Forecast: Nuclear Energy Consumption in India

Based on the provided data, nuclear energy consumption in India stood at 0.42 Exajoules in 2023. The consumption has shown fluctuating trends over the past years, including a peak in 2019 and minor declines in certain years. On average, the CAGR over the last five years prior to 2023 was 3.55%, indicating a moderate growth rate.

Future projections suggest a steady increase in nuclear energy consumption, with the value expected to grow to 0.47 Exajoules by 2028. The forecasted five-year CAGR is 1.52%, revealing a slower but sustained growth phase.

Key future trends to monitor include:

  • Technological advancements in nuclear energy
  • Government policies and incentives
  • Global energy market shifts and their impact on India's energy strategy
  • Public perception and acceptance of nuclear energy

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