The natural gas industry has enjoyed something of a winning streak in recent years. It found gigantic new reserves, low prices are encouraging utilities to substitute gas for coal, and cities are switching to buses fueled by natural gas.

Aubrey McClendon of Chesapeake Energy blamed

TE Narasimhan / Chennai September 4, 2009, 1:35 IST

Neyveli Lignite Corporation Ltd (NLC) is planning to invest Rs 10,000-12,000 crore in setting up power projects. It is also planning to foray into renewable energy, by setting up wind energy farms and solar units.

This year

Trade freely, free of liability THE Indian government

A pioneering German wind power plant's new high-tech equipment, to capture higher winds further offshore and for longer periods, is exciting the industry.

The Alpha Ventus wind park started this month and operates 45 km off the German-Dutch coast. Existing European wind parks operate only 20 km offshore at the most.

Europe looks set to build slightly more wind capacity this year than in 2008, despite weakening electricity demand due to the economic crisis, the European Wind Energy Association (EWEA) said on Friday.

About 8,600 megawatts of new wind energy capacity will be installed in the European Union's 27 nations in 2009, 1 percent higher than the 8,484 megawatts installed last year, EWEA estimated.

China started construction of the country's first 10-gigawa wind power base in Jiuquan of northwest Gansu province on Saturday as Beijing seeks more clean power to fuel its fast economic growth.

The Scottish government has given the go-ahead to two wind power projects, including one held up in the planning system for five years, that could supply enough clean energy for about 43,000 homes, it said on Friday.

Prachi Raturi Misra

: Today, 10 CEOs will brainstorm on environmental issues in the capital. The CEO roundtable is being organised as a part of the 3rd Renewable Energy India 2009 Expo.

Thumbing their noses at the financial crisis, investors breathe new life into the Indian wind market; new subsidies are poised to take effect, and industry insiders see an upswing in the offing.

The Indian energy supply system has risen from a few thousands of kW capacity in the early fifties to 1,47,402 MW and is growing by the year. However the capacity is unable to keep pace with the growth in demand. The Indian wind energy sector is on the growth path aiming to achieve an installed capacity of about 15,000 MW by 2010.