IEA revises India’s 2022 electricity demand upwards

The international agency also expects India’s coal consumption to grow on account of higher demandThe International Energy Agency (IEA) has revised upwards India’s annual electricity demand from 6 per cent to 7 per cent in 2022 due to exceptionally high summer temperatures, leading to a significant surge in consumption.“In India, the second-fastest growing country in terms of absolute demand in recent years, a significant heatwave is driving an upwards revision of our electricity demand forecast for 2022 to 7 per cent from previously 6 per cent. The heatwave pushed up use of air conditioning and created a significant surge in electricity demand, including new all-time highs accompanied by supply shortages,” the global agency said in its lat.....