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