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Electricity demand and supply projections for Indian economy

Author

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  • Subhash Mallah
  • N.K. Bansal

Abstract

The present paper deals with an econometric model to forecast future electricity requirements for various sectors of Indian economy. Following the analysis of time series of sectoral GDPs, number of consumers in various sectors and price indices of electricity, a logarithmic linear regression model has been developed to forecast long-term demand of electricity up to the year 2045. Using the historical GDP growth in various sectors and the corresponding electricity consumption for the period 1971-2005, it is predicted that the total electricity demand will be 5000 billion kWh, against a supply of 1500 billion kWh in the year 2045. This may lead to a disastrous situation for the country unless drastic policy measures are taken to improve the supply side as well as to reduce demand.

Suggested Citation

  • Subhash Mallah & N.K. Bansal, 2009. "Electricity demand and supply projections for Indian economy," International Journal of Energy Technology and Policy, Inderscience Enterprises Ltd, vol. 7(2), pages 167-179.
    • Handle: RePEc:ids:ijetpo:v:7:y:2009:i:2:p:167-179
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    Citations

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    Cited by:

    1. Mallah, Subhash & Bansal, N.K., 2010. "Nuclear and clean coal technology options for sustainable development in India," Energy, Elsevier, vol. 35(7), pages 3031-3039.
    2. Mallah, Subhash & Bansal, N.K., 2010. "Allocation of energy resources for power generation in India: Business as usual and energy efficiency," Energy Policy, Elsevier, vol. 38(2), pages 1059-1066, February.
    3. Mallah, Subhash & Bansal, N.K., 2010. "Renewable energy for sustainable electrical energy system in India," Energy Policy, Elsevier, vol. 38(8), pages 3933-3942, August.
    4. Kumar, Subhash & Madlener, Reinhard, 2016. "CO2 emission reduction potential assessment using renewable energy in India," Energy, Elsevier, vol. 97(C), pages 273-282.

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