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41	41	With a yearly growth rate of 8% in 2018 over 2017, the highest in last 11 years, India’s energy consumption growth doubled in 2018 as compared to 2017. Growth in Renewables stood highest at 27% followed by coal and gas at 8.7% and 8.1% respectively. Coal has made a strong comeback with highest ever absolute increase of over 36 MTOE .
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43		-India’s increased consumption was accompanied by increased carbon emission as well. Carbon intensity of energy i.e. Kg CO emitted per Kg of oil equivalent energy use in 2 major energy consuming regions is shown in Figure 5. In 2014, both China and India had the similar carbon intensity of energy but with continued interventions by Govt. of China like addition of renewable capacities, coal to gas switching, electrification of transport etc. China has been quite successful in reducing carbon emissions. Although, Govt. of India is also pushing use of renewables and electrification of transport to reduce carbon emissions and urban pollution, but additional all-round efforts are also needed to encourage switching from polluting fuels like coal, petcoke, fuel oil to cleaner fuel alternatives to form a cleaner primary energy mix.
	43	+India’s increased consumption was accompanied by increased carbon emission as well. Carbon intensity of energy i.e. Kg CO emitted per Kg of oil equivalent energy use in 2 major energy consuming regions. In 2014, both China and India had the similar carbon intensity of energy but with continued interventions by Govt. of China like addition of renewable capacities, coal to gas switching, electrification of transport etc. China has been quite successful in reducing carbon emissions. Although, Govt. of India is also pushing use of renewables and electrification of transport to reduce carbon emissions and urban pollution, but additional all-round efforts are also needed to encourage switching from polluting fuels like coal, petcoke, fuel oil to cleaner fuel alternatives to form a cleaner primary energy mix.
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45	45	As per Company’s analysis, Gas sector in India has significant demand potential. For instance, gas consumption in industries and refineries can touch 65MMSCMD and 80MMSCMD respectively. Power, the anchor consumer segment, which only consumed 33 MMSCMD in 2018, has a demand potential of over 100 MMSCMD without any additional investments as around 25 GW of power generation capacity already exists. Indian power sector alone has the potential to save around 120 million tonnes of CO 2 emission per year (i.e. 5% of India’s total CO emission) if opted to switch from coal to gas. Further, with addition of Renewable Energy capacities, gas based power can play a 2 major role for balancing the intermittencies in the grid.
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