What was India's ranking on the Energy Transition Index and who secured the top spot
India stands at the 67th position on the Energy Transition Index, while Sweden secured the top spot according to the WEF.
- Overall Rank: India's position on the Energy Transition Index is 67th out of 115 countries.
- Energy System Performance: India's energy system performance is evaluated based on various indicators such as energy access and security, environmental sustainability, and affordability and reliability. The analysis takes into account factors like energy consumption, energy intensity, and emissions intensity.
- Structural Readiness: The index also evaluates a country's structural readiness for energy transition by assessing the enabling environment, including regulatory frameworks, investment facilitation, and infrastructure development.
- Opportunities for Improvement: India's ranking suggests there is room for improvement in its energy system performance and structural readiness. This includes enhancing energy accessibility, increasing renewable energy deployment, and accelerating regulatory reforms to facilitate investment in the energy sector.
- Top Performer: Sweden secured the top spot on the Energy Transition Index, recognized for its high energy system performance, environmental sustainability, and strong structural readiness for energy transition.
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