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International Journal of Trade & Commerce-IIARTC
Impact Factor (IF):5.135 (COSMOS), IF:7.249 (ISRA), IF:3.721 (ISI)
ISSN:2277-5811 (P), ISSN:2278-9065 (O)
Frequency: Half Yearly
India's Energy Security Challenges and Policy Options
Author:Sanjay Kumar
Abstract:
Among the various non-traditional threats that India is currently facing, energy security is one of them. Today, India suffers from a serious energy crisis. Energy security has become one of the serious issues of India’s Foreign Policy owing to certain factors such as growing energy demand, Carbon dioxide emissions and the issue of climate change, security of energy supplies and depleting fossil fuels. With the population of our country growing day by day, the demand for energy would also simultaneously increase. The situation is most likely to become worse due to the growing imbalance between the demand for energy and the supply from its indigenous sources. I observed that Indian energy security policies need to take into consideration the ever increasing global interdependence rather than the narrow centric remote approach. In addition to this, there is a requirement of precise and comprehensive energy policy inspiring the much needed economic and social development through supply of reliable energy. Ensuring economic and social development with an aim to overcome energy poverty should be the priority for India in addition to its commitment of mitigating climate change. Therefore, effective energy governance is the need of the hour in India in order to find solutions and methods to control the ever increasing energy demands and needs.
Keywords:Key words: Non-traditional threats, territorial integrity, energy security, national security, urbanisation.
DOI:
International Journal of Trade & Commerce (Vol: 6 Issue:1)
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