Oil and gas market senses the heat!

Oil and gasThere is a constant rise in oil prices which are making a simultaneous forecast of returning a whopping 100 dollar barrel. This an instant ever from the year 2014, prompting winners and losers in the world economy. Oil and gas market seemingly say that exporters of the fuel are enjoying bumper returns. Although, this may give a blow to companies and various government corners.

Conversely, the above description doesn’t hold much to several consuming nations. Market research reports points they may bear the cost at the subsequent petrol pumps. Furthermore, this will potentially raise inflation and make demand processes worse, worsening oil and gas market.

Inflation fanning and raise are worsening in recent times, prevailing situations arising from this will add to the current fiscal issues, bringing several economy loopholes, a statement of the leading market research reports.

Is there a brighter side to it?
Still, the news isn’t bad as it seems, such as economic market research reports suggest the oil at a 100 dollar price mean less global growth in the current year, just following the 2011 spike. This is although a gray scale where everyone is not sure if this situation is prevailing to be good, affecting the general population. Subsequently, economies all over the globe are not reliant on energy domains just because of the rock revolution pushing the U.S market.

Consequently, everything is relying on the prices that are soaring. With a compelling supply, a consequent shock is looking to be negative but the demand that is robust is affecting solid growth structures. With these forces in constant position, Brent crude up is rising up above to 22 percent at the end of 2018 affecting oil and gas market.

How’s the effect?
Household incomes obviously are getting the blow, still, market research reports suggest the impact may vary. Considering the trend, Europe seems to be effective as the region’s major countries are relying on and are oil importers. Ordinarily, China is on the list, as the world’s biggest importer of oil and will expect an upward inflation

Even seasonal effects are coming in the way around the globe, specifically in the Northern hemisphere. Conversely, several consumers can switch energy sources keeping cost down. Aarkstore market research points theories on such considerations. These may involve natural gas and biofuels. Indonesia is pushing limits to use more of biofuels as such to limit the economic reliance put on the country.

Global growth can be put in check with the above 100 dollars oil price. Consequently, the dollar’s price increase won’t help much seeing the crude is in a high prospect. Aarkstore market research puts an aspect of industry research and analysis on subsequent processes.

Sustainable energy for the sustainable growth of a nation

renewable energyIndia has witnessed its renewable energy industry grow apace to achieve the target of 175 GW. The market has successfully reached the milestone of 70 GW and has actionable plans for the next 38 GW ready. Not only has it impressed the globe through its implementation speed but also through the creation of about 1.64 Lakh job opportunities.

The energy mobility patterns in India, and in fact, worldwide, have been changing constantly. Furthermore, climate change alerts have pushed the need of shifting from the use of conventional raw materials for generation of energy and power to alternative renewable ones. While this received a backlash due to its requirement for a complete infrastructure modification initially, it has eventually gained traction. India particularly, being a developed nation, has benefitted greatly from this advent.

Improved job opportunities

Scaling the improvement

Over 10.3 million people in the global workforce are employed by the renewable energy industry. The number of jobs in India is up by a number 36% more than the previous year. While some giants in the industry like China continue to dominate the market, the International Renewable Energy Agency (IRENA) has said that the improvement in the growth of this sector in India is highly appreciable. It also proposed a lush future for it.

Initiatives from India’s CM, Narendra Modi have been lauded at this checkpoint towards the nation’s sustainable development goals. The nation now stands amongst the world’s largest renewable energy employers that harbor three-fourths of the total employment opportunities.

Segments that have contributed to this

Market research says that a majority of the jobs created lie in the solar photovoltaic (PV) sector. Even within this, most employees were involved with the construction and installation of these PV plants. Following this in the number of employees was the observations and measurements departments.

India is now also among the key job providers in the sectors of hydropower and wind electricity.

Bettered electricity access

Since the availability of most alternative resources of energy is not restricted to particular regions, it can be easily sourced out to even remote or rural areas. Based on mobility patterns, renewable energy generally demands an infrastructure with the production plant located close to the supply areas. This is also a reason why various localities have seen an improved job availability for people completing both, low and high, education levels. It will thus ensure skill-building opportunities along with steady incomes and lifestyle enhancement.

A positive impact from the use of clean technology

The perks of transitioning to clean energy have perks way beyond employment opportunities. Higher and more regular incomes for the poor would mean an improved health. Health and personal well-being are also directly impacted by the reduction of polluting emissions.

