The Economic Times daily newspaper is available online now.

    World switches on to electrification; India holds back

    Synopsis

    COP31 in Antalya emphasizes electrification, with Turkiye targeting 35% by 2035 and several countries signing the pledge. India, despite its growing electricity demand and near-universal grid access, has not yet joined the initiative. Concerns about new commitments and clean energy targets are influencing India's decision. The International Energy Agency predicts a significant increase in India’s electricity share by 2035.

    Listen to this article in summarized format

    World Switches on to Electrification; India Holds BackET Bureau

    Türkiye is pushing a voluntary target of 35% electrification by 2035 at COP31, with 14 countries joining the pledge, while India has yet to sign up.

    Antalya: Electrification is the major focus at COP31. Host Turkiye has a voluntary goal of 35% electrification by 2035. As of now, 14 countries have signed up to the pledge. They include host Turkiye, Australia, which is leading negotiations, and Ethiopia, which will host COP32 next year. Germany, the UK, Norway, Finland, South Korea, Pakistan, Zambia, Eswatini and Togo have also joined. While the European Union is considering the pledge, India has not joined.

    COP31, being held in the Turkish city of Antalya, began on November 9 and ends on November 20.

    Nearly 100% of Indian households are connected to the grid but electricity as a share of final energy consumption accounts for approximately 19%, and it goes up to 23%, when commercial energy use is included. According to the International Energy Agency (IEA), India's share of electricity in final energy consumption is expected to expand significantly to 32% by 2035 with transport electrification playing a major role. IEA experts say that this increase can be achieved using existing technologies.


    India's share of energy consumed as electricity is shy of the global average of 23%. However, given the growth in India's electricity demand, expected to grow annually at 5-6% and its domestic policy targets, the country could still join the electrification pledge. India's reluctance to join can be ascribed to its unwillingness to sign on to any commitment outside the negotiations. Observers say that India is also concerned that it could lead to taking on new targets and commitments. There are concerns that the target might specify clean energy. On this front, India faces some real constraints despite its growing renewable energy capacity.

    "If India doesn't sign, it won't be because it opposes electrification," said Neshwin Rodrigues, senior energy analyst, Asia, at Ember, an energy think tank. "Higher electrification is already under way, and India's own draft electricity policy expects electricity's share of total energy use to double by 2047."

    Beyond the reluctance to sign, India does have some serious challenges when it comes to increasing the share of electricity in final consumption. Grid infrastructure bottlenecks, high upfront costs, and technical limits with regard to heavy industry are largely the reasons for the lag, even though India has achieved near-universal household connections and has progressive policies in place.

    Electrification that is dependent on clean renewable energy requires investment in grids and storage.

    Add ET Logo as a Reliable and Trusted News Source

    (You can now subscribe to our Economic Times WhatsApp channel)

    (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)

    Subscribe to The Economic Times Prime and read the ET ePaper online.

    ...more
    The Economic Times

    Stories you might be interested in