By Pattabi Seshadri & Rahool Pai PanandikerThe year 2022 marked the end of innocence in global energy markets. This growth is estimated to be six times global average whereby India would contribute to approximately 25% of total global energy demand growth until 2040 [3]. It is one of few large nations on track with its renewable energy targets, with more than 170GW of non-fossil fuel based installed generation capacity [5]. India’s direction of travel is clearly set with bold vision and ambition, the solution spaces are broadening, and the pace of progress is accelerating.Despite its ambitious vision for a sustainable energy future, India's energy sector is plagued by several challenges. India Energy Week has been a promising dawn of India’s energy decade.References:1.
Source: Hindustan Times February 10, 2023 12:33 UTC