News for the IET
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News for other PEI
Osmania University new-age technique harvests water in dry spelledit
By Sunil Mungara
“During the study, three locations were identified on the campus for harvesting rainwater. There is no need for overflow structure as all the locations have buffer storage,” said N Suresh Kumar, professor in the department of civil engineering, OU. The report on rainwater conservation was submitted at a seminar ‘water scarcity possible water wars in future’ held in the city recently. The report was published in the journal of the Institution of Engineers (India).
Institution of Engineers (IEI)Industry News: Information and Communications
India bets big on AI; NITI Aayog working on a national policy and incentivesedit
By Apurva Venkat
India will have a national policy on Artificial Intelligence soon, the initiative being spearheaded by National Institution for Transforming India, NITI Aayog. The policy will outline the areas of research, adoption, and ways of gaining profits out of the technology.
Artificial IntelligenceThird Party Risks Leave Companies More Vulnerable to IoT-Related Cyber Attacksedit
Participants in the study indicated that C-level management does not fully understand the risk related to IoT devices used by third party vendors and only 17 percent of respondents say their organizations’ board of directors have a high engagement and understanding of cyber risks relating to vendors or third parties.
cyber riskIoTOil and Gas Companies Increasingly Invest in Clean Tech Analytics IoTedit
A second key area of investment was in operational improvement; technologies which offer the potential to enhance operations in the oil and gas industry. Startups in this category offer Internet of Things (IoT), analytics, and reserve replacement and enhancement capabilities. Startups working with conventional energy too received attention from the industry’s behemoths; these companies develop products that use hydrocarbon generated energy
AnalyticsIoTConsumer electronics and the role of techedit
One of the biggest trends in the coming times will be IoT (internet of things) and digital centralisation. IoT has entered the next stage of business promising value instead of potential, convergence/integration and ever more IoT-enabled projects instead of pilot projects. Now, the focus is moving from what IoT can do to what it does, how exactly it fits into business goals and how it generates value.
digital centralisationIoTIndustry News: Future of Mobility
Electric cars could get cheaper than petrol cars in 7 years: Studyedit
By Immanuel Jotham
Electric cars are on the way to becoming ubiquitous on the road in about seven years, as long as the grid supports it, batteries become cheaper and finally, consumer demand is strong enough to drive prices down. Electric vehicles (EV) are also bound to get cheaper in the coming years, according to a Bloomberg Energy Finance study. EVs are bound to get cheaper than the fossil-fuel powered cars by 2025, Futurism reports quoting the study.
e-carsElectric VehiclesElectric, Hybrid Vehicles to get cheaper: Rs 1.5 lakh to 3 crore rebate to be announced under FAME IIedit
To promote the use of cleaner and greener vehicles, Government if India is likely to extend a financial support of Rs 8,730 crore under Faster Adoption and Manufacturing of (Hybrid &) Electric (FAME) scheme in India. The new financial support will be valid for five years but will be restricted to new energy vehicles like hybrids and electric vehicles used for public transport, commercial purposes, and two-wheelers.
Electric VehiclesWith EVs, will oil demand fall? Find what number saysedit
Do you think with the adoption of electric vehicles, the demand for oil will decline? As the auto industry is betting big for electric vehicles mainly to maintain cost, cut oil consumption, and reduce pollution. But if we go by the numbers, recently released by International Energy Agency (IEA), it unfolds a different story. The IEA report shows, the world oil demand rose by 1.6 per cent (or 1.5 million barrels a day) in 2017, a rate that was more than twice the annual average seen over the last decade. And this was one of the main growth drivers in the transport sector.
Electric VehiclesIndustry News: Education
Paradigm shift in higher educationedit
By James Abdey
Technological advancement, or the “economy of ideas”, has perhaps been the most significant beneficiary of rapid globalisation. Mobile phones, via smartphones, are ceding way to smart wearable devices, and the assembly line is being threatened by 3D printing. Artificial intelligence and machine learning are predicted to displace millions of jobs through automation in the years and decades ahead.
Artificial IntelligenceHigher EducationMachine LearningRaghuram Rajan: Advances in Artificial Intelligence to change job scene furtheredit
Nidheesh M.K
Former Reserve Bank of India governor Raghuram Rajan illustrated this point by talking about his current job, as a professor of finance at the University of Chicago Booth School of Business.
AIJobsTelecom sector to create 10 mn jobs in next five years: Telecom Sector Skill Counciledit
The telecom industry, which has been been witnessing job losses due to consolidation, is expected to create over 10 million employment opportunities in the next five years, as per the skill development body for the sector. “There are 4 million people employed in the telecom sector and by the end of five years, 14. 3 million people will be employed in telecom as well as telecom manufacturing,” Telecom Sector Skill Council (TSSC) CEO S P Kochhar told PTI in an interview.
Job opporunitiesSkill DevelopmentTelecomInclusive universitiesedit
By Divya Trivedi
A major proportion of the increase is accounted for by private institutions offering professional degree programmes such as in engineering, computer science, pharmacy and teacher certification. India will become the “youngest” country by 2020 with a median age of 29 years, which will make it the largest labour force in the world and the biggest consumer market.
EngineeringHigher EducationUncategorized
Targeted municipal bonds could be one way of financing rooftop solar projectsedit
India’s ambitious solar target—100 GW by 2022—envisions at least 40GW of rooftop solar taking off in the country. However, at the current rate of progress, it is doubtful if the country would be able to achieve even half the installed rooftop-solar capacity by then—as of December 2017, a mere 982 MW capacity had been created. Ironically, though, rooftop solar was the fastest-growing segment in the renewable energy space in FY17, on the back of government support for creation of such facilities.
Renewable EnergySolar EnergyLast sparks in non-solar RECs as regulated prices stifle marketedit
By Shreya Jai
“There was an overall improvement in the renewable purchase obligation (RPO) which led to turnaround in the non-solar RECs. After more than five years, demand of RECs exceeded supply However, due to huge backlog, RECs were sold at the floor price,” said a trader. Against a demand of 14 million RECs, there were 4.8 million non-solar RECs.
Renewable EnergySolar EnergyInternational Solar Alliance, India ink host country agreementedit
Minister of state, external affairs, General V.K. Singh stressed that ISA has an onerous task at hand to mobilise over $1 trillion of investment into the solar sector and deploying over 1000GW of solar capacity. He also stated that ISA need to firm up financial partnership deals with more multilateral and bilateral donor agencies in order to meet its stated objectives.
Renewable EnergySolar EnergyIndia surpasses Japan and Russia in electricity generationedit
As per the data released by India Brand Equity Foundation (IBEF), India has produced 1,160.10 billion units (BU) of electricity–one BU is enough to power 10 million households (one household using average of about 3 units per day) for a month–in financial year (FY) 2017. Renewable energy now contributes to 18.79% of India’s energy, up 68.65% since 2007. About 65% of installed capacity continues to be thermal.
Renewable EnergySolar Energy