 

The clean energy system in India has thus established itself as a sustainable development model for the world to look up to. A continued cooperation from the common people and the governing bodies is capable of taking this to further heights.

Membrane Types and Their Influence on Water Filtration

membrane element marketWater is a crucial resource for any industry. Maximal re-use of water reduces the company’s costs greatly. But industrial wastewater contains high levels of toxic substances and cannot be reused as it is. Elimination or reduction in the level of these components requires a treatment process. This, again, involves some expenses. To make the whole cycle more cost-effective, one must make the right choice of membrane filters and filtration method.

Cost is not the only factor that influences the membrane element market. Industries are also expected to adhere to the water safety norms. So, if a membrane is priced low, it should be able to deliver efficient filtration too.

Factors that influence the choice of a membrane

The properties of every membrane material differ. So, not all of them can be expected to suit every industrial process.

Porosity and pore distribution

Membranes are considered to be semi-permeable. Their pore size and density decides what passes through it and what gets filtered. If the contaminants in the waste water are smaller in size, the pore size should be further decreased to filter them out. The pore distribution decides the energy and power input required.

Polymer strength and operation flexibility

Most large scale filters are synthetic polymers. These are a preference because the metallic or ceramic filters cannot be employed as multi-purpose. Filtration procedures might require vacuum or pressure which the membrane material must be able to withstand.

Stability

The pH of the wastewater might be acidic or basic depending on the product being processed. The membrane must be tolerant to that specific pH setting. It must also be able to withstand a wide range of temperatures. A bi-directional strength also aids the cleaning of the filters.

Cost

Since re-use of water is looked at as an alternative to spending on fresh water resource, the membrane material must cost low along with having the aforementioned properties.

Common membrane processes:

Global market research reports suggest the following as the most commonly employed filtration processes:

Microfiltration

Microfiltration employs filters of about 0.03-10 microns. It is capable of filtering out sand, silt, and clay. The quantity of chemicals that can be employed during the filtration process is strictly limited. Membrane-filtration is also capable of blocking the entry of micro-organisms thus reducing the severity of treatments like chlorination. While this includes a range of pathogens, it is not virus-proof.

To increase the efficiency of this process, a number of pre-treatments are required.

Ultra-filtration

Pore size for ultra-filtration is about 0.002 to 0.1 microns. It is also a size-exclusion filtration process and the efficiency of filtration does not depend on the depth of the media. It employs no chemicals. Although this is not an absolute barrier to viruses, it does eliminate a few.

Since the pore size is considerably manageable, it doesn’t require a high external pressure input.

Nano-filtration

Pores of nano-filters are about 0.001 microns in diameter. To push water through these tiny pores requires a high energy input. But these filters are capable of eliminating all bacteria, cysts, viruses and other humic material too. This filtration is also capable of treating corrosive water to remove alkalinity and hardness.

Reverse osmosis

Reverse osmosis is generally referred to as RO and is particularly efficient if employed as a series of units. Disinfectants might be recommended to ensure water safety. But it does appreciably filter out most contaminants even when their concentration is low.

Reverse osmosis is faced with a certain limitations like high capital and operating costs. The membrane is also more prone to fouling.

Opportunities in the Global Membrane Element Market:

The growing level of industrial processes around the globe brigs along a requirement of better water treatment options. This stems from the increased level and diversity of the contaminants. Water scarcity is also a matter of concern in a lot of regions. Better treatment facilities will help tackle the problems that arise from this shortage as they better the usability of wastewater.

Research should be aimed at producing filters and processes with the following properties:

  • Greater permeability to water without an increase in solute transport
  • A reduced fouling tendency
  • An integration breach should be easily identifiable
  • They should require minimal external inputs
  • They should be able to deliver maximum efficiency at lower costs.

Investments in renewable energy lead due to energy crunch

renewable energyThe renewable energy industry is growing apace. With conventional resources receiving a plummet in the current day, clean technology is being looked at as more than an alternative. The globe is aiming at a complete transition to renewable energy-based models. Investments in them are thus gaining a boost and today’s common fuels like oil and petroleum are moving out of the picture.

The power crunch is menacing the enlargement of industries across the globe. In such state of affairs, when traditional fuels no longer prove resourceful, renewable sources of energy are being adopted across industries. Rising population and swift development of the emerging markets have amplified the need for energy.

