Is India Moving Towards Green Energy Technology? A Bird’s Eye View

Abstract

Energy plays a key role in the economic development and quality of human life. India is the 3rd largest energy consumer and 5th largest energy producer. India is the second largest populated country after China and is the third-largest and fastest emerging economy in the world. The demand for energy has been increasing rapidly because of the growing energy consumption of all sectors such as the agriculture sector, industrial sector, commercial sector and residential sectors. The government of India is set to accomplish the USD 5 trillion economies by 2024-2025.Thus, it is expected that there will be a heavy demand for energy.
India’s energy demand has been met by two different energy sources namely fossil fuel sources and renewable energy sources, of which the former met maximum energy demand. The power sector depended mostly on fossil fuel a source because of the production of highest quantity of the electricity is by coal. The demand of remaining sectors namely transport, industries and residential sectors have been met by oil and biomass sources. In the sector-wise final energy consumption in India, the industry sector stands in the first place followed by the residential sector, transport, service, and agriculture sectors come next in order. Most of the energy demand was fulfilled by the conventional sources which are exhaustible and anti- environmental. Deployments of these sources will create different major environmental problems.