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Thursday, July 17, 2008

India’s Energy Security

According to the India government’s spokesman, 24 of the 35 nuclear power plants under construction in the world are in Asia. India has 6 nuclear plants under construction. Right now, India gets less than 3% of its electricity from nuclear. It is stressed that the Indo-US civil nuclear deal is necessary for guaranteeing India’s energy security. But, how?

As per the latest projections up to 2030 given in International Energy Outlook published by Energy Information Agency (EIA) of US Department of Energy, Nuclear power will contribute barely 5% of India’s total installed capacity of 398,000MW in 2030

The Indo-US civil nuclear cooperation and opening of the atomic energy to the private sector is going to change this scenario a bit. The estimate of 20,000 MW nuclear by 2017 would still constitute only 6.7% of the country’s total installed capacity. The EIS projections suggest that coal still remains the primary fuel for power accounting for over 43% in 2030. Fastest growth is projected for gas-based plants, providing one-third of the total capacity. The demand for the gas is estimated to be 114 billion cubic meter, of which sizable quantity of the natural gas would need to be imported. May be from Iran? India government should ensure that the nuclear deal with America should not affect the India-Iran relationship.

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