Moderate Growth in India's Electricity Demand Amid Shifts in Generation Sources
The International Energy Agency projects India's electricity demand to grow by 4% in 2025, following a 6% rise in 2024. Factors like cooler summers and global economic effects caused demand shifts. Increased renewable and nuclear capacities are noted, while coal and gas-fired generations show a varied trajectory.
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- India
India's electricity consumption is anticipated to increase by a modest 4% in 2025, according to the International Energy Agency (IEA). Cooler summer temperatures and global economic uncertainties influenced the shift in demand, which starkly contrasts last year's 6% growth.
The mid-year report by the IEA highlights that while global demand for power surges, India's and China's growth is expected to moderate compared to 2024. India sees a restrained rise due to industrial impacts and weather, while China's growth has tapered from 7% to 5%.
A significant increase in renewable energy output, particularly from solar and wind, along with added nuclear capacity, impacts the energy mix. This growth comes as coal-fired generation sees a noticeable decline, though it might rebound slightly in the year's latter half.
(With inputs from agencies.)
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