An Outlook to Electricity Sector in India

An outlook to electricity demand at the National and subnational level

Electricity demand forecasting is an integral part of robust power system planning, which helps to ensure affordable and reliable power to all. India's electricity demand will grow multifold in the coming years and will experience continuous growth supported by post-pandemic economic recovery, electrification of the transport sector, higher penetration of residential end-use appliances, and manufacturing growth with indigenisation supported by various central government
policies.

We have done an extensive analysis of electricity demand projections for both national and sub-national levels over the next decade. The analysis is based on historical data, current trends in electricity consumption, demographic changes, and various economic growth indicators. The Econometric Regression and Partial End-Use methods are adopted to assess the electricity demand. Further, the work also acknowledges the challenges posed by the lack of comprehensive end-use demand data in India.

Additionally, the analysis also explains the rise in India’s peak electricity demand at the national and sub-national levels. The analysis also describes the underlying causal relations such as macroeconomic indicators as well as socioeconomic factors that explain the rise of peak demand.

Key Publications

PEAK ELECTRICITY DEMAND MANAGING IN THE INDIAN ELECTRICITY SECTOR
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INDIA’S ELECTRICITY DEMAND ANALYSIS AND PROJECTIONS TO THE NEXT DECADE
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