Uploaded on Jun 26, 2021
A human standard of living has changed over the course of history. Incessant innovation has long been a characteristic of the human species. One such technological discovery which has undoubtedly proved to be a blessing to Mankind is the discovery of Electromagnetic Induction. The discovery of electromagnetic induction revolutionised how we use Energy. Ph.D. Assistance serves as an external mentor to brainstorm your idea and translate that into a research model. Hiring a mentor or tutor is common and therefore let your research committee know about the same. We do not offer any writing services without the involvement of the researcher. Learn More: https://bit.ly/3da1Xqc Contact Us: Website: https://www.phdassistance.com/ UK NO: +44–1143520021 India No: +91–4448137070 WhatsApp No: +91 91769 66446 Email: [email protected]
Techno Economic Socio Economic Scope For PhD Students - Phdassistance
Techno Economic Socio Economic
Scope for PhD
sAn tAcuadedmice prnesetntsation by
Dr. Nancy Agnes, Head, Technical Operations,
Phdassistance Group www.phdassistance.com
Email: [email protected]
T O D AY ' S D I S C U S S I O N
O u t l i n e
Introduction
Revolution of Energy
Supply and demand of Energy in India
Role of RES and it’s Significance
Potential of RES in Emerging Markets
Barriers to effective utilisation of RES
Conclusion
I N T R O D U C T I O N
Human standards of living has changed over
the course of history.
Incessant innovation has long been a
characteristic of the human species.
One such technological discovery which has
undoubtedly proved to be a blessing to Mankind
is the discovery of Electromagnetic Induction.
The discovery of electromagnetic induction
revolutionised how we use Energy.
R E V O LU T I O N O F E N E R G Y
Energy exists in nature.
Early man made use of the most natural
available energy such as sun, wood and the
wind for his survival.
Modern man however has reinvented this
energy to suit his complex lifestyle.
Energy is a very natural resource which can be
turned into wealth if developed and utilised in
the right way.
Contd...
Availability of reliable energy invariably
enables higher standards of living which in
turn leads the country towards progress.
Generating electricity by harnessing energy
has resulted in inventions that provide luxury
and comfort in our day to day life.
Affordable and reliable electricity has become
a mandatory element of modern life and one
cannot think of a world today without it.
Contd...
Electricity has not only established its
necessity in our day today life in the form of
lights, fans or any other household appliances
but has also revolutionised the modern
means of transport and communication.
It quietly breeds life into the digital world we
tap into with our smart phones and computers
not leaving alone the field of medicine and
surgery to save human life.
Techno
Economic Socio
Economic Scope
for PhD
students
Potential of Supply and
RES in demand
Emerging of Energy
Markets in
India
Barriers to Role of RES
effective and it’s
utilisation Significanc
of RES e
Revolution
of Energy
S U P P LY A N D D E M A N D
O F E N E R G Y IN I N D I A
Energy is intrinsically linked with
environmental, social and economic
dimensions of continuous development of
any nation.
Energy management is thus one of the
most critical aspects any government has to
deal with.
India has a population of
approximately 1363 Crores.
Contd...
It is the 7th largest country in the world and is graded as second in row amongst the
highest populated countries in the world.
The yearly growth rate of India is 1.18% which represents almost 17.74% of
the worlds population.
The country is expected to have more than 1.383 billion people by the end of 2020
respectively.
Given that figure, the rural economy of India constitutes 46% of it’s national income.
70% of workforce in India still reside in the rural areas.
Contd...
Any rural vicinity with basic infrastructure such as
distribution transformers and distribution lines installed, is
scrutinised as electrified as per the Rural Electrification
policy declared by the Government of India.
However, a detailed evaluation at the electrification data
from the hinterland shows that majority of the
households in villages across most states are still in the
dark without access to electricity.
The Indian government has declared that one of their
core priorities is to provide electricity to every household
in India.
Contd...
Provision of increasing quanta of energy to enable
accessibility of cleaner and more reliable electricity is not
only essential to raise the standard of living but is also a
vital prerequisite for the economic growth of a country.
India has an installed effective capacity of 3,75,323 MW.
The main sources of electricity generation in India is
through mineral oil, natural gas, thermal power,
firewood hydropower and nuclear power.
Contd...
