India's energy compulsions and carbon footprint

It is not uncommon for households and industries in India to keep backups for energy supply. After all, load shedding has been a regular menace even in metro and urban areas. As per World Bank, in 2008, India faced a 16.6% shortfall of electricity during hours of peak consumption. This was on the back of a 9.9% gap in energy generation. Coal is seen as the key solution to India's power shortage, a daunting barrier to the country's development. Primarily because people in semi urban and rural areas cannot afford costly electricity produced from renewable sources. India has 10% of the world's coal reserves. India's reserves are the biggest after the US, Russia and China. However, it had to import about 70 m tonnes of high grade coal in FY09, mostly for making steel. The country plans to add 78.7 gigawatts of power generation during the five years ending March 2012. Most of it will be from coal, which now accounts for about 60% of India's energy mix. Even if India is on track with its renewable energy plans, coal will still account for about 55% of its power supply by 2030. The emerging economies have often insisted that rich nations have caused global warming. The developed ones that are done with their industrial growth are happy to comply with emission norms. Renewable energy is steadily gaining ground in the West. However, looking at the high cost of solar and wind energy, the questions that arises is - can India afford them? India, the world's fourth largest greenhouse gas emitter is still very low on per-capita emission. The country's industrial electricity tariffs are amongst the highest in the world, a measure aimed at deterring wastage. Nevertheless, it is under pressure to cut pollution to battle climate change. This is at a time when the nation's demand for power is rising with more Indian middle class buying houses and electronic items. India has committed to contributing towards reducing "carbon intensity". It has set a goal to rein the amount of carbon dioxide (CO2) emitted per unit of economic output by 20 - 25% until 2020. However, what is the price that the nation will have to pay? Does this mean that India's future will once again be pushed into 'darkness'? The 5 minute wrap-up, December 7, 09