Question
According to the IEA report, how will India's electric
vehicle (EV) sector impact gasoline demand by 2030?Solution
The Indian electric vehicle (EV) sector will contribute significantly to the country's plans for decarbonisation towards 2030, according to the Paris-based IEA in its Indian Oil Market — Outlook to 2030 report, emphasising it will eventually affect gasoline demand. New EVs and energy efficiency improvements under India's energy transition plans will cut India's crude demand by 480,000 b/d during 2023-30. India's oil demand would have increased to 1.68mn b/d by 2030 without these steps. The rise in EV use, energy efficiency improvements, as well as growth of biofuels will first affect oil demand in the transportation sector before its impacts are felt in other sectors, it added. India will become the largest source of global oil demand growth between now and 2030 because of industrial growth. But Indian gasoline demand will grow by only 0.7pc during this period, contrary to a rise of 40pc in India's car fleet because of increased consumption of EVs and biofuels. Electrification of India's vehicle fleet will reduce oil product demand by 200,000 b/d by 2030. This means electrification will weigh heavily on gasoline demand in the period up to 2030. A surge in the use of biofuels will also contribute to decarbonisation of the Indian transport sector. Indian ethanol supplies are likely to rise to 200,000 b/d by 2030 from 90,000 b/d currently, while biodiesel supplies will rise to around 90,000 b/d by 2030. The country targets 20pc ethanol blending in gasoline by 2025 and net zero emissions by 2070 Learn Along: About IEA Executive Director : Dr Fatih Birol        Headquarters: Paris, France     Founded: November 1974
‘P’ alone can do 60% of a work in 18 days and ‘Q’ alone can do 30% of the same work in 9 days. ‘P’, ‘Q’ and ‘R’ together can finish ...
105 people could complete a work in 36 days. But after they worked together for 7 days their employer wanted the work should be completed in a total of ...
P can do a piece of work in 30 days. Q do the same work in 40 days. R can do it in 35 days. P and R worked for 4 days and handed it to Q. Q worked for s...
A 40 hectare field is reaped by 4 men, 6 women and 8 children together in 10 days. If working capabilities of a Man, a Woman and a Child are in the rati...
138 unit of work can be completed by P alone in 23 days. P started working alone and joined by Q after 11 days such that they completed the remaining wo...
‘A’ alone can complete a work in 17 days. ‘B’ alone can complete the same work in 34 days. If ‘A’ and ‘B’ work together for 5 days, then...
‘A’ can complete a work in 15 days and is 50% more efficient than ‘B’. ‘A’ and ‘B’ start working together and ‘A’ leaves after 8 day...
Raj, Sanjay and Vaibhav can separately finish a work in 20, 30 and 40 days, respectively. In how many days Raj can finish the work if he is assisted.by ...
- Arun and Varun take up an assignment together. Arun finishes 3 units per day, while Varun can complete the entire assignment in 12 days. The total work amo...
Ganga, Yamuna &Saraswati can complete a piece of work in 30, 40 & 60 days respectively. All 3 of them started working together and after 4 days,...
Relevant for Exams:
