2. GENERAL ENERGY POLICY

balance. The IEA and MoST collaborate under a memorandum of understanding to improve the availability and collection of data on energy RD&D.

Recommendations

The Government of India should:

Adopt a national energy plan to set a long-term framework for all stakeholders across the energy system, which also identifies future energy infrastructure investment needs and provides an integrated approach that fosters:

>energy security across oil, gas and electricity sectors, based on global good policy practice

>full access to affordable, clean and reliable energy

>energy efficiency across the economy

>sustainability of the energy system, notably through system integration of variable renewable energy, clean mobility and clean air

>strong co-ordination of energy policy across central government and alignment between the central and state governments on key energy policy matters, notably on electricity market design and renewable targets.

Continue to rationalise pricing methodologies, subsidies and cross-subsidies across the energy sector.

Continue reducing and consider phasing out fossil fuel subsidies through the reform of the LPG scheme in favour of cleaner fuels.

Strengthen monitoring, implementation and compliance with policies and regulations.

Improve the collection, consistency, transparency and availability of energy data across the energy system at central and state government levels.

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ENERGY INSIGHTS

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