NewBase 26-January-2023 Energy News issue - 1587 by Khaled Al Awadi_compressed.pdf

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NewBase Energy News 26 January 2023 No. 1587 Senior Editor Eng. Khaed Al Awadi
NewBase for discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE
Should you replace your gas stove with an induction cooktop?
Here’s what you need to know
BY ADELE PETERS + NewBAse Senior Editor
Induction stoves are far better than traditional electric ranges—and can even
outperform gas.
When chef Christopher Galarza took a job in a kitchen that didn’t have gas stoves—at a new
Pennsylvania campus for Chatham University designed with sustainability in mind—he was
skeptical about the idea of cooking with electricity. But after he tried using induction stoves, he was
a convert. “It was one of those moments like, ‘Wait, why haven’t we done this before?’” he says.
Induction stoves have received renewed attention because of the
negative climate and health impacts of gas—including a recent study that compared the indoor
pollution from gas stoves to secondhand smoke. But there’s also a case to be made that induction
simply works better.
When Galarza made the switch, he noted that the stoves heated up pans much faster, so it was
possible to cook nearly twice as much food in an hour. Induction also responded more precisely to
any adjustment. “Once you cook on induction, you realize that fire’s not very efficient,” he says.
“There’s no precision at all.” The kitchen was more comfortable since it wasn’t as hot, and the stoves
were easier to clean.
ww.linkedin.com/in/khaled-al-awadi-80201019/

Other chefs have similar stories. After Alison Roman found out she couldn’t easily install a gas stove
at home, she became an evangelist for induction. When chef Justin Lee opened the Manhattan
restaurant Fat Choy in 2020, it was going to take so long to get gas connected that he ended up
choosing induction instead.
“It’s so fast,” Lee says. “It’s super powerful. . . . It’s also easy to use, once you learn it. It’s easy to
scrub and clean it, and it’s not nearly as disgusting as a gas range.”
Gas stoves have a long-standing reputation as being the best option for cooking, though that’s at
least in part because the gas industry has pushed the idea for decades, from 1930s ads touting
“nature’s perfect fuel” to more recent campaigns that paid Instagram influencers to gush about
cooking on gas stoves. Then there’s the fact that traditional electric stoves often don’t work well.
But induction works differently. If you’re considering making the switch, here’s a quick guide to the
technology.
[Photos: MileA/iStock/Getty Images Plus; ppart/Getty Images; MikeyGen73/iStock/Getty Images
Plus]
TRADITIONAL ELECTRIC STOVES VS. INDUCTION
If you’ve tried an electric stove in the past, it was probably a traditional electric resistance stove,
with coil burners inside that heat the cooktop. “It takes a long time to heat up, and then stays hot for
a long time,” says Sam Calisch, head
of special projects at the
nonprofit Rewiring America, and one
of the founders of the induction
startup Channing Copper. “This is
the stove that I grew up with. You
could burn yourself later even if it
didn’t look like it was hot. And it was
an unresponsive cooking
experience.”
Induction stoves also run on
electricity but use a magnetic field to
transfer electricity directly to a pan,
not the surface of the stove. (This
means that the cookware you use
also has to be magnetic, so you’ll
need to use stainless steel or cast
iron, or pots and pans made from a
combination of metals, rather than
aluminum or copper.)
“As soon as you turn it on, it’s going
to channel all that energy directly into
the cookware and into your food,”
Calisch says. It gets hot much more quickly than gas. Water can boil in less than two minutes. If
you turn down the heat, there’s an immediate response. When you take the pan off the stove, the
surface will be cool, making it easier to clean up spills.
From top: A traditional glass-top electric stove with coil heating elements (top) and an induction
cooktop; they’re similar at first glance, but the underlying technology is vastly different.

