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INDIA NEWS Renewables Poised to Deliver Climate Solution: IRENA Emission reductions from renewables, coupled with energy efficiency improvements, must be at the heart of any effort to limit global temperature rise to two degrees Celsius, according to a report released today by the International Renewable Energy Agency (IRENA). REthinking Energy 2015 – Renewable Energy and Climate, finds that achieving a 36 per cent share of renewable energy by 2030 would result in half of all emission reductions needed to maintain a two degree pathway. Energy efficiency measures could supply the rest. “The energy sector accounts for more than two-thirds of global greenhouse gas emissions, and therefore must be the focus of climate action,” said Adnan Z. Amin, IRENA Director-General. “Transitioning rapidly to a future fuelled by renewable energy, accompanied by increasing energy efficiency, is the most effective way to limit global temperature rise. This transition is underway but it must be accelerated if we are to limit global temperature rise to two degrees Celsius.” According to the report, scaling up renewable energy to the level required to meet global climate objectives would contribute to at least 12 of the 17 United Nations Sustainable Development Goals by increasing energy access, improving quality of life and reducing poverty. The renewable energy sector employs 7.7 million people worldwide, creating more jobs per unit of electricity generated than coal or natural gas. If a 36 per cent share of renewables is achieved, employment levels could exceed 24 million jobs by 2030. To achieve a 36 per cent share of total energy, the uptake of renewable energy would need to increase six-fold from current levels. This would require that global annual investment nearly double, to exceed USD 500 billion in the period up to 2020, and more than triple to exceed USD 900 billion from 2021 to 2030. ExxonMobil showcases its lubricant portfolio at EXCON 2015 ExxonMobil Lubricants Private Limited showcased its outstanding lubrication products and solutions for the construction equipment and mining industry at the 8th edition of EXCON held in Bengaluru from 25th–29th November, 2015. ExxonMobil comprehensively elaborated on its safety, environmental care and productivity concept of sustainable development and practical experiences, attracting wide attention from participating companies and representatives. The mining industry is one of the most fundamental components of the industrial landscape and also one of the most challenging from a lubrication standpoint. With industry leading technology and engineering resources, Mobil Industrial Lubricants offers innovative products and services that help deliver tangible performance and “Advancing Productivity”- related benefits. “Advancing Productivity” focuses on how ExxonMobil’s innovative products and services help deliver tangible performance benefits in the areas of safety, environmental care and productivity. Safety: Enhance mining equipment performance and reduce equipment failures and unscheduled downtime, thus lower maintenance requirements and the potential risks in safety of maintenance personnel Environmental Care: Improve energy efficiency of lubricant, reduce oil waste and environmental impact; improve mining equipment performance to strengthen the comprehensive utilization of mineral resources Productivity: Improve mining equipment reliability, extend equipment life and ensure sustainable and efficient production The overall productivity and profitability of a mine site is directly linked to the reliability of equipment and as a result, it is vital that mining operators have equipment’s that function at maximum efficiency, even in extreme conditions. Mining equipment such as excavators, dump trucks, conveyer belts and loaders to name a few, are reliant on a number of lubricants to help them function. Whether it’s an engine oil, gear lubricant, hydraulic fluid or grease, one failure can bring the entire machine operation to a halt. The availability and output of these machines have a direct link to the overall productivity and profitability of a mining site, and operators can gain a competitive advantage by selecting high-performance lubricants. While the primary function of a lubricant is to protect equipment, reduce unscheduled downtime and extend oil drain intervals, advancements in lubricant technology now mean mining companies can select oils and greases which provide outstanding levels of protection as well as other potential benefits such as improved fuel economy. Heavy-duty diesel engine oils, hydraulic oils and greases work hand-in-hand to enable mobile machinery on mining sites to operate effectively. “The mining industry is beginning to recognize that in order to improve productivity, strategies need to be implemented with an operations-wide approach. Building a comprehensive, solutions-oriented maintenance plan, which takes into consideration the high-quality lubricant technologies and monitoring services that will best help to deliver operation-wide benefits, while reducing overall cost of maintenance, is one major way that mine operators can advance overall productivity of their operations,” said Mr Shankar Karnik, General Manager Industrial, ExxonMobil Lubricants Private Limited. He further added, “By combining the use of high quality lubricants and an effective oil and equipment analysis programme from ExxonMobil, mining operators can look to achieve a competitive advantage in their operations in challenging environments, helping to maximise productivity and reduce the fuel consumption potential of their mining machinery and equipment .Additionally, by reducing scheduled and unscheduled maintenance, the associated safety risks that engineers face when undertaking work can also be eliminated.” 14 energetica INDIA · NOV | DEC15


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