News Release
India's economic surge to drive global energy demand, but with low-carbon twist
India is set to become a major player in the global energy markets with a unique growth path, featuring lower energy intensity, a diverse energy mix and increased commodity imports, Wood Mackenzie's latest Horizons report reveals.
“India's growth story shares similarities with China's rapid expansion, but crucial differences set it apart,” said Yanting Zhou, principal economist at Wood Mackenzie. “While energy demand will surge, India's industrial sector is less energy-intensive, and the country is better positioned to adopt efficient, low-carbon technologies compared to China in the 2000s.”