Insights on renewable energy sector:

A variety of trends are affecting the global power industry, including the fact that 80% of primary energy is currently supplied from gas, oil, and coal. Nevertheless, various environmental perks, cost advantages and better accessibility are pushing industry sectors towards embracing gas as the fuel of 21st century, according to a market research. In several ways gas has always been different from oil. Furthermore, gas is better distributed across the globe.

As per the global LPG market, it is the industry that serves the global demand and supply chain more effectively. This guarantees that the cost of gas remains competitive compared to oil prices, which have huge ramification on the global energy sector.

Approximately 1.1 billion people in the urbanized countries intake more than 110 billion BOE/D (barrels of oil equivalent per day) in primary energy, whereas 5.8 billion people in developing countries consume around 140 million barrels of oil equivalent per day.  A Further need of 270 million barrels of oil equivalent per day is required to meet demands of all consumers in the coming future.

This is twice the current primary energy consumption.  Along with the global population predicted to rise up to 9-10 billion from recent 7.1 billion by mid-century, the demand of energy will rise further.

The current scenario:

With the current climate changes and global warming issues becoming pressing concerns, businesses have already started investing in the renewable energy market that will address these problems.

Latest research in the ethylene market spotted growing risks to investors and financial organizations dependent on fossil fuels, which would present chances with industries re-investing their capital towards sustainable energy and additional power-efficient mechanisms. Even if much of it has to do with cost, especially when it is expected that oil rates will increase, it is also predicted that the inexpensive US natural gas will not remain cheap.

Also, the increasing awareness and weather policies would hoist the cost of utilizing coal. Besides, the cost of creating vigor from solar energy, wind, and biomass is estimated to fall in the few years, which is in stark contrast to valuing developments of the oil industry.

Recently, the charging trend of renewable energy is predicted to prolong over the next two decades. The governments rank the importance of putting together incentives and infrastructure primarily which ensure that this shift towards the sustainable energy will continue. With public perception shifting towards more ecological solutions, there is also a bigger potential for political action that will labor in advantage of further pushing the energy & power market more weather friendly substitutes. Additionally, governments are also highly investing in technology and infrastructure, improving public expenditure and rising trade linkages to make sure renewable energy encourages the expansion of the region’s financial system.

 

 

Emerging Markets are witnessing more investment in Renewable Energy than EU and US

renewable-energyThe top 5 Emerging Renewable Energy industry report provides top-line qualitative and quantitative information of factors such as volume, market size value, and forecast to 2019. In 2014, the global Renewable Energy Market contributed the value of about $255,129.6 million. The top 5 emerging countries are estimated to grow up to 19.7% of CAGR and market value of about $626,933.0 million in 2019.

Leading countries in renewable energy market:

Among all other countries, China is the leading country within the renewable energy industry with the market value of USD 171,156.8 million in 2014 and is expected to increase with a value of USD 504,699.7 million in 2019. This was followed by Brazil and India with market revenue of USD 58,014.3 and USD 19,422.6 million and is predicted to rise up to USD72,987.8 and USD 39,630.5 million respectively.

According to an Energy and Power Market Report, almost every European markets without exceptions have fallen while under developed markets across Latin America, Africa, and Asia continued their ascent. Emerging markets now characterize half of the countries in the 40-strong index; together with 4 African markets featuring in the top 30. A decade ago, only countries like China and India were attractive enough in competition with more developed markets for sustainable energy investment.

A certain Market Research finds that a Chile market is the first one to enable economically viable renewable projects to challenge directly with all other energy sources. Similarly, Brazil’s renewable sector is showing flexibility amid an economic downturn and it’s less mature solar market remains a potentially beneficial lure.

Changing Emerging Markets:

Emerging markets are changing their energy industries at an extraordinary pace. Last year, sustainable energy investments in the developing world hold of those in the developed world primarily. Researchers are testing in Latin America, how quickly market can grow.

The report shows that Argentina was the highest-scoring new competitor. The transformation of the nation’s economy and roll out of determined sustainable program under its new pro-market government reinforces how quickly new markets can redirect the focus of developers and financier.

Power and Utilities Corporate Finance leader in a press conference stated that earlier markets in their replaceable journey are benefiting from cheaper and more resourceful technologies, lower capital cost, and more reliable resource forecasting. The rising global flow of capital shows that investors are becoming more use to new markets. An enormous deployment of low carbon investment is seen in developing markets.

