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The Print
30-07-2025
- Business
- The Print
India's electricity demand to rise 4 pc in 2025: IEA
'After 6 per cent growth in 2024, electricity demand in India is forecast to rise by 4 per cent this year,' it said. In its mid-year update on electricity, IEA said while global power demand is rising much faster than the forecast for the 2025-2026 period than it did during the past decade, electricity demand in China and India is expected to rise at a more moderate pace in 2025 than the rapid growth seen in 2024. New Delhi, Jul 30 (PTI) India's electricity demand is expected to grow by a moderate 4 per cent in 2025, after cooler summer temperatures in the first half of the year reduced consumption and shifted peak load to September, the International Energy Agency (IEA) said. IEA projected Chinese consumption to rise 5 per cent in 2025, down from 7 per cent in the previous year. However, China alone will account for 50 per cent of global electricity demand growth, as it did in 2024. 'In India, the impact of global economic uncertainties on industrial activity and cooler summer temperatures compared to 2024 led to electricity demand increasing by 1.4 per cent year-on-year in H1 2025. Demand is forecast to rise at a higher rate for the remainder of the year, reaching an annual growth rate of 4 per cent,' IEA said, projecting a robust 6.6 per cent growth in 2026, driven by stronger activity in industry and services, and increasing AC stock. Citing estimates from the Ministry of Power for 2025, the Paris-based agency said peak load could reach 270 GW (8 per cent increase y-o-y) and shift to September instead of summer this year, although this should be fully met by rising generation capacity. To manage peak load growth, the government is mulling a proposal on AC standards that would cap temperature settings between 20 and 28 degrees Celsius, potentially reducing peak load by up to 60 gigawatt (GW) in 2035. On generation, IEA said the combined output from solar PV and wind was 20 per cent higher in H1 2025 y-o-y, which reached an almost 14 per cent share in the mix, up from 11 per cent in H1, 2024. Solar PV generation grew 25 per cent and wind by slightly less than 30 per cent. A significant improvement in hydro conditions since mid-2024 resulted in hydropower generation increasing 16 per cent y-o-y between January and June. Additional capacity, including the 700 MW Unit-7 at the Rajasthan nuclear power station that connected with the Northern grid in March, contributed to the 14 per cent rise in nuclear generation for the same period. A twin unit, RAPP-8, is expected to start operations in 2025-26 as part of plans to reach a nuclear capacity of 100 GW by 2047 announced under the Nuclear Energy Mission by the Government of India. 'Amid strong rise in output of low-emissions sources and more moderate demand growth, coal-fired generation decreased by 3 per cent in the first six months of the year — the first decline in the first half of the year since 2020. Gas-fired generation dropped by around 30 per cent in H1 2025, falling back to 2023 levels,' it said. IEA expected coal-fired generation to rise again in H2 2025, registering around 0.5 per cent growth for the full year, followed by a 1.6 per cent increase in 2026. Gas-fired generation is forecast to decline by 3 per cent in 2025 before rebounding by 7 per cent in 2026. Capacity additions for nuclear power are expected to drive generation from this source higher, up 15 per cent this year, and 19 per cent in 2026. 'Output from renewable energy sources is set to continue growing in H2 2025, with solar PV rising by 40 per cent y-o-y in 2025 and 28 per cent in 2026, while wind is projected to post more moderate growth of around 10 per cent both in 2025 and 2026. Hydropower output is forecast to continue rising as well in H2 2025, resulting in an increase of 7 per cent y-o-y this year before reaching a growth of 10 per cent in 2026,' it said. India's emissions intensity is expected to fall 3.8 per cent annually. A drop in seaborne thermal coal prices to a four-year low eased input costs for coal-fired generation. On the supply-side, increased availability from thermal and renewable capacity additions strengthened market liquidity and exerted downward pressure on prices, IEA added. PTI ANZ TRB This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
