The Organisation of Petroleum Exporting Countries is a dominant cartel consisting of producers with large reserves and it has always exercised its price-making power in the crude oil market. However, in the past few years, OPEC has been claiming that it has lost its power to alter crude oil prices. The article explores whether OPEC

The need to meet the growing energy demand from Zambia

Wind energy continues to be the dominant source of renewable power in India. About 8000 MW of wind power capacity has been installed in the country so far. As against this, the share of solar power is abysmally low mainly due to its high initial capital cost and thus, a higher cost of per unit power generation.

Click here to Enlarge View The rapid disappearance of the Arctic sea ice in recent years and a record melt in 2007 due to global warming has led to a mad rush among countries bordering the region to claim petroleum deposits beneath the ocean floor At stake is About 22 per cent of the world

On the face of it, the Indian wind energy sector is booming. Installed wind power capacity has increased six-fold in the last seven years

Renewable Energy Certificates (RECs) are a type of environmental commodity intended to provide an economic incentive tor electricity generation from renewable energy sources. If renewable energy such as wind or solar power is to be supported for global, environmental or a country's energy security objective, it does not matter where the solar or the wind plant is located.

Rajasthan is one of the states that is bestowed with good wind energy potential in the country. Of the 45,000 MW wind energy potential identified by the Ministry of New and Renewable Energy (MNRE) sources, 5,400 MW has been assessed for Rajasthan. An assessment by the Centre for Wind Energy Technology (C-WET), Chennai shows that Rajasthan has encouraging wind profile for harnessing wind power.

Orlando Wagner and Jochen Hauff compare the booming renewables market with other sectors where a boom has been followed by a bust, on the lookout for danger signals. They conclude that the renewable energy sector has strong foundations - but does have some areas of vulnerability, which they examine in detail.