[01] Chanchal Kumar, Department of Political Science, Janki Devi Memorial College, University of Delhi, India.

Energy is the prime mover of a country’s economic growth. In the last decade India has been one of the most developing countries of the world with an average GDP growth of around 6% and around 8% in last couple of years. With the growing GDP of 8%, India is moving parallel to China in terms of development, but the energy consumption is catching up as well. But the country is finding it increasingly difficult to source all the oil, natural gas, and electricity it needs to run its booming factories, fuel its cars, and light up its homes. According to a report by IEA (International Energy Agency), India needs to invest a total of 800 billion dollars in various stages by 2030 to meet its energy demand. India accounts to around 2.4% of the annual world energy production, but on the other hand consumes 3.3% of the annual world energy supply. And this imbalance is estimated to surpass Japan and Russia by 2030 placing India into the third position in terms of annual energy consumption. Therefore, after summing up all the energy issues, energy security has been identified as the only tool to overcome the energy concerns.

Nuclear Energy, Energy Security, India

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