Energy is a vital building block of economic growth. In an attempt to meet the demands of a developing nation, the Indian energy sector has witnessed a speedy development. Areas like the resource exploration and management, capacity additions, and energy sector reforms have been revolutionized.
Today, India has one of the main potentials for the efficient use of renewable energy. There is a significant potential in India for production of power from renewable energy sources—wind, small hydro, biomass, and solar energy.
The energy sector absorbs the largest amount of resources invested in the Indian economy. The per capita household energy consumption is extremely low in India, and there is a large difference between India and the OECD (Organization for Economic Co-Operation and Development) countries.
India receives solar energy equivalent to over 5000 trillion kWh/year, which is far more than the total energy consumption of the country. But how many solar power initiatives are there? In fact according to the Ministry of Power, there are currently, an excess of 120,000 villages which do not have electricity. In the coal sector, India currently faces coal shortage of 23.96 MT. Production of petroleum reserves has been stretched from 5.7 MT during 1970/71 to 110 MT in 2003/04.
The demand for Natural gas too has been steadily growing at the rate of about 6.5% during the last decade.
The ‘Green Energy Sector in India’ PowerPoint presentation covers areas such as, Renewable energy in India, consumption trends, overview of the Indian power sector, carbon emissions, nuclear energy, hybrid systems, and much more.
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