While you won’t have the visual feedback of looking at a gas flame, once you learn the best settings
for your food, induction is easy to use. Some induction stoves list temperatures, so you can adjust
the pan to 200 degrees Fahrenheit, for example. “It’s easier to replicate a recipe instead of being
like, ‘turn it to medium-high,’” Lee says, noting that it doesn’t matter if there aren’t flames to watch.
“Any good cook is looking at the action in the pan when you’re adjusting the flame.”
All induction stoves aren’t created equal, and the cheapest models may not perform as well. For
example, some low-end models cycle on and off when they’re operating at low temperatures. But
arguably a midrange model like the Frigidaire Gallery, priced at $1,200—one that Calisch
recommends—can outperform gas. Higher-end models can perform even better, and some have
bonus features like knobs rather than touch buttons to adjust heat.
HOW THE INFLATION REDUCTION ACT CAN SAVE YOU MONEY
The Biden administration isn’t coming for your gas appliances. But the government is offering
incentives to help people buy new induction and electric stoves through the Inflation Reduction Act,
as part of a bigger plan to help the U.S. cut emissions. The money, which states will begin
distributing later this year, includes rebates of up to $840. A calculator from Rewiring America can
help you figure out how much you could save on stoves along with other climate tech for your home,
from solar panels to electric cars.
HOW INSTALLATION WORKS
Someone upgrading a regular electric stove to induction may be able to just plug in their new stove.
But if you have a gas hookup now, you may need an electrician to install new wiring. In an older
house, that also might mean installing a new breaker box that can handle more power. Because
there’s a shortage of electricians now, and the job is relatively small, it may be hard to find someone

willing to do it, or they may charge a steep fee. The good news: The Inflation Reduction Act
incentives can help cover the cost of new wiring. And some new stoves coming out soon will use
batteries, making rewiring unnecessary.
THE NEXT GENERATION OF INDUCTION
Induction stoves with lithium-ion batteries also make it possible to boil water even faster. Impulse,
one startup working on a new model, says that it can boil water in 40 seconds, 10 times faster than
a high-end gas stove. If the stove is connected to high-voltage wiring, the battery can also store
power when the grid has extra renewable energy (in some areas, this can save on electric bills).
Batteries also make it possible to use the stove if there’s a power outage.
THE BIGGER CASE FOR MAKING THE SWITCH
Gas stoves emit dangerous indoor air pollution, including carbon monoxide, formaldehyde, nitrogen
dioxide, and particulate matter, which can increase the risk of asthma and heart disease. One
recent study suggested that nearly 13% of childhood asthma is attributable to gas stove use,
perhaps a comparable risk to living with a smoker.
A simulation at the Lawrence Berkeley National Laboratory found that an hour of cooking with gas
can add up to 3,000 parts per billion of carbon monoxide emitted into the air, more than 100 times
the recommended limit from the World Health Organization. Exhaust hoods can help, though
surveys show that home cooks often don’t use them.
Gas stoves are also responsible for climate pollution—both because natural gas production is a
major emitter of methane, a potent greenhouse gas, and because of leaks that happen in homes.
One recent Stanford study found that methane leaks from gas stoves (even when they’re off) can
emit the equivalent climate pollution of half a million cars.

U.A.E: Dubai’s hydroelectric plant in Hatta takes shape
The National ( Nilanjana Gupta) + NewBase
The flow of water will soon help power businesses and homes in the UAE with clean energy. A huge
hydroelectric power plant is under construction in the rugged Hajar Mountains, outside Dubai, that
will utilise the turquoise waters of Hatta Dam.
The station is planned for completion towards the end of 2024 and will have a production capacity
of 250 megawatts. One megawatt can typically power 500 to 1,000 homes for a year. It will have a
storage capacity of 1,500 megawatt hours and a lifespan of up to 80 years.
To build this powerhouse, we had to build a cofferdam, in
order to keep this area isolated from the Hatta dam and to
protect it from floods, said Khalifa Al Bedwawi, project manager
About 1,400 people were working at the site when The National visited to see progress. Cranes
surrounded the powerhouse containing the turbines, while heavy machinery and vehicles were
being used for backfilling the area.
The excavation of the 1.2km water tunnel connecting the upper dam with the lower reservoir is
complete, and its steel and concrete lining is nearly ready. Work is also under way on the reinforced
concrete for the powerhouse, which is 85 per cent finished.
“Construction began in 2019 and about 60 per cent of the project is now complete,” said Khalifa Al
Bedwawi, project manager of the Hatta hydroelectric power plant, as he gave a tour of the
development wearing a safety vest and helmet.

