Energy

Modi Powers Forward

Over the past several months, Prime Minister Narendra Modi’s government has made large strides towards the goal of increasing renewable energy penetration in India. Growing dependence on expensive imports of coal, natural gas, and oil has sparked a desire to diversify India’s energy supply portfolio and thereby enhance energy security, reliability, and affordability. As climate …

Turbulence in the Oil Patch

With more than $50 billion of private equity capital still waiting to be deployed into the energy sector, this is a heady and challenging time for energy investors. While many have described this period as the “investing opportunity of a lifetime,” the increased volatility in commodity prices and the paradigm shift in the global supply-demand …

India’s Renewable Energy Opportunity

Since Prime Minister Narendra Modi took office, his administration has been keen to bolster support for renewable energy as part of India’s energy portfolio. The 2014-2015 Union Budget, announced in July by Finance Minister Arun Jaitley, introduced initiatives to build “ultra-mega” solar projects, install 100,000 solar-powered agricultural pumps and pumping stations, and build canal-top photovoltaic …

Energy Myopia

The development of unconventional fossil fuel resources like oil sands and shale gas in the past couple of decades puts the renewable energy industry in an unexpected bind. New drilling and exploration technologies have increased the viability of previously inaccessible resources such as those in the Arctic or the depths of the Gulf of Mexico. …