Background
Overview
Energy security refers to the uninterrupted availability of energy sources at an affordable price, ensuring a nation's economic stability, national security, and social well-being. For India, a rapidly growing economy with a large population, securing reliable and affordable energy is paramount for sustaining its development trajectory and meeting its strategic objectives.
This concept is fundamental to India's economic growth, geopolitical strategy, and environmental commitments. It involves balancing development needs with sustainability and is a recurring theme in policy discussions.
Key facts
Energy Security
Uninterrupted availability of energy sources at an affordable price, ensuring economic stability and national security.
Energy Mix
The combination of different primary energy sources (e.g., coal, oil, gas, renewables, nuclear) used to meet a country's energy demand.
Strategic Petroleum Reserves (SPR)
Underground storage facilities for crude oil maintained by governments to mitigate supply disruptions during emergencies.