AI takes centre stage in energy transition at ADIPEC 2024, leaders call for responsible use

The newly launched AI Zone at ADIPEC showcased innovative AI solutions, with tech leaders like Microsoft’s Neeraj Joshi and Carbon Clean’s Aniruddha Sharma presenting the latest in AI-driven clean energy projects.

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Brent crude expected to trade in $75-80 range amid oversupply, weak demand: Report

Fundamental factors, including estimates from OPEC, the International Energy Agency (IEA), and the U.S. Energy Information Administration (EIA), point toward an oversupply scenario in 2024.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/MxDvFEo

India issues 11,098 MW in renewable energy tenders, draws $103 mn in October investments

The report highlights a continued expansion in RE installed capacity. From January to September 2024, the country added 17,444 MW of solar and 2,626 MW of wind capacity, reaching a cumulative RE capacity of 201.46 GW. In September alone, about 1,501 MW of combined solar and wind capacity was added.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/mOJRV5i

Telangana govt to come up with new energy policy soon, says Deputy CM

The Deputy CM along with Ministers Uttam Kumar Reddy, Komatireddy Venkat Reddy visited the Yadadri Thermal Power Plant. They flagged off the train to transport coal from Ramagundam to Yadadri Thermal Power Station, an official release said.

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Gensol wins ₹780 cr contract for 150 MW solar project in Maharashtra

This comprehensive contract includes responsibilities from land acquisition to the final commissioning of the plant. Gensol’s scope of work encompasses design, engineering, procurement, logistics, and the intricate stages of manufacturing and supply.

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Oil prices settle up slightly on Iran worries, but prices down for week

Brent futures were up 29 cents, or 0.4 Percent , to settle at $73.10 a barrel. U.S. West Texas Intermediate (WTI) crude gained 23 cents, or 0.3 Percent , to settle at $69.49. At their session highs, both benchmarks were up over $2 a barrel.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/Xy5YnAd

Andhra Pradesh govt to set up renewable energy zones to promote green energy power plants

The govt issued detailed guidelines for Integrated Clean Energy Policy (ICEP) to boost investment inflow into the state.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/ErbsaTc