
04 Apr, 2024, 03.16 PM IST