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Discuss India’s commitment to nuclear energy as a solution for energy security. What are the key challenges in achieving its nuclear energy targets, and how can these challenges be addressed? Answer: India’s commitment to nuclear energy is driven by its need for energy security, economic growth, and environmental sustainability. As the country aims to transition …
Read MoreSyllabus: GS – 3- Fossil fuels and their impact , fuel subsidy Focus : This article focuses on the magnitude and types of fossil fuel subsidies, their economic and environmental impacts, and global distribution patterns. It explores challenges in subsidy reduction and proposes strategies such as targeted reforms, carbon taxation, and congestion pricing to ensure …
Read MoreWhy in the news? Crude oil prices steadied after a rise in U.S. gasoline stockpiles and the postponement of an OPEC+ meeting, highlighting the alliance’s critical role in stabilizing global energy markets and influencing international economic trends. Overview of OPEC and OPEC+ : OPEC+ is a coalition of 22 oil-exporting countries formed in 2016 to …
Read MoreWhy in the news? Tamil Nadu’s new 2024 policy on repowering ageing wind turbines has faced opposition from wind energy generators, who argue it lacks financial incentives and field support for effective implementation. About Wind Energy Capacity and Potential in India: India has a substantial wind energy potential of 1,163.86 GW at 150 metres above …
Read MoreWhy in the news? The International Energy Agency’s World Energy Outlook 2024 report highlights India as having the highest anticipated energy demand growth globally, with significant projections for electricity generation, vehicle increase, and coal utilisation, reflecting India’s expanding energy needs. About World Energy Outlook 2024: Release: The World Energy Outlook 2024 report, published by the …
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