
The world is in transformation, and energy is at the center of it. Since 2000, India has been responsible for over 10% of the rise in global energy demand. India's energy demand has nearly doubled during this time, with the country's share of world demand rising to 5.7 percent in 2013 from 4.4 percent at the turn of the century. India's primary energy demand has increased from approximately 441 Mtoe in 2000 to approximately 775 Mtoe in 2013. In 2030, this demand is predicted to rise to around 1250 million toe (according to the International Energy Agency) or 1500 million toe (according to the Integrated Energy Policy Report). India's energy consumption has nearly doubled since 2000, with significant room for continued rapid expansion. However, the rise in domestic energy generation is far insufficient to meet India's consumption requirements.Imports will account for more than 40% of primary energy supply by 2040, up from 32% in 2013. It's also worth noting that no country has ever been able to achieve a Human Development Index of 0.9 or higher without having at least 4 toe of yearly energy supply per capita. As a result, there is a significant unmet demand for energy services that must be met in order for people to have adequate earnings and a decent standard of living. India can use green hydrogen to decarbonize its energy-intensive sectors including industry, transportation, and power.
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