India is World’s Fourth Largest Energy Consumer
From India Daily News
India, currently the fourth largest energy consumer in the world, together with China will account for the biggest share of Asian energy demand growth through 2035, according to a new report.
The fourth largest energy consumer after the United States, China, and Russia, India was the 10th largest economy in the world in 2011 growing at an annual rate of approximately 7 percent since 2000, according to the US Energy Information Administration (EIA).
In the International Energy Outlook 2011, EIA projects India and China to account for the biggest share of Asian energy demand growth through 2035.
Risks to economic growth in India include high debt levels, infrastructure deficiencies, and political polarization between the country’s two largest political parties, it says.
Noting that India’s energy policy above all focuses on securing energy sources to meet the needs of its growing economy, IEA said
while primary energy consumption in India has more than doubled between 1990 and 2011, its per capita energy consumption remains lower than that of developed countries.
By posting your comment, you agree to abide by our Posting rules