Energy economic planning in the developing countries: a conceptual model for India

Abstract

Developing countries have been adversely affected by the four-fold increase in oil prices of late 1973. As Energy sectors and other economic sectors are competing for the limited investible resources, increasing energy import and development costs might constrain the economic growth rate in the developing countries in the foreseeable future. Integrated planning for energy and non-energy sectors should be given high priority in these countries to analyse energy policy and development plans within a framework of economic planning. The methodologies used for energy sector planning are not usually applicable to the developing countries due to various reasons.