India’s Energy Management Solutions: Conquering Challenges, Guiding the Globe

Authors

  • Spencer Bharath A Director – IT Revature Reston, Virginia
  • Amirthaiyan S Formerly Dean of Admin COE & Associate Professor Anna University of Technology, Tirunelveli

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Abstract

India, the world's third-largest energy consumer and green house gas emitter, faces significant energy challenges driven by industrialization and urbanization, with heavy reliance on imported fossil fuels. Integrating renewable energy is complicated by infrastructure gaps, high costs, and intermittency. In response, India is implementing solutions like scaling renewable energy, electrification, and the Lifestyle for Environment (LiFE) initiative. The 2024- 25 Budget further supports clean energy and green growth. India's ground breaking initiatives have positioned the country as a leader in the global fight against climate change. India’s ambitious goals include achieving net-zero emissions by 2070, and meeting 50% of energy needs from renewable by 2030 which set a remarkable example for the world to follow. With its strategic blueprint for addressing energy management challenges, India is not only shaping its own low-carbon future but also guiding the world towards a more resilient, sustainable planet.

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Published

2024-11-22

How to Cite

A, S. B., & S, A. (2024). India’s Energy Management Solutions: Conquering Challenges, Guiding the Globe. The Management Accountant Journal, 59(11), 27–30. Retrieved from https://icmai-rnj.in/index.php/maj/article/view/173744

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Section

Cover Story

References

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