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[September Thematic Report] Energy Security in India

by Yashaswi Hegde | 25-10-2023 00:09



India¡¯s energy security is a complex issue that intertwines with the country¡¯s rapid economic growth and increasing energy needs. The government has implemented various strategies and initiatives to ensure a secure and sustainable energy future for the country

The diversification of energy supplies is a key strategy for enhancing India¡¯s energy security. This involves not only exploring and utilizing different sources of energy but also investing in renewable energy sources like solar and wind power. This diversification helps to reduce dependence on any single source of energy, thereby increasing the resilience of the energy system.

In addition to diversification, increasing India¡¯s exploration and production footprint is another crucial aspect of the country¡¯s energy security strategy. This involves exploring new areas for energy production and increasing the capacity of existing production facilities. By doing so, India can ensure a steady supply of energy to meet its growing needs.

The government has also focused on alternative energy sources to meet the country¡¯s growing energy needs. For instance, the Green Hydrogen Mission aims to produce hydrogen using renewable energy sources. This not only provides an alternative source of energy but also helps in reducing carbon emissions, thereby contributing to environmental sustainability. The mission outcomes projected by 2030 are: Development of green hydrogen production capacity of at least 5 MMT (Million Metric Tonne) per annum with an associated renewable energy capacity addition of about 125 GW in the country.

Meeting the energy transition through a gas-based economy, green
hydrogen, and electric vehicles (EVs) is another key aspect of India¡¯s energy security strategy. This involves transitioning from fossil fuels to cleaner and more sustainable sources of energy. Such a transition not only ensures a steady supply of energy but also contributes to environmental sustainability.

Several initiatives are shaping India¡¯s energy transition. These include:


  • The Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) scheme. As of July 11, 2022, about 4,69,315 Electric Vehicles were supported by way of Demand Incentive amounting to about Rs. 1869 crores.

  • Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA) scheme.

  • Green Energy Corridor (GEC) project. The GEC Phase-II program aims to add 10,753 km of transmission lines and 27,546 MVA capacity of substations across seven states.

  • National Solar Mission (NSM). As of June 30, 2023, solar power installed capacity has reached around 70.10 GW.

  • National Biofuels Policy and SATAT.

  • Small Hydro Power (SHP) program. As of January 31, 2011, from 801 SHP projects (up to 25 MW), an aggregate installed capacity of 2,953 MW has been installed.

  • International Solar Alliance (ISA).

In conclusion, India¡¯s approach to energy security is comprehensive, involving a mix of strategies aimed at diversifying energy supplies, increasing exploration & production, utilizing alternative energy sources, and transitioning to cleaner forms of energy. These efforts are crucial for ensuring a secure and sustainable energy future for the country.

Reference:

  1. Ministry of Power, Government of India. ¡°Power Sector at a Glance ALL INDIA.¡±
  2. Ministry of New and Renewable Energy, Government

Image credits: https://thinksknowledge.com/energy-security-in-india/