India surpasses Russia to become world’s third-largest energy consumer

India’s primary energy consumption rose by 5.2 percent in 2015, taking its share of global primary energy consumption to 5.3 percent, the latest BP Statistical Review of World Energy said.

It also said that the largest increase in global CO2 emissions from energy use in 2015 came from India.

According to the report, India’s share in global coal consumption exceeded 10 percent in 2015, for the first time ever, and the country had its largest increase in oil consumption in 2015, increasing by 310 kb/d.

Here are the key findings:

  • Increasing consumption of coal (+4.8%), oil (+8.1%), renewables in power (+13.7%), and nuclear (+9.5%), outweighed declines in hydro (-4.9%) and gas (-0.1%).
  • Coal remained the dominant fuel, accounting for 58% of India’s primary energy consumption.
  • Oil consumption in 2015 increased by 310 kb/d, reaching a record high.
  • India’s gas consumption continued to decline in 2015, falling by 0.1%.
  • India’s share in global coal consumption exceeded 10% in 2015, the highest share ever. This was despite growth in coal consumption of 4.8% in 2015 (+19 mtoe), nearly half of the 2014 growth rate.
  • Renewables in power rose by 13.7% in 2015, its second largest increment ever after 2012. India is now the sixth largest renewable power generator in the world.
  • Energy intensity (the amount of energy required per unit of GDP) declined by 2% in 2015, faster than the 10-year average of -1.4%.
  • Primary energy production grew by 3.2% (+12.5 mtoe) in 2015, marginally higher than its 10-year average. Domestic production was sufficient to meet 58% of domestic consumption.
  • Growth in production of coal (+4.7%), renewables in power (+13.7%), and nuclear (+9.5%), outweighed declines in oil (-1.1%), hydro (-4.9%), and gas (-3.8%).
  • India’s oil production continued to decline in 2015 with its second biggest decline in the last five years (-11 kb/d).
  • Gas production continued to decline in 2015, falling by 3.8%, its fifth continuous year of decline, and now 20 bcm below the 2010 peak of 49.3 bcm.
  • Within renewables, the largest growth in India has come from wind (+11.6%), followed by solar (+50.9%), and biomass (+9.2%).
  • India’s crude oil imports rose by 136 kb/d to 3.9 mb/d in 2015. Natural gas imports rose by 1.5 bcm to 21.7 bcm.
  • The largest increase in global CO2 emissions from energy use in 2015 came from India (5.3%).

 

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