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Techno Economic Socio Economic Scope For PhD Students - Phdassistance

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.<br><br>Learn More: https://bit.ly/3da1Xqc<br>

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Techno Economic Socio Economic Scope For PhD Students - Phdassistance

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  1. TechnoEconomicSocioEconomic ScopeforPhDstudents AnAcademicpresentationby Dr.NancyAgnes,Head,TechnicalOperations,Phdassistance Group www.phdassistance.com Email:info@phdassistance.com

  2. Outline TODAY'SDISCUSSION Introduction RevolutionofEnergy SupplyanddemandofEnergyinIndia RoleofRESandit’sSignificance PotentialofRESinEmergingMarkets BarrierstoeffectiveutilisationofRES Conclusion

  3. Humanstandardsoflivinghaschangedover thecourse of history. Incessantinnovationhaslongbeena characteristicofthehumanspecies. Onesuchtechnologicaldiscoverywhichhas undoubtedly proved to be a blessing to Mankind isthediscoveryofElectromagneticInduction. Thediscoveryofelectromagneticinduction revolutionisedhowwe use Energy. INTRODUCTION

  4. Energyexistsinnature. Earlymanmadeuseofthemostnatural availableenergysuchassun,woodandthe windfor hissurvival. Modernmanhoweverhasreinventedthis energyto suithiscomplex lifestyle. Energy is a very natural resource which can be turnedintowealthifdevelopedandutilisedin theright way. Contd... REVOLUTIONOFENERGY

  5. Availabilityofreliableenergyinvariably enableshigherstandardsoflivingwhichin turnleadsthecountrytowardsprogress. Generating electricity by harnessing energy has resulted in inventions that provide luxury andcomfortinourdaytodaylife. Affordableandreliableelectricityhasbecome amandatoryelementofmodernlifeandone cannotthinkofaworldtodaywithoutit. Contd...

  6. Electricityhasnotonlyestablishedits necessityinourdaytodaylifeintheformof lights,fansoranyotherhouseholdappliances buthasalsorevolutionisedthemodern meansoftransportandcommunication. Itquietlybreedslifeintothedigitalworldwe tapintowithoursmartphonesandcomputers notleavingalonethefieldofmedicineand surgerytosavehumanlife.

  7. TechnoEconomic Socio Economic Scope for PhD students Potential of RESin Emerging Markets Supplyand demand of Energyin India Barriersto effective utilisation ofRES RoleofRES andit’s Significance Revolution of Energy

  8. SUPPLYANDDEMAND OFENERGYININDIA

  9. Energyisintrinsicallylinkedwith environmental,socialandeconomic dimensionsofcontinuousdevelopmentof anynation. Energymanagementisthusoneofthe most critical aspects any government has to dealwith. India has a population of approximately 1363Crores. Contd...

  10. Itisthe7thlargestcountryintheworldandisgradedassecondinrowamongstthe highestpopulated countries inthe world. The yearly growth rate of India is 1.18% which represents almost 17.74% of the worldspopulation. Thecountryisexpectedtohavemorethan1.383billionpeoplebytheendof2020 respectively. Giventhatfigure,theruraleconomyofIndiaconstitutes46%ofit’snationalincome. 70% of workforce in India still residein therural areas. Contd...

  11. Anyruralvicinitywithbasicinfrastructuresuchas distributiontransformersanddistributionlinesinstalled,is scrutinised as electrified as per the Rural Electrification policydeclaredbythe GovernmentofIndia. However,a detailed evaluation at the electrification data fromthehinterlandshowsthatmajorityofthe households in villages across most states are still in the darkwithout accessto electricity. The Indian government has declared that one of their core priorities is to provide electricity to every household inIndia. Contd...

  12. Provisionofincreasingquantaofenergytoenable accessibility of cleaner and more reliable electricity is not only essential to raise the standard of living but is also a vitalprerequisitefortheeconomicgrowthofa country. Indiahasaninstalledeffectivecapacityof3,75,323MW. ThemainsourcesofelectricitygenerationinIndiais throughmineraloil,naturalgas,thermalpower, firewoodhydropowerandnuclear power. Contd...

