'India will have to reduce energy consumption by 20%’

CHENNAI: Some sections view the current economic meltdown as a direct fall-out of consumption exceeding money supply. Power policy makers of the
country seem to have stuck on the analogy to caution energy con-sumption in urban India.
“In fact, we need to expand energy con-sumption in this country, mainly to the two-thirds of our population who have scarce or no access to electricity, and non-biomass fuels,” said Planning Commission principal adviser (energy) Surya P Sethi. India’s per capita consumption of power is 20% the world average, 4% that of the US, and 28% that of China. “To achieve a desirable human development index growth, the pres-ent power consumers will have to cut their usage by 20%, by which growth may come down by a percentage point or two”. Speaking at the panel discussion on sustainable electricity in India, at Pan IIT, an IIT alumni conference, at the Indian institute of technology Madras on Saturday, he said the situation was potentially explosive unless we invest talent, technology and innovation in equitable allocation of basic resources like energy, water and land.To achieve 20% energy conservation we need to increase the energy efficiency of our appli-ances by 20%, he said. READ MORE...
Source: The Economic Times