Study on India's Energy Security
IPCS and Assocham
Our expanding economy, growing population, rising standards
of living and limited availability of indigenous energy sources pose serious
challenges for India's long term energy security. Though some sectoral
initiatives like India-Hydrocarbon Vision 2025, target of doubling the
generation capacity to ensure "Power to all by 2012", normative target 20,000 MW
of nuclear power by 2020 and the Electricity Act 2003 have been commendable.
Still, no concerted efforts have been made to address the core problem.
We should not look at energy security in isolation from the
rest of the world. In a global marketplace, our energy security is directly
linked not only to our domestic supplies, but also to the global situation as a
whole. Our energy security also depends on an efficient domestic and
international infrastructure to support all segments of the energy supply chain.
In order to ensure energy security, it is imperative that a
unified energy policy be formulated. The goal should be to ensure reliable,
affordable and environmentally sound energy supplies on a long-term basis. Apart
from improving the indigenous production of crude oil, we should also try to
explore new and renewable sources of energy, which are available in
India in bounty. This is no
doubt a difficult goal but is achievable. We will need political will, best
efforts by industry leaders and experts, and above all, initiatives in science,
research and engineering technology.
Keeping this in view, the study makes attempts at exploring
avenues to create self-sufficiency in the supply of energy in
India in order to meet the
increasing demands of power generation and other needs which are essential to
give a thrust to the Indian economy. An overview of the energy security problem
in India, strategies for diversification of supply and use of alternative energy
resources are the main focus of the study.
New Delhi: IPCS and Assocham, 2004