The plant is the first of its kind in the GCC because it can store energy, he added. Progress on the
new Dubai Electricity and Water Authority hydroelectric power plant in Hatta. The plant, being built
by Dubai Electricity and Water Authority (Dewa), can operate in two modes: turbine and pumping.
When there’s demand for electricity, the equipment will work in turbine mode. The water stored in
the upper dam will flow through the tunnel and rotate turbines. The mechanical energy will then be
converted into electrical energy and sent to the power grid.
The plant's response time to heightened demand for energy is 90 seconds. During off-peak hours,
the water is pumped back to the upper dam, making the project 100 per cent renewable.
“During the pumping mode, the plant will utilise the clean energy coming from the Mohammed bin
Rashid [Al Maktoum] Solar Park to feed these turbines, to work as a pump,” Mr Al Bedwawi said.
“It will take part of the existing water in Hatta Dam through the water tunnel to the upper reservoir.
It will be stored as potential energy with a height difference of 150 metres.” A cofferdam enclosure
has been built to keep Hatta Dam’s water away from the construction site.
“The powerhouse is part of the existing Hatta Dam. To build this powerhouse, we had to build a
cofferdam, in order to keep this area isolated from the Hatta Dam and to protect it from floods.”
Mr Al Bedwawi drove from the lower reservoir to the
upper dam via a winding mountain road in about
15 minutes. He passed through two access
tunnels, each 500 metres long, to enter the
construction site. Once the power station is
operational, the tunnels will be used by staff
operating the plant.
“The upper dam has two walls. The height of the
main wall is 72 metres and the side wall is about
37 metres. They are made of Roller Compacted
Concrete and both walls are complete,” Mr Al
Bedwawi said.
The plant will help achieve the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon
Emissions Strategy 2050 to provide 100 per cent of the emirate’s total power production capacity
from clean energy sources.
“The project supports the plan to meet the social, economic development and environment needs
in addition to providing job opportunities for UAE citizens in Hatta,” Mr Al Bedwawi added.

Germany Beat Putin’s Energy Squeeze. But for How Long?
Bloomberg) + NewBase
Germany looks set to survive this winter without the Russian gas it used to depend on. The question
now is whether it can plug the gap in coming winters, too — and at what price.
Europe’s largest economy hasn’t received Russian deliveries since September but is unlikely to
face gas shortages in coming months — an impressive feat considering that, before the invasion of
Ukraine, Germany depended on Moscow for 52% of its imports.
Rescue from potential rationing and forced blackouts came in the forms of liquefied natural gas,
piped shipments from Norway and the Netherlands, and an old favorite: coal.
This full-on pivot — which may cost €46 billion ($50 billion) — is being helped by unexpectedly mild
weather that’s keeping a lid on demand for heating.
Success in future years will depend on some fragile pillars.
LNG Chase
Chancellor Olaf Scholz told Bloomberg this week that Germany learned its lesson from being too
dependent on Russia. The goal now is to build capacity that gives Germany the chance to have as
much gas as it had before the invasion without importing from Russia, he said.
But capacity is only half the battle: without long-term contracts, LNG buyers face fierce competition
on international markets. And the amount of LNG available in the world isn’t expected to increase
much for at least three years.

If China’s economy rebounds after loosening its Covid-19 restrictions, many volumes may no longer
be available to Europe. A 15-year deal Germany signed with Qatar only equates to about 6% of
Russian volumes in 2021.
“The biggest challenge for Germany in the next couple of years is attracting LNG as a base load
source,” said Simone Turri, head of western European structured trading at Swiss energy trader
MET International. “Building up LNG terminals without having new contracts coming in doesn’t solve
the problem.”
New Dependency
Russia’s loss has been a big gain for Norway and the Netherlands, with gas exports from the latter
two surging. Yet there already are warnings that the flush times won’t last.
Norway is now Germany’s largest supplier at 33% after almost tripling its total natural gas exports
last year. Oslo expects flows to remain steady for the next four to five years but then gradually taper
as supplies are drained.
The Netherlands tripled its monthly share of Germany’s imports by December, according to the
energy lobby group BDEW. Most of that, though, was extracted from its key Groningen gas field,
which is scheduled for shutdown by next year because production triggered hundreds of
earthquakes.
“These countries have a limit on how much they can increase gas exports,” Turri said.

Wavering Weather
Temperatures in 2022 were 1.1C (2F) above the annual average of the last four years, the
government said, with Berlin and other European cities setting records this winter. Last year also
was one of the five hottest on record worldwide.
That extra warmth helped curb gas consumption by 14%, network regulator BNetzA said. Prices
dropped, helping ease inflation, the burden on industry and the pressure on policy makers.
“The favorable weather conditions are currently playing into our hands,” said Timm Kehler, chairman
of the German gas industry lobby group Zukunft Gas. “In normal years, the situation might be much
more fragile.”
Warmer temperatures in colder climes, and vice versa, are linked to disruptions in the Polar vortex
caused by climate change.
Resurrecting Coal
The dirtiest fossil fuel was once thought to be on its way out, but the current crisis brought it back
to life. The government extended the use of mothballed coal-fired power plants until March 2024,
sparking protests and potentially exacting a political cost for Scholz.Germany is restoring enough
coal to power about 5 million homes, according to Bloomberg estimates.
The nation generates more than a third of its electricity from coal. Energy giant RWE AG, which
wants to triple its clean-energy capacity this decade, is still going ahead with plans to extract more
lignite from a western mine.
“Germany will have to continue to use coal, with power plants at maximum capacity,” said Klaus-
Dieter Borchardt, a senior energy adviser for Baker McKenzie. “There are not so many alternatives
to Russian gas.”

