India to be 'single largest' source of global oil demand growth through 2030: IEA
India’s oil consumption is set to increase at a faster pace than others as it’s still in the initial stages of economic development, says IEA
India’s oil consumption is set to increase at a faster pace than others as it’s still in the initial stages of economic development, says IEA
By 2050, India’s total electricity demand from residential air conditioners will exceed total electricity consumption in whole of Africa today, says the global energy agency
India has increased purchases from almost nothing to close to 2 million barrels per day, while China has raised liftings by 500 kb/d to 2.2 mb/d, IEA says
Almost half of the additional $200 billion in capital investment in 2022 is likely to be eaten up by higher costs, rather than bringing additional energy supply capacity or savings, says IEA
Around 16 million electric cars are on the road worldwide, consuming 30 TWh of electricity per year, equivalent to all the electricity generated in Ireland.
That is the minimum amount that India needs to finance its green push and meet its 2030 emissions target. Green bonds could be a big help.