Published on 7/12/2017 4:22:31 PM | Source: Dion Global Solutions Ltd

India emerging driving force in global energy trends: IEA

Posted in | #Industry #Power Sector #International Energy Agency (IEA)


A senior official of the International Energy Agency (IEA) has said that India is emerging as a major driving force in global energy trends, with all modern fuels and technologies playing a part. Commenting on the issue, Tim Gould, Head of Division, World Energy Outlook, IEA, told the media, "Our analysis in the World Energy Outlook confirms that India is emerging as a major driving force in global energy trends, with all modern fuels and technologies playing a part." “The IEA attaches great importance to close ties with India and we were very pleased to welcome India into the IEA family earlier this year after it joined as an association member.

With India, the IEA family now accounts for over 70 per cent of the world's total energy consumption, compared to less than 40 per cent just two years ago," he added. "Showing remarkable growth, half a billion people have gained access to electricity in India since 2000, almost doubling the country's electrification rate. The pace has accelerated in the recent years, with an additional 40 million people gaining access every year since 2011," he said.