Energy Security

The question of how to enable an effective, modern, global energy transition is garnering significant interest in both academic and policy making communities. Composite statistical indices have emerged as a useful class of tools to offer policymakers additional insights into the state and trajectory of energy transitions around the world. In this commentary, we discuss the purpose of energy indices in general and document several prominent examples. We then introduce and place in this landscape the World Economic Forum's Energy Transitions Index (ETI).
The use of biomass for energy production is one way to ensure energy security and address the environmental issues related to the use of fossil fuels in developing countries. Small and medium-sized enterprises (SMEs) need electric power and thermal energy for their activities. In Burkina Faso, this type of thermal energy is generally produced by SMEs from firewood. However, cashew companies produce a large amount of waste (shell, press cake, nut shell liquid) which can be converted into fuel. Separating the cashew nut from the shell requires two energy-intensive steps: roasting and drying.
Equality between economic progress and environmental sustainability is essential for a developing country like India. In the present time, the economy of India is growing rapidly in a vibrant mode and an efficient way, which in turn demands huge uninterrupted energy supplies. The country's energy needs are met mostly by the usage of fossil fuels and nearly 70% of electricity is generated from coal based power plants. In India, nearly 840 million people depend on traditional biomass to satisfy their energy necessities.