ENERGY INFRASTRUCTURE FOR A HIGH HUMANE AND LOW CARBON FUTURE

Author: 
B.Sudhakara Reddy, Hippu Salk Kristle Nathan
JEL codes: 
Description: 
Working Paper Series
Abstract: 

Presently India is facing the twin challenge of energy universalization as well as emission reduction. Nearly 0.4 billion people in India mostly residing in rural areas do not have access to electricity and more than 0.8 billion people do not use modern cooking fuels. Provision of energy services however needs to take into account the global temperatures rise, which if to be limited to 2C more from its pre-industrial value, Green House Gas (GHG) emissions must be halved by 2050 from its 1990 level. Energy infrastructure plays a key role to meet this dual challenge of universalization of energy services and reduction of energy-induced emissions. Assessing Indias infrastructure, this study presents the high humane (Energy universalization) and low carbon scenarios and discusses investment needs, financing mechanisms and the key policy issues.