Future demand for gas: Surprisingly, power sector will be the biggest consumer
May 17:
India gas demand will have a very complex structure going ahead 8Surprisingly enough, unlike what is thought of now, the power sector is expected to provide the maximum impetus for gas demand in India. 8It is estimated that up to 40% of the incremental gas demand in India up to 2040 will come from the power sector 8The reasons for this is apparently simple: gas provides a valuable source of flexibility to a power market in which solar plays a big role but which has an evening peak in electricity demand. 8What about other segments of the gas consuming business in India? How will demand from them pan out? Click on Reports for more