| Date | Jan-Mar 2017 |
| Author | Ajay Marchanda |
| Publication Name | The Federation of Indian Petroleum Industry (FIPI) |
Introduction:
Energy is significant for accomplishing the objective of higher economic growth as being related by its consumption. At present the fossil fuels, viz. oil, gas and coal meet around four-fifth of world’s total energy demand, which will continue to be dominant in the next two decades. India’s primary energy share in global energy consumption (around 13,047 MTOE) is its highest ever, being the third largest energy consumer in the world. Amongst the fuels within primary energy, Coal remains dominant at 58.1%, Oil around 28.5% and gas about 6.5%. Among the non-fossil fuels, nuclear and hydro have shares around 1% and 4% respectively and renewables 2.2% in 2015. However, in the coming years, it is set to contribute more to energy demand than any other large country with sustained economic growth and great industrial activity .
