India's Electricity Demand to Outpace Overall Energy Demand by 2035; Data Centres, Green Hydrogen to Drive Growth: S&P Global
New Delhi, Oct. 15 -- India's electricity demand is expected to grow significantly faster than overall energy demand over the next decade, with consumption by data centres and green hydrogen production projected to rise nearly ninefold to around 240 terawatt-hours (TWh) by 2035, according to S&P Global.
The report noted that the shift towards electricity was already underway, with electric vehicles reducing dependence on fossil fuels. Greater adoption of electric vehicles and green hydrogen-based production processes are expected to drive the transition.
It attributed the shift to rising industrialisation, higher incomes, growing appliance ownership and increasing demand for cooling.
"India's energy growth story is becoming more electr...
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