Mission India: Energy Security now and for the future
"Historically, there exists a significant association between the energy consumption and countries composite indicators of human well-being, commonly known as Human Development Index (HDI). Initially, countries with low per capita energy consumption tend to have a low HDI, which starts to grow rapidly i.e., a higher HDI goes hand in hand with increased per capita energy consumption. Dubash (2012) opines that no country in history has improved its HDI without a corresponding increase in energy consumption and India cannot be any exception to this trend. At present, Indiaâ€™s per capita energy consumption is approximately 20 per cent of the global average. It is about 4 per cent of the USA and 28 per cent of China per capita energy consumption. Thus, India needs to ensure sustained growth in energy consumption in coming decades to fulfill the aspirations of her citizens. Unlike in the past, India has, however, little leverage to increase energy consumption without looking at the consequences of the same on the emission profile. The Intended Nationally Determined Contributions (INDCs), submitted recently by the Government of India to the United Nations Framework Convention on Climate Change (UNFCC), capture Indiaâ€™s position with
The signing of Paris agreement by India, concomitant with its submission for Intended Nationally Determined Contribution (INDC), has charted out the path that India plans to adopt for energy security. While India plan in the past has always looked good on the paper, how far India would be able to meet the target leaves a big question mark. In addition, India submission to INDC fails to address how India would meet its energy security in the transportation sector.