India will continue to depend on coal power till 2047: Report

India’s dependence on coal will continue even after three decades from now with an estimated share of 42-50 per cent of the country’s energy mix, said a report.

The report, titled ‘Energising India’, has been jointly prepared by the NITI Aayog and the Institute of Energy Economics, Japan.

The report further said that penetration of renewable energy will increase from 3.7 per cent in 2012 to 11-14 per cent in 2047.

The Aayog, however, pointed out that the research report does not represent the views of the government or that of NITI Aayog.

“India’s reliance on coal will persist even in 2047 with an envisaged share of 42-50 per cent in energy mix. India would like to use its abundant coal reserves as it provides a cheap source of energy and ensures energy security as well,” the report said.

It said India, with the fourth largest coal reserves, would like to use its abundant supplies efficiently to maintain energy security.

“India will achieve peak production of coal in 2037, after which the production will decline and India will depend on imports to meet its requirements,” it said.

Moreover, according to report, the penetration of renewables is definitely going to increase with its share rising to 11-14 per …read more