World Energy Outlook Report 2012 and India

In The 2012 edition of the World Energy Outlook (by The International Energy Agency) was released on 12 November 2012 and there were a lot of lessons for India in it. Drawing on the latest data and policy developments the report presents analytical insights into trends in energy markets and what they mean for energy security, environmental protection and economic development. It sets out updated projections of energy demand, production, trade, investment and carbon-dioxide emissions, broken down by country.

According to the report, taking all new developments and policies in to account, the world is still failing to put the global energy system onto a more sustainable path. Global energy demand grows by more than one-third over the period to 2035. Despite the growth in low-carbon sources of energy, fossil fuels remain dominant in the global energy mix, supported by subsidies. Emissions in the New Policies Scenario correspond to a long-term average global temperature increase of 3.6^o C.

The outlook highlights the growing role of developing economies in global energy consumption, and the increasing share of non-fossil fuels in global energy supply. It emphasizes the central role markets and well-designed policy can play to meet the dual challenge of solving the energy needs of billions of people who aspire to better lifestyles, and doing so in a way that is sustainable and secure.
Other study aspects can be better seen by graphs. First graph is showing the growth in primary energy demand in different countries including India.

Here is a graph showing net oil imports by different countries including India and with future forecast as related with current situation

Here graph is showing the effect on environment related with Carbon Dioxide emissions

(Sources:International Energy Agency)

Source : Simply Decoded

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