The electricity generation target of conventional sources for the year 2020 to 2021 was
fixed at 1330 BU comprising of 1138.533 BU thermal, 140.357 BU hydro, 43.80
nuclear and 7.230 BU import from Bhutan.
Hence summarizing, that in order to fulfill the economic development plans that are
being implemented, India faces an increasing energy demand.
Despite the fact that India has achieved a quick and incredible economic growth,
energy is still insufficient for the country .
Contd...
Strong economic growth in India magnifies the demand for energy and hence more
energy sources are required to satisfy this demand.
Moreover, India is challenged of sustainable development due to the increasing
population and environmental deterioration, which in turn widens the gap between
demand and supply of power that is expected to rise subsequently.
World energy council has predicted that global electricity demand will peak in 2030.
R O L E O F R E S A N D IT ’S
S I G N I F I C A N C E
Sources of energy such as coal, oil and natural
gas contribute to 1/3 of global greenhouse gas
emissions, of which India is responsible for nearly
6.65% of total global carbon emissions ranked 4th
next to China 26.83% the USA 14.36% and the EU
9.66%.
Approximately 50 billion tons of greenhouse gases
is being emitted around the world each year
thereby causing severe damage to the atmosphere
bringing about various climatic changes.
Contd...
Climatic changes in turn affect the ecological balance in the world.
India has made substantial investments in importing expensive fossil fuel and coal.
Consequently, pressing the need to find alternate sources for generating electricity.
Renewable energy technologies is one such alternative for producing electricity which is
researched to mitigate environmental pollution.
Adopting to this alternative by making a rapid and global transition to renewable energy
technologies will help India to accomplish continuous growth and avoid catastrophic
climatic changes.
Contd...
Renewable energy sources predominantly generate
clean and reliable energy.
Hence it isbelieved to be able to balance the
electricity demand and reduce emissions.
Renewable energy sources RES include small
hydro project, biomass gasifier, biomass power
urban and industrial waste power solar and wind
energy.
P O T E N T I A L O F R E S IN
E M E RG I N G M A R K E T S
RES has exhibited an upsurge in
global investment in the past
few years.
More than half of the speculation has
occurred in the developing
countries.
Contd... Contd...
Amongst the other emerging countries- China, India and Brazil have designed explicit
investment strategies to support adequate investment in RES while Chile Mexico and
South Africa appear to be strong players Argentina, Jordan, the Philippines, Turkey and
Russia are recognised as equally attractive RES investment countries specially in solar.
India aims to achieve 175 GW of renewable energy which would consist of 100 GW from
solar energy, 10 GW from biopower 60 GW from wind power and 5 GW from small hydro
power plants by the year 2022.
Contd...
The higher cost of electricity production using renewable technologies is expected to
reduce with the increasing experience in the techniques involved.
An energy source is an essential element of socio economic development.
Major economic activity of India comprises of agriculture, Hence the supply of power
particularly to rural areas is tremendously important to promote other economic activities
for growth and development of the country.
The impact of guaranteed supply of power generated using RES, on the economic and
social life of the people of India is an interesting topic to be researched.
Contd...
Many socio economic advantages derive from renewable power.
The most important one being employment for the citizens of India.
The prospects of employment seems to be higher with increasing investments in the
renewable energy sector than any other fossil fuel industry.
A lack of consistent data on the possible influence of employment in the renewables
expansion industry gives a scope to assess the quantity of skilled semi skilled and
unskilled personal that might be needed.
B A R R I E R S T O India imports 90% of its solar cell and module requirements from Malaysia China
and Taiwan.
E F F E C T I V E
The country has around 36.9 GW installed
solar capacity by end of 2020 and the
U T I L I SAT I O N government is making sincere efforts to
encourage domestic market.
O F R E S Contd...
Policy and regulatory framework initiatives for the development of renewable
energy sources in terms of tariff determination defining RPO promoting grid
connectivity and promoting the expansion of the market, projects the need to be
researched and assessed.
Financial barriers to investments in RES emerge in terms of lack of technological
awareness that lead to unpredictable evaluation of resources.
such uncertainties are perceived as high risk to developers contributing to invest
in RES.
C O N C L U S I O N
To conclude, based on the above mentioned facts
and figures the potential for cost effective
production and utilisation of solar energy appears
to be an interrogative topic for research in terms of
techno economic and socio economic impact of
RES in the days to come.
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