Peak Oil Consumption In India Is Still 15 Years Away, Arvinder Singh Sahney At Davos 2026

As the global debate shifts from abandoning fossil fuels to managing a balanced energy transition, India’s energy reality is coming into sharp focus. Experts say fossil fuels cannot be switched off overnight, especially for a fast-growing economy like India’s. With energy demand rising steadily—driven by manufacturing growth and sustained GDP expansion—India’s total energy requirement is expected to nearly double over the next 10 to 15 years. While renewables will play a growing role, oil, gas, coal, nuclear, and bioenergy will all be needed to fuel growth. Peak oil consumption, particularly for countries like India, is still over a decade away. The message is clear: India’s future lies in an equitable energy mix, not a one-dimensional transition.