Indian Economy News

NITI Aayog launches India Energy Security Scenarios 2047 - An Interactive Energy Platform

New Delhi: NITI Aayog launched the second version of the India Energy Security Scenarios 2047 calculator (IESS 2047), an open source web based tool. The tool aims to explore a range of potential future energy scenarios for India, for diverse energy demand and supply sectors leading up to 2047. It explores India’s possible energy scenarios across energy supply sectors such as solar, wind, bio fuels, oil, gas, coal and nuclear and energy demand sectors such as transport, industry, agriculture, cooking and lighting appliances. The model allows users to interactively make energy choices, and explore a range of outcomes for the country-from carbon dioxide emissions and import dependence to land use.

The tool was launched by the NITI Aayog Vice Chairman Arvind Panagariya in presence of a select gathering at a function at the Federation House in New Delhi yesterday. In his remarks, the Vice-Chairman of NITI Aayog, Shri Aravind Panagariya said The IESS 2047 calculator has already been playing an instrumental role in shaping India’s energy policy. With the launch of the second version, one can look forward to a more comprehensive policy discourse on India’s future energy planning by policy makers, academicians, private sector and other stakeholders. The Member, NITI Aayog, Dr. Bibek Debroy, lauded the efforts in operationalization of IESS 2047 calculator. He said the interactive tool will offer policy makers to create an energy pathway which is secure and addresses the need of the people and climate. The other Member of NITI Aayog, Dr. VKSaraswat expressed hope that the IESS 2047 calculator will support India’s future energy planning to help the country become self-sufficient in energy. It will support the Government’s vision of achieving power for all and 175 GW of renewables by 2022, rural electrification and reducing import dependency.

The purpose of the IESS tool is to engage various stakeholders in the country’s energy planning and facilitate informed debates at different levels. This tool will enable policy makers and parliamentarians make a more secure and sustainable energy future for India. The tool allows the user develop a secure future pathway and suggest current policy interventions for the same. The tool has been developed in consultation with multiple stakeholders, such as think tanks, industry bodies and research organizations. The UK Department for Energy and Climate Change (DECC) is the initiative partner with NITI Aayog in this project. More than 20 countries have now developed their own energy/climate calculators, such as China, Bangladesh and South Africa.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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