India’s coal-fired power output dips at fastest pace in May; renewable energy surges record high; check reason behind
[ad_1] NEW DELHI: India's coal-fired electricity generation in May saw its steepest decline in five years, driven by a drop in overall power demand and a surge in renewable energy output, according to a Reuters analysis of government data. This marked the first fall in power demand since August and coincided with record-high generation from clean energy sources.The output from natural gas-powered stations also dropped significantly, marking the most substantial reduction in nearly three years, as revealed by Grid India data. This decline occurred alongside increased production from cleaner sources, including hydroelectric and nuclear facilities.This reduced requirement for fossil fuels in India's electricity sector, as the world's second-largest coal importer and fourth-biggest LNG purchaser, occurs during a period of market pressure on these fuel prices."Demand from the power sector - typically strong during peak season - remained limited. Additionally, economic […]