Uganda launches first oil drilling programme
Staff Writer, Agence France-Presse (AFP)
Uganda on Tuesday officially launched an oil drilling programme as it seeks to join the club of crude-
producing nations with a mega-project that has incensed environmental groups.
The Kingfisher field is part of a $10 billion scheme to develop Uganda's oil reserves under a lake in
the west of the country and build a vast pipeline to ship the crude to international markets via an
Indian Ocean port in Tanzania.
"The president (Yoweri Museveni) has officially commissioned the start of drilling campaign on the
Kingfisher oilfield," the Petroleum Authority of Uganda (PAU) said on Twitter, describing the
development as a "milestone".
Uganda's first oil is expected to flow in 2025 -- almost two decades after reserves were discovered
in one of the world's most biodiverse regions.
The Kingfisher field, operated by the state-owned China National Offshore Oil Corporation
(CNOOC), is expected to produce 40,000 barrels of oil per day at its peak, PAU said.
"We are excited as a country and Africa," Energy Minister Ruth Nankabirwa told AFP.
The discovery of oil at Lake Albert in 2006 sparked high hopes of an economic boost for Uganda, a
landlocked East African country where many live in poverty.
There are an estimated 6.5 billion barrels of crude under the lake, of which about 1.4 billion are
recoverable. The reserves are expected to last up to 30 years, with production peaking at 230,000
barrels a day.
Chinese workers engaged in work conversation at the Kingfisher oil
field in Kikuube district on January 24, 2023.

The overall project is being jointly developed by CNOOC as well as France's TotalEnergies, along
with the state-owned Uganda National Oil Company.
However, the plans to tap the oil at Lake Albert, a 160-kilometre (100-mile) long body of water
separating Uganda from the Democratic Republic of Congo, have run into strong opposition from
rights activists and environmental groups.
They say it threatens the region's fragile ecosystem and the livelihoods of tens of thousands of
people.
The fields are located in several natural reserves, one of which extends to Murchison Falls, the
country's largest national park.
The government has vowed to plough ahead with the scheme despite the opposition and calls by
the EU parliament last year for it to be delayed over rights concerns.
Uganda last week issued a licence for the construction of a $3.5 billion heated pipeline that will run
from Lake Albert to the Tanzanian port of Tanga. At 1,443 kilometres (900 miles), it is set to become
the longest of its type when completed.
The licence was granted to the East African Crude Oil Pipeline Company Ltd, which is 62 percent
owned by TotalEnergies. The state oil companies of Uganda and Tanzania hold 15 percent each,
with the remainder owned by CNOOC.

U.S. crude oil production to reach new records in 2023 and 2024
U.S. Energy Information Administration, Short-Term Energy Outlook, January 2023
In our January 2023 Short-Term Energy Outlook, we forecast that crude oil production in the United
States will average 12.4 million barrels per day (b/d) in 2023 and 12.8 million b/d in 2024, surpassing
the previous record of 12.3 million b/d set in 2019.
In 2022, U.S. crude oil production averaged an estimated 11.9 million b/d. Increased production in
the Permian region and, to a lesser extent, in the Federal Offshore Gulf of Mexico (GOM) drives our
forecast growth in production. We base our forecast on our expectations of crude oil prices and
infrastructure capacity additions.
Our forecast of crude oil production in the Permian increases by 470,000 b/d to average 5.7 million
b/d in 2023. Completion of new natural gas pipelines will allow producers to transport more of the
natural gas that is produced along with crude oil (associated natural gas) to market, removing a
potential constraint on crude oil production.
Producers currently flare some of the natural gas they produce. We forecast that crude oil production
in the GOM will increase by 120,000 b/d in 2023, while production in other regions of the United
States (except for the Permian) declines slightly.
In 2024, we forecast that crude oil production in the Permian will increase by 350,000 b/d, while
production in the GOM declines slightly. We forecast that production in other U.S. crude oil-
producing regions increases by 70,000 b/d in 2024.
We forecast the U.S. benchmark West Texas Intermediate (WTI) crude oil price will average $77
per barrel (b) in 2023 and $72/b in 2024, down from $95/b in 2022. Despite declining crude oil
prices, we expect the WTI price will remain high enough to support crude oil production growth,
especially in the Permian, where data from the Dallas Fed Energy Survey indicate that average
breakeven prices range from $50/b to $54/b.