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Business Standard
30-07-2025
- Business
- Business Standard
India's electricity demand to grow just 4% in 2025 amid cooler summer: IEA
India's electricity demand is expected to grow by a moderate 4 per cent in 2025, after cooler summer temperatures in the first half of the year reduced consumption and shifted peak load to September, the International Energy Agency (IEA) said. In its mid-year update on electricity, IEA said while global power demand is rising much faster than the forecast for the 2025-2026 period than it did during the past decade, electricity demand in China and India is expected to rise at a more moderate pace in 2025 than the rapid growth seen in 2024. "After 6 per cent growth in 2024, electricity demand in India is forecast to rise by 4 per cent this year," it said. IEA projected Chinese consumption to rise 5 per cent in 2025, down from 7 per cent in the previous year. However, China alone will account for 50 per cent of global electricity demand growth, as it did in 2024. "In India, the impact of global economic uncertainties on industrial activity and cooler summer temperatures compared to 2024 led to electricity demand increasing by 1.4 per cent year-on-year in H1 2025. Demand is forecast to rise at a higher rate for the remainder of the year, reaching an annual growth rate of 4 per cent," IEA said, projecting a robust 6.6 per cent growth in 2026, driven by stronger activity in industry and services, and increasing AC stock. Citing estimates from the Ministry of Power for 2025, the Paris-based agency said peak load could reach 270 GW (8 per cent increase y-o-y) and shift to September instead of summer this year, although this should be fully met by rising generation capacity. To manage peak load growth, the government is mulling a proposal on AC standards that would cap temperature settings between 20 and 28 degrees Celsius, potentially reducing peak load by up to 60 gigawatt (GW) in 2035. On generation, IEA said the combined output from solar PV and wind was 20 per cent higher in H1 2025 y-o-y, which reached an almost 14 per cent share in the mix, up from 11 per cent in H1, 2024. Solar PV generation grew 25 per cent and wind by slightly less than 30 per cent. A significant improvement in hydro conditions since mid-2024 resulted in hydropower generation increasing 16 per cent y-o-y between January and June. Additional capacity, including the 700 MW Unit-7 at the Rajasthan nuclear power station that connected with the Northern grid in March, contributed to the 14 per cent rise in nuclear generation for the same period. A twin unit, RAPP-8, is expected to start operations in 2025-26 as part of plans to reach a nuclear capacity of 100 GW by 2047 announced under the Nuclear Energy Mission by the Government of India. "Amid strong rise in output of low-emissions sources and more moderate demand growth, coal-fired generation decreased by 3 per cent in the first six months of the year -- the first decline in the first half of the year since 2020. Gas-fired generation dropped by around 30 per cent in H1 2025, falling back to 2023 levels," it said. IEA expected coal-fired generation to rise again in H2 2025, registering around 0.5 per cent growth for the full year, followed by a 1.6 per cent increase in 2026. Gas-fired generation is forecast to decline by 3 per cent in 2025 before rebounding by 7 per cent in 2026. Capacity additions for nuclear power are expected to drive generation from this source higher, up 15 per cent this year, and 19 per cent in 2026. "Output from renewable energy sources is set to continue growing in H2 2025, with solar PV rising by 40 per cent y-o-y in 2025 and 28 per cent in 2026, while wind is projected to post more moderate growth of around 10 per cent both in 2025 and 2026. Hydropower output is forecast to continue rising as well in H2 2025, resulting in an increase of 7 per cent y-o-y this year before reaching a growth of 10 per cent in 2026," it said. India's emissions intensity is expected to fall 3.8 per cent annually. A drop in seaborne thermal coal prices to a four-year low eased input costs for coal-fired generation. On the supply-side, increased availability from thermal and renewable capacity additions strengthened market liquidity and exerted downward pressure on prices, IEA added.
