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Essay

Energy Sector:Issues and opportunities

Essay specific features

 

Issue:

Business

 

Written by:

Mary G

 

Date added:

August 22, 2017

 

Level:

University

 

Grade:

B

 

No of pages / words:

24 / 6700

 

Was viewed:

1859 times

 

Rating of current essay:

good 46, average 9, bad 0 (total score: 4.6)
 
Essay content:

The country's consumption of coal, oil, natural gas, and electricity is projected to rise by nearly 40 percent over the next five years and almost to double by 2020. Already, surging energy demand is outstripping supply, raising hard questions about how India will cope in the future. Despite vast coal reserves, domestic production has lagged behind demand for ten years, and the shortfall is growing...
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What's more, India imports 70 percent of its petroleum, exposing it to wild swings in world energy prices and pitting it against China and other countries keen to buy hydrocarbon reserves. Due to all these uncertainties the demand for energy is growing to increase significantly in an era where the GDP of India is expected to grow to USD 2 trillion by 2020 from the current level of USD 500 billion...
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