NewBase January 26 -2023 Khaled Al Awadi
NewBase for discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE
Oil steady as market awaits more supply clarity
Reuters + NewBase
Oil prices were steady on Thursday after U.S. crude stocks climbed less than expected, while
investors awaited further clarity on supply drivers, including an OPEC+ meeting and the looming
EU ban on Russian refined products.
Brent crude futures dipped 5 cents, or 0.06%, to $86.07 per barrel by 0500 GMT, while U.S. West
Texas Intermediate (WTI) crude futures rose 14 cents, or 0.172%, to $80.29.
"The market awaits to get more clarity on the upcoming EU embargo on Russian refined products
and the subsequent reshuffle of trade flows, while OPEC+ delegates head into their next meeting,"
Citi analysts said in a note Thursday.
"The upcoming EU embargo on Russian refined products remains a major source of concern for
the market, with widespread dislocations expected to materialize," the Citi analysts added.
Oil prices were also little changed after data showed a build in U.S. crude inventories which was
less than expected.
Oil price special
coverage

Crude inventories edged higher by 533,000 barrels to 448.5 million barrels in the week ending Jan.
20, the Energy Information Administration (EIA) said. That was substantially short of forecasts for a
1 million barrel rise, though crude stocks are at their highest since June 2021, the EIA said.
The rise in inventories capped price gains as it reflected softer fuel demand, on top of broader
concerns of a slowing global economy.
Global economic growth is forecast to barely move above 2% this year, according to a Reuters poll
of economists, who said the greater risk was a further downgrade to their view. That was at odds
with widespread optimism in markets since the beginning of the year.
Meanwhile, the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group
known as OPEC+, are likely to endorse the group's current output levels at a Feb. 1 meeting,
OPEC+ sources said.
Shipping-Cost Drop a ‘Smoking Gun’ Foretelling Inflation to Cool
Bloomberg
he pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike,
and the sharp drop in maritime-freight expenses since peaking last year will contribute to an easing
in price pressures, a former International Monetary Fund official said.
World container rates climbed more than sixfold by October 2021 from pre-Covid-19 levels, and the
increase was “a canary in the coal mine for the persistent rise in inflation” seen in 2022, Jonathan
D. Ostry, a professor at Georgetown University and the former acting director of the fund’s Asia and
Pacific department, said in a post on the fund’s website Tuesday.

A study undertaken by Ostry and four colleagues examining the link between shipping costs and
prices suggests that a doubling of maritime-transport expenses caused inflation to increase by
roughly 0.7 percentage point.
“While skyrocketing food and energy prices were making headlines, the surge in shipping costs
seemed to pass largely under the radar, despite its potential inflationary impact,” Ostry wrote in the
IMF post on the study. “Given the actual increase in global shipping costs during 2021, we estimate
that the impact on inflation in 2022 was more than 2 percentage points — a huge effect that few
central banks would dismiss.”
Ostry noted that some inflation drivers weren’t foreseeable or were difficult to predict, such as
supply-chain disruptions, commodity-price increases owing to Russia’s invasion of Ukraine, and the
unwinding of pandemic-era savings that boosted demand.
“But while policymakers may get a pass for not factoring into their decisions what was unknowable
a year ago, they should be held accountable for missing known drivers of inflation, especially those
that pointed to enduring price pressures. It’s likely that the Fed has had to hike interest rates further
to make up for its delayed start. Recession risks are very plausibly larger as a result, as are the
adverse global spillovers from Fed policy.
The cost of shipping a container from Asia to the US peaked at $8,585 in March last year and has
since plummeted to $1,200 — the lowest since 2018, according to an index compiled by Drewry
Shipping Consultants.
With the pandemic spike in shipping costs over, the research by Ostry and his colleagues suggests
most of its inflationary impact has already been seen.
The estimates are symmetric, such that declines in shipping costs would tend to bring inflation down
in the following year, which implies that the plunge in maritime-transport expenses in 2022 will
contribute to a reversal of inflationary pressures, Ostry wrote.