Indian Renewable Energy Industry 2015- The Progress Landmarks

 

The signs for India’s future in sustainable energy are positive for the 2015 year. From the last year till March of this year, the relevant installation capacity has increased by 12.9%, and the country supplemented 4,089 MW of recourses capacity in 2014-15 tenure. The added capacity of 8.5% is a lot greater than the targeted generation of 3,770 MW. The Indian Renewable Energy Industry graph is every soaring with wind energy capacity sharing 2.3 GW, more than estimated amount of 2 GW.

While the daily needs of household and commercial, industrial spaces are increasing regarding power consumption; the Indian government is trying its best to meet these demands. The good news is that the efforts have been successful. But the challenges remain investment, infrastructure, growing population needs, technology limitation, costing, and regional distribution. But, the nations is doing all it can to keep up with the energy requirements, especially in the renewable power industry.

Leaps Made in India’s Sustainable Energy Sector
In the last financial year, the government has anticipated to input 1.1 GW solar powers. But, solar power technology crossed biomass based power production as the 3rd largest source of renewable energy concerning installed capacity. It now has a share of 10.5%, upsurge from 8.3%; the figure at the end of 2013-14. Small hydro power technology capacity was pinned at 250 MW, while bagasse based projects of worth 360 MW were scooped against the approximation of 300 MW.

Add On to Total Power Capacity
Thermal power capacity powered by coal recorded 20.8 GW, and was added to the Indian grid. The total installation capacity for the country in 2014-2015 scored at 35.77 GW, while by the end of 2022, the government plans to raise the capacity at 175 GW, as per market research. In waste-to-power category, it was only 4% of the target’s added capacity. But, biomass based power too missed its capacity target, and added only 45% of what was promised. Out of 26.58 GW of power production, 15.3% was of sustainable energy for 2014-15.

Indian Renewable Energy Installation Capacity to Stand at 72,400 MW by 2022

India is set to achieve an aggregate renewable energy capacity installation of 72,400 MW by 2022 and 41,400 MW by 2017. The nation is going to put up 40,130.39 MW of the same together. To reach a limit of 72,000 MW in installed capacity, the country will need an investment of at least US$ 46.22 billion. Investments are pouring in from international and domestic players for the upgrade of distribution and transmission infrastructure while efforts are targeted to better the old Indian renewable energy plants. Popular researches predict that an amount of US$ 83.35 billion will be necessary to meet target set for 2022.

This Asian giant ranks fifth largest in world in generation of electricity capacity that is currently calculated as 243 GW of renewable energy. The hydro power it self has a share of 28.85 in the total installation capacity of the nation. As per industry analysis reports the potential of such energy in India scan reach 2, 49, 188 MW. In March end of 2014, the nation achieved 12.95% of its predicted potential. However the untapped resources in the country are 216918.39 MW, signifying the huge prospect it has as powerhouse.

Which Renewable Energy Sources are being used?

Coal, hydro, natural gas, nuclear, and hydro power are used across varied horizons in India, including a great demand from household and commercial spaces. Even unconventional sources are utilized like biogas, solar, wind and agriculture. The renewable energy market research showcases demand curve as bulging ahead, while supply chain is facing a shortage despite of huge power generation over the years. Initiatives are being implied to bridge the gap between demand and supply.

Participation from Government and private sectors is sought and policy reforms are easing legal procedures. Together, the Indian renewable energy market is set to furnish ultra mega power projects. Many companies are opening up investments because of growth possibilities and resultant returns on the same. Few challenges are population explosion, excessive industrialization, consumption of electricity, decrease in coal reserve, sped up import of crude oil, coal and alternate energy sources etc.

What are the Challenges and Growth Potentials?

It may be difficult to balance the environmental sustainability and economic progress to attain expected supply of renewable energy power, but government is trying to solve the related issues. Recent industry analysis reports have depicted that coal is one of the preferred means of sustainable energy that is clean, but quickly depleting as well. Concern is to channel the underutilized sources profitably and intelligently so that other resources are not hampered or overused.

Biomass power generation however is adding only 45% to the targeted value. India could attain only 4% of its estimated capacity in waste-to-power sphere. The statistics drawn by renewable energy market research for total installation capacity in FY 2014-15 was at 35.77 GW, and by the 2022 year end it will top 175 GW. Though there are some crises ongoing in this sector, participants are reconciling their methods of approach and are determined to drive India ahead as a renewable power machine in the world.

