Energy Hunger | Present Senario
Energy Hunger is an apt way to depict the present needs of India. Due to the rapid economic expansion, India has one of the world’s fastest growing energy markets and it is expected to be the second largest contributor to the increase in global energy demand by 2035 accounting for 18% rise in global energy consumption.
Although India is the 4th largest energy consumer in the world, it continues to remain energy hunger. Therefore, India’s energy hunger would keep on rising on the graph for which it needs consistent action. Here are few agendas under consideration
Energy Hunger | Plans of India
- India is 62nd country to ratify Paris Agreement on Climate Change. To go further on the INDCs, the Government has planned to increase renewable energy capacity to 175 GW by 2022 with nearly 58% to be generated from solar energy.
- India aims to achieve its target of 100 GW solar power by end of 2017. Government has recently approved installation of 15 GW new solar power plants mainly in the form of solar parks. Currently about 300 MW of solar power generated comes in from roof top installations.
- Electricity production in India stood at 1048.7 BU in FY15, 8.4% over previous years.
- Chhattisgarh Government has launched Saur Sujala Yojana to provide pollution free and liability free electricity throughout the year in the State.
- Out of 100 GW of solar energy, 40 GW is expected to come from rooftop installations, 30 GW form solar parks and 30 GW from other private or State Government schemes.
- As of December 2015, India’s total installed capacity based on renewable energy was 37,415 MW which is about 13% of the total installed capacity. By June 2016, this was 48,850 MW. Capacity of renewable energy surpassed that of hydel power for the first time.
Energy Hunger | Success story
- 7,779 remote villages have been electrified.
- Over 9,00,00,000 LED bulbs have been distributed through UJALA in 2015-16.
- Complete transparency has been adopted in e-auction of coal blocks.
- To empower citizens and create awareness among people mobile Apps such as GARV, UJALA and VIDYUT have been launched.
A substantial focus is being given to green energy and primarily the push has come from the Central Government for solar projects. There are also proposals for solar parks which are large scale solar energy generation projects apart from roof top solar energy generation. As long as any economic activity is viable and sustain itself in the long run, it would be successful in attracting private investments and bidding low tariffs as well.
A calibrated approach to maintain equilibrium between economic growth and environment protection is sustainable development, for which India needs a strong partnership between public and private sector.