Macro
Confidence 0.75
El Nino to hit India's energy system harder than anywhere else in world: CREA report
What happened
A report by CREA indicates that the El Niño phenomenon is expected to have a more severe impact on India's energy system compared to other regions globally.
Causal chain
India impact
Sector impacts
Nifty Energy −
Potential negative impacts on energy supply due to El Niño.
Short term (1–4 weeks)
Short-term supply concerns may affect energy sector stocks.
Long term (3–6 months)
Long-term impacts depend on the severity of El Niño effects.
Sources
- · El Nino to hit India's energy system harder than anywhere else in world: CREA report