India is the world’s second most populous country and the world’s third largest economy—and it continues to grow at a rapid pace. It is also undertaking enormous efforts to provide modern energy products and services to millions of households living in energy poverty. In years to come, it will therefore have to deal with a substantial increase in the demand for energy. How will this demand be met?
This paper develops a broad framework for understanding the links between government interventions and the wider drivers of asset stranding and applies this to India’s coal power sector as a first case study.
In 2015, nearly 780 million people, or more than 60 per cent of the Indian population, did not have access to clean cooking. Like many countries, the Government of India has attempted to address this by subsidizing liquefied petroleum gas (LPG).
Solar power has a key role in India's transition towards universal household electrification by March 2019. India has a growing market for off-grid products, recording its highest sales volume of off-grid products in 2017.
Sustainable Development Goal (SDG) 7 calls upon the global community to ensure access to affordable, reliable, sustainable and modern energy for all by 2030. The High-level Political Forum on Sustainable Development (HLPF) in New York noted progress, but also established that the world is still not on track to reach the targets on energy access, energy efficiency and renewable energies.
Uttar Pradesh, India’s most populous state, is home to the country’s largest number of people without electricity access: as of late 2017, 14.6 million households—49 per cent of the state’s total—are yet to be electrified.