In the past few years, India has done pretty well as far as the adoption of modern day technology is concerned; right from awareness of social media usage to penetration of the internet connection in the rural areas. Campaigns like ‘Digital India’ have also aided the process.
That said, under the aegis of the current Indian government, the nation did really well in numerous departments, be it social issues or financial crisis. This raises a big question; where are we still lacking in making India a prosperous nation? And, the answer is ‘Energy and Power sector’. Considering the present condition of India’s energy sector, the energy crisis is not a new story and has been prevalent for years now.
With this post, we are aiming to shed light on the present energy crisis in India, and how it is influencing the common people.
5. Fuel Availability Issue
There is a huge shortage of coal supply in the whole process of power generation. According to a report by Economic Times, overall coal supply by Coal India Ltd is restricted to around 65% of the actual coal requirement by coal-based thermal plants. This leads to increased dependence on coal imports. In the end, it all adds up to the energy generation costs due to the scarcity of fuel availability and results in high power generation costs.
4. Poor Financial Condition of State Discoms
There are other factors that contribute to the poor financial health of the state discoms, such as outstanding debts, land acquisitions for power projects which ultimately pushes the capital expenditure to an unprofitable scenario.
3. 240 Million Indians Have Zero Access To Electricity
Even after the 67 years of Indian independence, it is disgraceful to hear that 240 Million Indians have zero access to electricity supply. Here, we cannot solely blame the government for the present situation as they did whatever they could by forming big corporations such as NTPC Limited, NHPC Limited, and so on.
The pivot reason behind the whole scenario is a huge imbalance of demand & supply of electricity in India. The power sector is still unable to match up the need for electricity requirement due to the shortage of equipment, especially the scarcity is huge in core tool of Boilers, Turbines, and Generators. Therefore, it results in zero supply to the rural territory since the grid does not reach certain areas.
2. Frequent Power Outages
This remains an unsolved puzzle due to the load generation imbalances in the system. So, let’s take a deeper sight into the matter; the disequilibrium of the load in the system happens because the consumer’s power requirements keeps changing. The rated frequency of India is 50.0 HZ and the ideal frequency should be close to the rated frequency all the time.
1. There Is Surplus Power But We Still experience power cuts
As per a report, there is an electricity demand of 1.34L MW but the supply capacity is 2.68L MW. There has been an improvement in power generation over the past years and the deficit has gradually exalted from 11 percent in 2008-09 to almost zero deficit in 2016-17. But, if there is surplus power then why are Indians still facing power cuts? The answer again is the poor financial health of state discoms and that’s why they are unable to buy electricity in sufficient quantity. Also, the transmission and distribution constraints are responsible for those power cuts.
How Is Schneider EcoStruxure Grid Minifying The Crisis?
It’s time to look into the existing practical solution which will help Indians in overcoming power issues.
Recently in 2016, Schneider, a France based multinational company launched their revolutionary EcoStruxure Grid. Basically, it is based on the open and inter-operable EcoStruxure system architecture and is a platform for the internet of things (IoT), and is structured for the grid market.
In simple terms, EcoStruxure Grid is designed to provide a unified structure for utilities to vanquish the magnifying insolubility of grid-related operations.
Also, it retouches the utilities’ operations by unifying analytics, cloud, cybersecurity, mobility & sensing – enabling them to transact congestive, enriched, and cleaned data to fabricate significance. The interoperable IoT framework also helps the EcoStruxure Grid to reach out to each degree of the grid with lower carbon, and smarter utility management. Now Schneider Electic India is bringing the same idea to Indian power sector by implementing those EcoStruxure Grid so that it can bring value to the end consumers and reduce those power cuts without compromising on the environmental. #EcoStruxure #Grid