Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (1057408)	2/27/2018 7:46:51 PM
From: Brumar89	Read Replies (1) \| Respond to of 1578124

30 Or 40 Won’t Do, India Needs At Least 300 Nuclear Reactors Over The Next 50 Years by Jaideep A Prabhu ........... Can this not be achieved via other means, such as solar or wind power? The short answer is no. It is one thing to reduce the burden on the grid by installing solar panels on residential buildings but domestic electricity consumption represents only 22 per cent of the total. Scaling up renewable energy to meet the demands of the next century is a challenge of an entirely different magnitude. Again limiting ourselves to analysing logistical difficulties alone, mining the rare earths for the solar panelling and energy storage required is well beyond global manufacturing capabilities. If India is to have ample energy for its economic growth and that story includes high speed rail, electric cars, and other substitutions of electrical power for fossil fuels, it cannot afford not to get bullish on nuclear power. .................. swarajyamag.com

To: Wharf Rat who wrote (1057408)	2/27/2018 7:47:37 PM
From: Brumar89	Read Replies (1) \| Respond to of 1578124

India opens up coal mining to private sectorResource giants invited to compete and boost productivity AKIRA HAYAKAWA, Nikkei staff writer MUMBAI -- India will end its 45-year state monopoly on commercial coal mining to encourage competition and raise productivity through private-sector investments. Under an auction system announced this week, the business that offers the highest sum per ton of coal to the state where a mine is located will win the mining rights. No restrictions will be placed on where the coal is sold or how it is used. Coal is a key energy source in India, where 70% of electricity comes from fossil-fuel power plants. But the country relies on imports to meet more than 30% of its coal demand. The government hopes to stabilize the domestic supply and lower prices through private sector involvement. India had about 95 billion tons of coal reserves confirmed at the end of 2016, according to British energy giant BP. The government estimates that the country has a total reserve of 300 billion tons. Vedanta Resources, a resource company that operates mainly in India, is showing strong interest in the government's opening of the sector. Other global resource majors like BHP Billiton, Rio Tinto, Anglo American and Glencore also plan to invest in India, according to Vedanta Executive Chairman Anil Agarwal. asia.nikkei.com

To: Wharf Rat who wrote (1057408)

2/27/2018 7:48:39 PM

From: Brumar89

Read Replies (1) | Respond to of 1578124

India To Boost Oil Refining Capacity By 77%

..................
The report comes on the heels of a statement from a government official that the country also has plans to triple its LNG imports over the next seven years to 70 million tons annually. Currently, India has a capacity to import 20 million tons, received at four LNG terminals. Until 2024, the government will aim to build another 11 facilities as it seeks to increase the share of natural gas in its energy mix twofold to 15 percent.

These will further rise to 15 terminals, Narendra Taneja, spokesman for the ruling BJP party said at an industry event in Indonesia, as the country’s demand for energy continues to rise steadily. This demand will not only be driven by the government’s plans to expand electricity supply to millions of households that are currently dependent on wood for their heating, cooking, and lighting needs, but also by ambitious plans for EV adoption announced last year.

oilprice.com