India is witnessing a significant surge in gas-fired power generation, reaching multi-year highs in May, as sweltering heat waves grip the nation. The extreme temperatures have led to increased electricity demand, prompting utilities to turn to gas-fired plants to bridge the supply gap.
Industry officials and experts indicate that this trend is further fueled by policy measures aimed at ensuring energy security and meeting the soaring power requirements. As a result, imports of liquefied natural gas (LNG) are forecast to rise sharply over the next two years.
“The unprecedented heat has escalated air conditioning usage, and coal supplies are stretched thin. Gas-fired power plants are stepping in to meet the peak demand,” said an official from India’s Ministry of Power.
The reliance on LNG not only addresses immediate energy needs but also aligns with India’s long-term strategy to diversify its energy mix and reduce carbon emissions. The government is investing in infrastructure to support increased LNG imports, including expanding import terminals and pipeline networks.
Analysts suggest that this shift could have significant implications for global LNG markets, positioning India as a major importer. “India’s growing appetite for LNG will influence global demand dynamics and could drive competitive pricing,” noted an energy market analyst.
The situation underscores the pressing challenges India faces amid climate change impacts and the urgency to develop sustainable energy solutions to support its economic growth.
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Heat wave fuels India's gas-fired power use to multi-year highs in May
cgtn.com
