Context:
World Energy Outlook 2023 was released by the International Energy Agency (IEA) recently.
Key highlights:
- Fossil fuel share in the global energy supply is projected to reduce from around 80% to 73% by 2030.
- Global energy-related carbon dioxide (CO2) emissions peaking by 2025.
- Renewables are set to contribute 80% of new power capacity by 2030 in the stated policies scenario (STEPS), with solar PV alone accounting for more than half of this.
- Extreme volatility in energy markets highlighted the importance of affordable, reliable and resilient supply.
India specific observations:
- India has now become an importer of modern clean energy technologies as it scales up solar and wind power generation capacity.
- Over the past five years, solar PV has accounted for nearly 60% of new generation capacity.
- India’s demand for electricity for running household air-conditioners is estimated to expand nine-fold by 2050.
Click here to read about International Energy Agency
Source: Times of India
Previous Year Question
Consider the following statements:
Statement-I: According to the United Nations’ World Water Development Report, 2022, India extracts more than a quarter of the world’s groundwater withdrawal each year.
Statement-II: India needs to extract more than a quarter of the world’s groundwater each year to satisfy the drinking water and sanitation needs of almost 18% of world’s population living in its territory.
Which one of the following is correct in respect of the above statements?
[UPSC Civil Services Exam – 2023 Prelims]
(a) Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I
(c) Statement-I is correct but Statement-ll is incorrect
(d) Statement-I is incorrect but Statement-ll is correct
Answer: (c)
Explanation:
About 89% of this groundwater is used in India for irrigation. Hence, Statement 2 is not correct.
