With high economic growth rates and over 15% of the world’s population, India is a significant consumer of energy resources. According to the International Energy Agency (IEA, 2010), India’s 40% of energy consumption is from coal, 27% is from combustible renewables and waste, 24 % is from Oil, 6% from natural gas, 2 % from hydroelectric and 1 % from nuclear energy. Although nuclear power comprises a very small percentage of total energy consumption, civil energy cooperation with some nuclear fuel suppliers can help to increase the share.
International Energy Outlook 2011, concludes that world energy use will increase 53 % by 2035 with China and India accounting for half of the growth. Renewable energy is expected to grow most quickly over the next 25 years, with demand rising at 2.8 % per year and market share increasing from 10% in 2008 to 15% in 2035.
Indian energy scenario; (Source: World Bank – Google public data explorer)
Energy has always played an important role in human and economic development and in society. India’s rapid economic growth require more energy in coming years and only declining source of fossil fuels cannot solely fulfil this demand. Renewable energy is a solution and India is moving on this path to secure its energy requirement through some in house policies like Renewable Energy Certificates and National Mission of Enhanced Energy Efficiency.
Know more about National Action Plan on Climate Chnage