India Solar Power Equipment Market to Round up USD4 Billion in 5 Years

It is a notable fact around globe that non-renewable sources of energy are depleting. India is blessed with abundant sources of renewable elements like sunshine for energy requirements. It is one of the leaders in Solar Power Equipment Market with a bright hope for a future where most of the mechanics and daily use items for power generation are solar driven.

Indian Solar Industry to Increase Production

With Government actively supporting the idea with added incentives, subsidies, and flexible taxing laws and development programs, the major players like Websol Energy Systems, Moser Baer India Litd and Tata Power Solar etc. are able to provide significant solar equipment at low price solar system per kW. As Market Analysis Report concurs that oil, coal and other traditional sources are getting costlier due to popular demand, an alternative means have to be created to keep up with the energy flow anticipation.

Government Initiatives and Programs for Energy Boost

The Indian population boost is not a hidden from other nations. Thus, the Solar Power Equipment Market has forwarded with a program by JNNSM (Jawaharlal Nehru National Solar Mission) in adding 20, 000 MW by the year of 2022.  The competition for production of generators, modules and solar cells as reported by Energy & Power Market Research, has also enhanced to offer improvised products. The JNNSM program will source 50% of local equipment that in turn will complement India, according to the Energy & Power Market Research.

The Probable Growth in Future

Due to urbanization, the energy consumption has doubled in recent years, making it necessary for the authoritarian bodies to find renewable sources in coping with the demands from households, industrial, commercials and other spaces. The Energy & Power Market Research states that in 2014 and 2013 the cost of solar panels fell by 12% and 19%, respectively. As these were available at cheaper prices, it helped financers to come together with Government initiatives, making it possible to project the mark of USD4 billion by 2020, according to market analysis report.

Indo-UK partnership will change fortune of electricity deprived remote villages

In order to enjoy power supply without disturbance from renewable energy sources, veteran people from United Kingdom and Indian Institute of Technology have decided to work jointly on this project. Brains who will represent two countries will strive to develop a new model which will derive energy from solar, biomass and hydrogen. Therefore this project is addressed as authentic initiative of UK and India to commence Bio-CPV for the purpose of development and unification of biomass and concentrated photovoltaic system, because of which electricity can be reached to the remote villages in both countries currently an experiment is being conducted in a  rural hamlet at Shantiniketan in India.  Actual problem with solar energy is; it cannot be availed through the sunlight for 365 days. Therefore we are endeavoring to take input of biomass so that the power supply will not get obstructed mentioned project leader, Shibani Chaudhuri. She expressed her gratitude about this futuristic project, this is happening for the very 1st time that human society has approved novel idea of utilizing 3 vital sources of green energy in India.

Complete set up of work is expected to be ready by October 2016, this year along with entire model.  Mrs. Chaudhuri, also stated that the original idea was to utilize solar energy during the day and to use biomass energy sourced from biological material in the night. This is the best example of alternative energy.  Hydrogen is kept as an optional source of energy in case of emergency. The UK-India combined research project is jointly sponsored by Research Councils UK and India’s department of science and technology.

Greek paid attention to US plea about oil and gas deal!

The US representative claimed that the US recommended the best way to Europe in order to secure energy supply by amplifying its sources and safeguarding the position in the competition. He further stated that having hold on other Oil & Gas sources would “benefit to gain command on the price, authenticity of supply and that will help to take sound political stand on the basis of supply system.” Market research has clearly shown that Turkish stream pipeline will develop an annual capacity of approximately 63 billion cubic meters out of which around 14 billion cubic meters of gas will be supplied to Turkey, and the rest will be diverted to a main hub situated on the Turkish-Greek border for other European customers.
Greek PM officially visited Moscow, it was a meet between Putin and Tsipras who concluded to join hands in the building of a new pipeline, which will become part of the Turkey Oil and Gas project this is perhaps considered as most viable option to pass on Russian Oil and Gas to Europe through the channel of Greece. The Russian president stated that now chances on the part of Greece are quite bright than they appear to become one of the main power distribution centers in pan Europe, and make hundreds of millions of Euros every year from gas transit. The Greek PM expressed his gratitude by being keen on this project. This project may prove to be a good start to create more employment and investment from the view point of Greek economy.