Post on 31-Jul-2015
superPOWER
superPOWER
burningburning
Prasanto K Roy
Prasanto K Roy
Greenpeace| CIOL.com / Mar 2013
Greenpeace| CIOL.com / Mar 2013How India’s current account deficit stems
How India’s current account deficit stems
from an energy-security vision deficit
from an energy-security vision deficit
The
The
Defi
cit
Defi
cit
$$7575BBIndia’s India’s Current Account Deficit
Current Account Deficit
31% of India’s total imports is oil
The
The
Defi
cit
Defi
cit
$$140140BBIndia’s 2011-12
India’s 2011-12Oil Import Bill
Oil Import Bill
The
The
Defi
cit
Defi
cit
25% 2003-04
53% 2031-32% of commercial energy use
based on IMPORTS
(Planning Commission)
Hig
h
Hig
h E
nerg
yEnerg
y
Hig
h
Hig
h E
nerg
yEnerg
y 7070%%
India’s energy generation is
India’s energy generation is
from fossil fuels
from fossil fuels4040% Coal% Coal2424% Crude
% Crude66% natural Gas
% natural GasInternational Energy Agency
International Energy Agency
$$5858 bnbnLosses est. from India’s
Losses est. from India’s10% power
10% power deficitdeficit
Hig
h
Hig
h E
nerg
yEnerg
y
1515%%2020 renewable-energy
2020 renewable-energy
target NAPCC 2008
target NAPCC 2008
Hig
h
Hig
h E
nerg
yEnerg
y
2020%%2020 renewable-energy
2020 renewable-energy
target recommended by
target recommended by
Greenpeace E[R]
Greenpeace E[R]
147 GW mostly wind and solar.1 mn 1 mn more jobs (1.8 mn
more jobs (1.8 mn
tot.) vs 7k jobs (nuclear)
tot.) vs 7k jobs (nuclear)
and 0.5mn (coal)
and 0.5mn (coal)
Hig
h
Hig
h E
nerg
yEnerg
y
33 Indust
rial
Indust
rial
Revo
luti
ons
Revo
luti
ons
Convergence: Energy +
Convergence: Energy +
Communication Tech
Communication Tech1.1. Coal/steam engine
Coal/steam engine
+ press + press 2.2. IC engine + telephony
IC engine + telephony
Centralized power
Centralized power3.3. Internet +
Internet + Distributed power
Distributed powerJeremy Rifkin / FICCI MegaTrends 2020 project
Jeremy Rifkin / FICCI MegaTrends 2020 project
3rd
3rd
Indust
rial
Indust
rial
Revo
luti
on
Revo
luti
on
Disruptive
Disruptive ChangeChange1.1.Distributed power
Distributed power2.2.Smart grids
Smart grids3.3.MicrogridsMicrogrids4.4.Services: Big shift
Services: Big shift5.5.EVs and hybrids
EVs and hybrids
Energ
yEnerg
y Not [just] a
Not [just] a climate climate
change change issue
issue Self-sufficiency
Self-sufficiency key to India’s future
key to India’s future Mega-disruptive
Mega-disruptive Huge
Huge opportunity.
opportunity.
superPOWER
superPOWER
burningburning
Prasanto K Roy
Prasanto K Roy
CIOL/Greenpeace| Mar 2013
CIOL/Greenpeace| Mar 2013