Energy

Spencer Dale, the famous bp economist is still there and calls 2020 as most challenging and surprising years in his life.

BP released its 70th annual edition of the bp Statistical Review of World Energy

Perspectives

Large oil companies cannot let go of their resources or natural gas. So they are pushing for blue hydrogen, so they can continue to pumping fossil fuels out of the ground for decades to come. China and Europe would compete on green hydrogen, however, most likely with solar domination; China would control the green hydrogen market. According to news, they have started investing in large scale electrolysers, which would reduce costs in say 10 years. Europe has offshore wind plus hydrogen, but that cannot be scaled around the world. Solar plus electrolyser is the way to go.

Situation Report

This article presents few of the examples from audit report of accounts and records of Central Government Companies and Corporations conducted by the officers of the Comptroller and Auditor General of India. Issues in NLC, IIFCL, BHEL, ONGC, HCL, DVC, MECON, SAIL are given.