Shell Report Projects India’s Energy Demand to Surpass US by 2040s, China by 2060s

Shell India's report projects that India's energy demand will surpass the United States in the 2040s and China in the 2060s, driven by economic and population growth. While fossil fuels' share in India's energy mix is expected to peak this decade, absolute consumption may rise in some scenarios as overall demand could double in two to three decades. The report outlines three futures shaped by geopolitics, digitalisation, and climate goals, highlighting a shift towards renewable energy and low-carbon fuels to enhance energy security and decarbonisation.