Time of India
30-07-2025
- Business
- Time of India
India's electricity demand to rise 4% in 2025: IEA
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel India's electricity demand is expected to grow by a moderate 4 % in 2025, after cooler summer temperatures in the first half of the year reduced consumption and shifted peak load to September, the International Energy Agency (IEA) its mid-year update on electricity, IEA said while global power demand is rising much faster than the forecast for the 2025-2026 period than it did during the past decade, electricity demand in China and India is expected to rise at a more moderate pace in 2025 than the rapid growth seen in 2024."After 6 % growth in 2024, electricity demand in India is forecast to rise by 4 % this year," it projected Chinese consumption to rise 5 % in 2025, down from 7 % in the previous year. However, China alone will account for 50 % of global electricity demand growth, as it did in 2024."In India, the impact of global economic uncertainties on industrial activity and cooler summer temperatures compared to 2024 led to electricity demand increasing by 1.4 % year-on-year in H1 2025. Demand is forecast to rise at a higher rate for the remainder of the year, reaching an annual growth rate of 4 %," IEA said, projecting a robust 6.6 % growth in 2026, driven by stronger activity in industry and services, and increasing AC estimates from the Ministry of Power for 2025, the Paris-based agency said peak load could reach 270 GW (8 % increase y-o-y) and shift to September instead of summer this year, although this should be fully met by rising generation manage peak load growth, the government is mulling a proposal on AC standards that would cap temperature settings between 20 and 28 degrees Celsius, potentially reducing peak load by up to 60 gigawatt (GW) in generation, IEA said the combined output from solar PV and wind was 20 % higher in H1 2025 y-o-y, which reached an almost 14 % share in the mix, up from 11 % in H1, PV generation grew 25 % and wind by slightly less than 30 %. A significant improvement in hydro conditions since mid-2024 resulted in hydropower generation increasing 16 % y-o-y between January and June. Additional capacity, including the 700 MW Unit-7 at the Rajasthan nuclear power station that connected with the Northern grid in March, contributed to the 14 % rise in nuclear generation for the same period.A twin unit, RAPP-8, is expected to start operations in 2025-26 as part of plans to reach a nuclear capacity of 100 GW by 2047 announced under the Nuclear Energy Mission by the Government of India."Amid strong rise in output of low-emissions sources and more moderate demand growth, coal-fired generation decreased by 3 % in the first six months of the year -- the first decline in the first half of the year since 2020. Gas-fired generation dropped by around 30 % in H1 2025, falling back to 2023 levels," it expected coal-fired generation to rise again in H2 2025, registering around 0.5 % growth for the full year, followed by a 1.6 % increase in 2026. Gas-fired generation is forecast to decline by 3 % in 2025 before rebounding by 7 % in additions for nuclear power are expected to drive generation from this source higher, up 15 % this year, and 19 % in 2026."Output from renewable energy sources is set to continue growing in H2 2025, with solar PV rising by 40 % y-o-y in 2025 and 28 % in 2026, while wind is projected to post more moderate growth of around 10 % both in 2025 and 2026. Hydropower output is forecast to continue rising as well in H2 2025, resulting in an increase of 7 % y-o-y this year before reaching a growth of 10 % in 2026," it emissions intensity is expected to fall 3.8 % annually.A drop in seaborne thermal coal prices to a four-year low eased input costs for coal-fired generation. On the supply-side, increased availability from thermal and renewable capacity additions strengthened market liquidity and exerted downward pressure on prices, IEA added.
News18
30-07-2025
- Business
- News18
Indias electricity demand to rise 4 pc in 2025: IEA
New Delhi, Jul 30 (PTI) India's electricity demand is expected to grow by a moderate 4 per cent in 2025, after cooler summer temperatures in the first half of the year reduced consumption and shifted peak load to September, the International Energy Agency (IEA) said. In its mid-year update on electricity, IEA said while global power demand is rising much faster than the forecast for the 2025-2026 period than it did during the past decade, electricity demand in China and India is expected to rise at a more moderate pace in 2025 than the rapid growth seen in 2024. 'After 6 per cent growth in 2024, electricity demand in India is forecast to rise by 4 per cent this year," it said. IEA projected Chinese consumption to rise 5 per cent in 2025, down from 7 per cent in the previous year. However, China alone will account for 50 per cent of global electricity demand growth, as it did in 2024. 