NewBase Specual Coverage
The Energy world –January -26 -2023
CLEAN ENERGY
Indian industry turns to biomass as capital bans coal in
pollution fight
Reuters + NewBase
A toxic smog engulfs India's capital every winter, as particles from bonfires of crop stubble and
vehicle exhausts hang in the air, but New Delhi is enforcing a ban on coal burning from this month
that is forcing industry to shift to biomass.
The drive has pushed about half the 1,695 units in a cluster of small industries around one of the
world's most polluted capitals to use biomass, regulators told Reuters, up from fewer than 15%
counted in a 2020 study.
"You can tell the fuel being used by the colour of the steam and the smell in the air," said a manager
at a small unit in the global cloth recycling hub of Panipat, about 100 km (62 miles) from New Delhi,
who spoke on condition of anonymity.
"The air has improved since we shifted to biomass."
The change in air quality is as yet hard to quantify.
But in Panipat, for example, the 2020 study, by thinktank the Centre for Science and Environment
(CSE), estimated a fall of 70% to 80% in sulphur oxide emissions, and a drop of 40% to 60% in
nitrogen oxides, if all coal-based industries switched.

Textile recyclers, dyers and food processors in the city in the northern state of Haryana, along with
those in neighbouring Sonipat and Faridabad, have quickly switched away from coal, the previous
fuel of choice.
The change to biomass, which usually consists of pellets or briquettes of farm residue, promises to
slash emissions and spur farmers to sell such residue instead of burning it, say industry officials
and regulators.
The switch could also bring lower costs, since biomass is 14% cheaper than coal, a 2021 study
sponsored by the British government showed.
KING COAL
Coal was "king" of fuels in India's National Capital Region (NCR) after the South Asian nation
banned petcoke - a polluting, energy-intensive alternative - in 2017, the CSE report showed.
It was the primary fuel for about a quarter of all industries in Haryana's three major clusters near
New Delhi.
Now coal is losing out to biomass.
"Many petcoke traders became coal traders after a ban on petcoke in 2017," said Kamaljeet Singh,
a senior pollution control official in Panipat. "Now hundreds of coal traders have become biomass
traders."
About 27% of the region's companies use natural gas, while more than 250 units, or 15%, use
electricity, the regulators said.

"It has been easier for small industries to convert to biomass instead of converting to natural gas
because of lower prices," Monish Ahuja, chairman of the Confederation of Biomass Energy Industry
of India, told Reuters.
About 81% of the 398 industrial units operating in Panipat alone have converted to biomass, Singh
added, devouring coal's share of 56.2% in 2020.
Industries are experimenting with agricultural waste such as rice husk, groundnut and mustard
briquettes as fuel, regulators and owners of small textile and recycling mills in Panipat said.
RISING PRICES
But biomass traders and consumers are voicing concern about rising prices after the coal ban and
seasonal fluctuations in the supply of crop residue, citing these as factors limiting wider national use
of the fuel.
Average prices of biomass briquettes rose 36% to 7,711 rupees ($94.80) a kg by the end of 2022,
versus 5,677 rupees at the end of 2021, on online marketplace BiofuelCircle, based in the western
city of Pune.
But owners of industrial units in Panipat said the local nature of New Delhi's coal ban confers a cost
advantage on similar industries elsewhere in India, as they can continue using coal.
"Because of these restrictions, Panipat industries are finding it extremely difficult to compete," said
Bhim Rana, president of a dyers' association in the city. Higher costs fuelled by taxes and a ban on
exports of biomass briquettes were among factors attributable to policy that limit supply, the British
study said.
"Supply is about a third or fourth of total demand currently," said Suhas Baxi, chief executive of
BiofuelCircle. The study recommended developing a biomass trading platform, better storage,
concessional loans and lower interest rates for investors in manufacturing. "Explicit government
policy support will be needed to overcome the constraints," it added. ($1=81.3430 rupees).

NewBase Energy News 26 January 2023 - Issue No. 1587 call on +971504822502, UAE
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Khaled Al Awadi is a UAE National with over 30 years of experience in the Oil & Gas
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broadcasted internationally, via GCC leading satellite Channels. Khaled can be reached at any time, see
contact details above.

NewBase 26-January-2023 Energy News issue - 1587 by Khaled Al Awadi_compressed.pdf

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NewBase 26-January-2023 Energy News issue - 1587 by Khaled Al Awadi_compressed.pdf