The COVID-19 pandemic continues to exact a tragic toll on lives and livelihoods and will greatly impact global energy use in the near term. Energy demand will fall 8% this year, and with a slow recovery, our whole energy demand forecast is rebased downwards by 8% relative to our previous forecast through to 2050.
Electricity is set to dominate energy demand by mid-century, doubling to a 45% share as cars, buildings and manufacturers quickly shift away from fossil fuels, according to a global energy transition report.
According to this report India will rely on solar for more than half of its electricity generation from about 2030, and an overwhelming majority by 2050.