Indian Energy

Indian energy India's energy requirements, which in 2010 amounted to 691 Mtoe (mega tonnes of oil equivalent) in a BAU (business as usual) scenario, will reach 1500 Mtoe by 2030. Primary energy demand by fuel type 2010 data 2030 BAU data • 113 MTOE • 53 MTOE 1.508 MTOE gas 35 MTOE -• 7 MTOE nuclear 373 MTOE 691 MTOE 166 MTOE • 21 MTOE liquids --• 10 MTOE hydro 750 MTOE 283 MTOE • 56 MTOE 160 MTOE • 12 MTOE non-commercial coal renewables CAGR 2010 2030 5% 4.1% 3.9% 3.8% 8.0% 8.4% 0% coal liquids gas hydro renewables nuclear non-commercial Fuel supply required to meet 2030 demand The following chart shows how much of the fuel needed to satisfy Indian primary energy demand will come from domestic sources and how much will be imported. Although BAU assumes a substantial increase in the domestic production of coal, oil, gas, hydroelectric, nuclear and renewable energy, this increase is not sufficient to satisfy demand. domestic production imports 2010 484 MTOE (70%) • domestic production 207 MTOE (30%) 691MTOE imports coal 260 313 573 liquids 20 202 222 gas 29 50 79 hydro 11 11 nuclear 28 28 renewables 44 44 2030 736 MTOE (49%) • domestic production 1,508MTOE 772 MTOE (51%) imports production decline -140 MTOE Import share in energy consumption Due to the growth in domestic energy demand, Indian dependence on imports will increase from 30 to 51 percent of primary energy requirements. As a result, India will be one of the most import-dependent large economies. 2010 import values Expected import values within 2030 80% 60% 51% 30% 27% 22% Russian Federation 10% 7% Indonesia Korea US Brazil UK Germany India China Japan Expected to decrease Expected to increase to 20% by 2030 to 1% by 2030 -32% -80% -89% Source: World bank, BP Energy Outlook 2030, McKinsey analysis, McKinsey Global Energy Perspective, IEA, © 2014 ABO