Population growth and modernization are causing the energy needs of the world’s fifth largest economy to balloon far past its own output potential. “India, with a population of 1.36 billion and a fast growing economy, has seen its energy demand increasing rapidly as the country continues to urbanize and the manufacturing sector develops,” writes the International Energy Agency in its country-level overview. While the country’s energy consumption level has continued to rise at a rapid clip, however, India’s energy production…
