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Energy crunch: Russia could reap windfalls as other nations reel

2021-10-28 09:15:34       source:The Aljazeera

October 27, 2021


Bangalore, India – Raymond D’Costa woke up soaked in sweat. It was midnight and the power was out in his neighbourhood in Bangalore, India’s third-largest city. When it returned, the voltage was so low that the ceiling fan barely moved. A fresh outage took away even that whiff of comfort.


This pattern played out repeatedly on a recent sultry night. But D’Costa, a 43-year-old executive at an education startup, is worried that the worst is yet to come. “It’s going to get really bad,” he told Al Jazeera.


A desperate coal shortage at India’s power utilities this month is stoking those fears, as supplies struggle to keep up with a burgeoning demand for electricity in a reviving economy.


Read more:

https://www.aljazeera.com/economy/2021/10/27/energy-crunch-russia-could-reap-windfalls-as-other-nations-reel