Prelims : Current events of National and International Importance | Energy
Why in News?
From a rank of 63 in 2024, India has now slipped to rank 71 on the Energy Transition Index (ETI).
- It ranks countries on their progress towards energy transition from fossil fuels to clean energy.
- Developed by - World Economic Forum (WEF), an international non-profit for public-private cooperation set up in 1971.
- The report that compared the annual progress of 118 countries also noted that India had advanced in energy efficiency and investment capacity.
- Main Aspects - The Forum takes into account 2 main aspects to put together the Index.
- One is system performance, which includes 3 factors
- Energy security (the presence of a stable and resilient energy supply through developing a diversity of energy sources as well as grid and power supply reliability),
- Equity (wherein there is access to energy for all, including consumers and industries) and
- Sustainability (promoting energy sources that have lower impacts on the environment, such as lower carbon footprints).
- The second is transition readiness, which includes regulation (legal structures that facilitate energy transition), infrastructure, education, innovation, and investment capacities.
- The Index used 43 indicators under these broad categories, using data from multiple sources and organisations, and scored countries on a scale of 0 to 100.
- Rankings - In 2025, 77 out of 118 countries (65%) recorded an increase in their overall ETI scores, with an average gain of 1.1% that signals a broad, though uneven, recovery in transition momentum.
- Overall, advanced economies dominated the ETI rankings, accounting for 16 of the index’s top 20 performers.
- The top 4 are all Nordic countries - Sweden, followed by Finland, Denmark, and Norway.
- India’s Position - At rank 71, India scored 53.3 on the Index.
- India’s system performance score was 60.4, and its transition readiness score was 42.7.
Reference
The Wire | Energy Transition Index