Energy Secretary Ernest Moniz is in India today in an effort to soothe tensions from a diplomatic issue and trade dispute over solar panels, and to renew coordination on climate change and energy policy, E&E reports.
NEW DELHI (AP) — For six years in a row, India's monopoly coal producer has missed its production targets, leading to chronic electricity shortages and sending power producers scrambling for pricier imports. But what looks like a looming crisis could turn out to be an almost accidental energy overhaul.
Like many developing nations, India has relied for decades on cheap coal to provide electricity for burgeoning industry and fast-expanding cities, putting aside worries about pollution and global warming.
But from three years ago when solar capacity was almost zero, the country has added 2.2 gigawatts of solar to its electricity grid, enough to power 20 million Indian homes. It plans another 2 GW this year, toward a total 15 GW addition by 2017. Individual states plan even more. India has also added about 26 GW in coal-fired capacity since 2011, but already plants are sitting idle for lack of cheap supply.
WASHINGTON (AP) — Obama administration officials faced the prospect of contentious questioning Thursday from lawmakers about reports that China and India are significantly expanding imports of Iranian petroleum.
When world powers reached an interim nuclear deal with Iran three months ago, U.S. officials stressed that they weren't easing oil trade restrictions against Tehran. This month, President Barack Obama threatened to come down like a "ton of bricks" on countries that circumvent those penalties.
Nevertheless, Chinese imports of Iranian crude have jumped nearly 30 percent since November compared with the previous six months, according to government data. Some reports suggest Indian imports doubled in January; U.S. officials believe the growth was far more modest.
Foreign investors from the Middle East to Europe are flocking to buy into power plants in India, assessing that the prospects of gains fueled by high demand outweigh the risks which turn many into money losing ventures, The Wall Street Journal reports.
Calgary-based Husky Energy Inc. on Wednesday shipped the first-ever supply of Canadian oil to India, marking the beginning move of a push among Canadian producers to send oil to markets beyond the U.S., The Wall Street Journal reports.
Indian officials said they plan to dispute the United States' World Trade Organization complaint that alleges India has restrictive market policies to limit imports of American solar panels, Bloomberg reports.
WASHINGTON (AP) — The U.S. brought a trade complaint against India Monday over a solar energy program it says discriminates against American manufacturers, adding another wrinkle to a bilateral relationship strained by the recent arrest and strip-search of an Indian diplomat.
It is the second time in a year that Washington has requested dispute settlement consultations with India over the program that it contends violates World Trade Organization rules by requiring suppliers use Indian-manufactured solar cells and modules.
U.S. officials say the trade case was in the works long before the December arrest of India's deputy consul general in New York, Devyani Khobragade, who was accused of visa fraud and under-paying her maid. In a compromise, Khobragade was indicted then deported in January, and both governments say they want to repair the relationship.
NEW DELHI (AP) — Think twice before taking a deep breath in New Delhi, where worsening air pollution has drawn comparisons with Beijing, the world's pollution poster child.
On bad days in India's congested capital, the air is so murky it slows traffic to a crawl. Conversations are punctuated with rasping coughs. Weak bands of sunlight filter through a grainy sky.
Air monitoring sensors around the landlocked Indian capital have routinely registered levels of small airborne particles at "hazardous" levels in recent months — three to four times New Delhi's own sanctioned limit, rivaling Beijing.
Indian industry are encouraged by Veerappa Moily's new dual role as oil minister and environment minister, a development marked by the approval of 100 long-stalled projects since December 24, Reuters reports.
Less than 8 percent of the crude contracted to flow through the proposed Keystone XL pipeline would come from the U.S, according to another document from TransCanada to the State Department, made public Tuesday, E&E reports.
The crude supply at the Cushing hub dropped 8 percent to 32.1 million barrels at the end of last month, the lowest since Nov. 2011, according to the Energy Information Administration, which says the southern leg of the Keystone XL pipeline is draining it, FuelFix reports.
Union leaders joined the American Petroleum Institute in publicly renewing their demand that the Obama administration approve construction of the northern segment of the Keystone XL pipeline, unleashing a blast of anger at the president in the process, The Hill reports.
The Senate Intelligence Committee has just one hurdle left to overcome before reaching agreement on the language of a cyber security bill, regarding liability protection, Sen. Saxby Chambliss, R-Ga., said at a hearing Tuesday, The Hill reports.
Sen. Mary Landrieu, D-La., facing a tough re-election battle this year, stayed away from her party's round-the-clock climate speeches overnight, but got a blast of criticism from the National Republican Senatorial Committee anyway, National Journal reports.
Key bondholder Fidelity Investments may be dragging its heels, but other players involved in trying to get bankruptcy proceedings underway for Energy Future Holdings Corp. are in agreement, and hoping to move quickly on the plans, Bloomberg Businessweek reports.
Industry and even backers of Interior Secretary Sally Jewell are getting frustrated with the slow pace of the rollout of her department's new master leasing plans, intended to balance the interests of companies seeking to mine the mineral wealth of federal land against those of hunters, anglers and wildlife supporters, E&E reports.
Activist investors, already successful at pushing Chesapeake Energy and other companies to cut their debt, are likely to keep up the pressure, and lobby firms to fight climate change as well, according to Moody's Investors Service, FuelFix reports.
The power could run out on the Energizing Indiana program at the end of the year, as the state's Senate has voted to join the house in approving a measure to shut it down, although Gov. Mike Pence hasn't yet decided if he'll go along, the Indianapolis Star reports.