'In India, the impact of global economic uncertainties on industrial activity and cooler summer temperatures compared to 2024 led to electricity demand increasing by 1.4 per cent year-on-year in H1 2025. Demand is forecast to rise at a higher rate for the remainder of the year, reaching an annual growth rate of 4 per cent," IEA said, projecting a robust 6.6 per cent growth in 2026, driven by stronger activity in industry and services, and increasing AC stock. Citing estimates from the Ministry of Power for 2025, the Paris-based agency said peak load could reach 270 GW (8 per cent increase y-o-y) and shift to September instead of summer this year, although this should be fully met by rising generation capacity. To manage peak load growth, the government is mulling a proposal on AC standards that would cap temperature settings between 20 and 28 degrees Celsius, potentially reducing peak load by up to 60 gigawatt (GW) in 2035. On generation, IEA said the combined output from solar PV and wind was 20 per cent higher in H1 2025 y-o-y, which reached an almost 14 per cent share in the mix, up from 11 per cent in H1, 2024. Solar PV generation grew 25 per cent and wind by slightly less than 30 per cent. A significant improvement in hydro conditions since mid-2024 resulted in hydropower generation increasing 16 per cent y-o-y between January and June. Additional capacity, including the 700 MW Unit-7 at the Rajasthan nuclear power station that connected with the Northern grid in March, contributed to the 14 per cent rise in nuclear generation for the same period. A twin unit, RAPP-8, is expected to start operations in 2025-26 as part of plans to reach a nuclear capacity of 100 GW by 2047 announced under the Nuclear Energy Mission by the Government of India. 'Amid strong rise in output of low-emissions sources and more moderate demand growth, coal-fired generation decreased by 3 per cent in the first six months of the year — the first decline in the first half of the year since 2020. Gas-fired generation dropped by around 30 per cent in H1 2025, falling back to 2023 levels," it said. IEA expected coal-fired generation to rise again in H2 2025, registering around 0.5 per cent growth for the full year, followed by a 1.6 per cent increase in 2026. Gas-fired generation is forecast to decline by 3 per cent in 2025 before rebounding by 7 per cent in 2026. Capacity additions for nuclear power are expected to drive generation from this source higher, up 15 per cent this year, and 19 per cent in 2026. 'Output from renewable energy sources is set to continue growing in H2 2025, with solar PV rising by 40 per cent y-o-y in 2025 and 28 per cent in 2026, while wind is projected to post more moderate growth of around 10 per cent both in 2025 and 2026. Hydropower output is forecast to continue rising as well in H2 2025, resulting in an increase of 7 per cent y-o-y this year before reaching a growth of 10 per cent in 2026," it said. India's emissions intensity is expected to fall 3.8 per cent annually. A drop in seaborne thermal coal prices to a four-year low eased input costs for coal-fired generation. On the supply-side, increased availability from thermal and renewable capacity additions strengthened market liquidity and exerted downward pressure on prices, IEA added. PTI ANZ TRB (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
24-07-2025
- Business
- Time of India
Govt greenlights 10 new reactors; 13.7 GW nuclear boost by 2032 in the works
New Delhi: India's nuclear power capacity is projected to increase from 8,780 MW to 22,480 MW by 2031-32, driven by the commissioning of eight reactors under construction and 10 more sanctioned projects, Union Minister Jitendra Singh informed the Lok Sabha. At present, India operates 24 nuclear reactors with an installed capacity of 8,780 MW. Additionally, eight reactors with a total capacity of 6,600 MW are under construction. These include 700 MW Pressurised Heavy Water Reactors (PHWRs) such as RAPP-8 and GHAVP-1&2, the 500 MW Prototype Fast Breeder Reactor (PFBR) implemented by BHAVINI, and Light Water Reactors (LWRs) built under foreign cooperation including KKNPP-3&4 and KKNPP-5&6. Ten reactors with a projected capacity of 7,000 MW are at the pre-project activities stage. These include Kaiga 5&6, GHAVP 3&4, Chutka 1&2, and Mahi Banswara 1 to 4—all PHWRs. Upon the progressive completion of these ongoing and sanctioned reactors, the total installed capacity is expected to reach 22,480 MW by 2031-32. "The specific measures outlined to reach this goal involve a multi-faceted approach, leveraging both indigenous development and international collaboration," Singh stated in a written reply. Future expansion includes development of Indigenous Fast Breeder Reactors (FBRs), aligned with India's three-stage nuclear programme designed for efficient utilisation of limited uranium and abundant thorium resources. These efforts will be supported by a closed fuel cycle approach. Deployment of Bharat Small Reactors (BSRs) is also being pursued to decarbonise hard-to-abate industrial sectors. Additionally, plans are in place for the development of Small Modular Reactors (SMRs), including Indian SMRs of different capacities and Indian-designed LWRs. The government has launched a Nuclear Energy Mission with an outlay of ₹20,000 crore to support research and development of SMRs. The plan also includes increasing international cooperation on SMRs and nuclear fuel, along with potential exports of reactors, services, and supplies.
