Department of Economics, Tika Ram P.G. Girls College, Sonepat, Haryana, India
Online published on 22 March, 2016.
‘Energy economics’ is a branch of applied economics. In this paper, energy economics tools are used to analysis demand, supply and other aspects of energy sector in India. Issue of non-renewable resources and increasing gap between demand and supply in the major concern of today. India has to tackle this problem with diversification in energy mix and by increasing domestic production to decrease the rising bill of the import on the country. It has to lead with sustainable energy supply and rapidly increasing economic growth.
Energy demand, energy supply, increasing gap, diversification, sustainable energy supply Energy
