Energy plays a vital role in the development of any economy and given its unequal distribution trade in energy, especially fossil fuels, is an important component of international trade. In the past, due to its public good characteristics, energy-related services were mostly supplied by the government. With liberalization and globalization the sector underwent
Among all the possible fuels that can produce a zero-emission car, petrol must rank right at the bottom, if at all. But for mechanical engineer Andrei Fedorov, petrol is the right fuel, or at least good enough, to run a zero-emission car.
Staff shortages in the US fossil-fuel industry are good news for geologists, chemists and physicists. The boom is likely to continue despite the economic downturn and the rise of renewable energy, says Emma Marris.
CHENNAI: Solar energy, especially solar thermal, is the ultimate option to meet the growing energy needs, according to Mohan Verghese Chunkath, Chairman and Managing Director, Tamil Nadu Energy Development Agency (TEDA).
The International Energy Agency (IEA) visualises renewable energy (wind, solar and hydel) outgrowing gas-based energy and becoming the second largest source of electricity, after coal, as early as 2015.