  13. Theelectricitygenerationtargetofconventionalsourcesfortheyear2020to2021was fixedat1330BUcomprisingof1138.533BUthermal, 140.357BUhydro,43.80 nuclearand7.230BUimportfromBhutan. Hencesummarizing,thatinordertofulfilltheeconomicdevelopmentplansthatare beingimplemented,Indiafacesanincreasingenergydemand. DespitethefactthatIndiahasachievedaquickandincredibleeconomicgrowth, energyisstillinsufficientforthecountry. Contd...

  14. Strong economic growth in India magnifies the demand for energy and hence more energysources are requiredto satisfy thisdemand. Moreover,Indiaischallengedofsustainabledevelopmentduetotheincreasing population and environmental deterioration, which in turn widens the gap between demandand supplyof powerthat isexpected torise subsequently. Worldenergycouncilhaspredictedthatglobalelectricitydemandwillpeakin2030.

  15. SIGNIFICANCE Sources of energy such as coal, oil and natural gascontributeto1/3ofglobalgreenhousegas 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 isbeingemittedaroundtheworldeachyear thereby causing severe damage to the atmosphere bringingaboutvariousclimaticchanges. Contd... ROLEOFRESANDIT’S

  16. Climaticchangesinturnaffecttheecologicalbalanceintheworld. Indiahasmadesubstantialinvestmentsinimportingexpensivefossilfuelandcoal. Consequently, pressingtheneedtofindalternatesourcesforgenerating electricity. Renewable energy technologies is one such alternative for producing electricity which is researchedto mitigate environmentalpollution. Adopting to this alternative by making a rapid and global transition to renewable energy technologieswillhelpIndiatoaccomplishcontinuousgrowthandavoidcatastrophic climaticchanges. Contd...

  17. Renewable energy sources predominantly generate cleanand reliableenergy. Henceitisbelievedtobeabletobalancethe electricitydemandandreduceemissions. RenewableenergysourcesRESincludesmall hydroproject,biomassgasifier,biomasspower urban and industrial waste power solar and wind energy.

  18. POTENTIALOFRESIN EMERGINGMARKETS RES has exhibited an upsurge in global investment in the past few years. Morethanhalfofthespeculationhas occurredinthedevelopingcountries. Contd... Contd...

  19. 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 RussiaarerecognisedasequallyattractiveRESinvestmentcountriesspeciallyinsolar. 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 powerplants by the year 2022. Contd...

  20. Thehighercostofelectricityproductionusingrenewabletechnologiesisexpectedto reducewith theincreasing experiencein the techniquesinvolved. Anenergysourceisanessential elementofsocioeconomic development. Major economic activity of India comprises of agriculture, Hence the supply of power particularlytoruralareasistremendouslyimportanttopromoteothereconomicactivities forgrowth and development ofthe country. The impact of guaranteed supply of power generated using RES, on the economic and sociallife ofthe peopleof Indiais aninteresting topic tobe researched. Contd...

  21. Manysocioeconomicadvantagesderivefromrenewablepower. ThemostimportantonebeingemploymentforthecitizensofIndia. The prospects of employment seems to be higher with increasing investments in the renewableenergy sectorthan any otherfossil fuel industry. A lack of consistent data on the possible influence of employment in the renewables expansionindustrygivesascopetoassessthequantityofskilledsemiskilledand unskilledpersonal that might beneeded.

  22. Indiaimports90%ofitssolarcelland modulerequirementsfromMalaysiaChina andTaiwan. BARRIERSTO EFFECTIVE Thecountryhasaround36.9GWinstalled solarcapacitybyendof2020andthe governmentismakingsincereeffortsto encouragedomesticmarket. UTILISATION OFRES Contd...

  23. Policyandregulatoryframeworkinitiativesforthedevelopmentofrenewable energysourcesintermsoftariffdeterminationdefiningRPOpromotinggrid connectivityandpromotingtheexpansionofthemarket,projectstheneedtobe researchedandassessed. FinancialbarrierstoinvestmentsinRESemergeintermsoflackoftechnological awarenessthatleadtounpredictableevaluationofresources. suchuncertaintiesareperceivedashighrisktodeveloperscontributingtoinvest inRES.

  24. To conclude, based on the above mentioned facts andfiguresthepotentialforcosteffective productionandutilisationofsolarenergyappears to be an interrogative topic for researchin terms of technoeconomicandsocioeconomicimpactof RESin thedays tocome. CONCLUSION

  25. UNITEDKINGDOM +44-1143520021 INDIA +91-4448137070 EMAIL info@phdassistance.com CONTACTUS

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