BP Energy Outlook – 2019; “Insights from the Evolving Transition Scenario – India”

The Energy Outlook (prepared by The British Petroleum Company – BP Energy) explores the forces shaping the global energy transition out to 2040 and the key uncertainties surrounding that transition. It shows how rising prosperity drives an increase in global energy demand and how that demand will be met over the coming decades through a diverse range of supplies including oil, gas, coal and renewables. According to the findings of this energy outlook-

• India’s share of total global primary energy demand is set to roughly double to ~11% by 2040, underpinned by strong population growth and economic development
  1. India accounts for more than a quarter of net global primary energy demand growth between 2017-2040.
  2. 42% of this new energy demand is met through coal, meaning CO2 emissions roughly double by 2040.
  3. Gas production grows but fails to keep pace with demand, implying a significant growth in gas imports.