Industrial Infrastructure-2/”>INFRASTRUCTURE– Power
Power is one of the most critical components of infrastructure crucial for the economic Growth and welfare of nations. The existence and development of adequate infrastructure is essential for sustained growth of the Indian economy. India’s power sector is one of the most diversified in the world. Sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power to viable non-conventional sources such as wind, solar, and agricultural and domestic waste. Electricity demand in the country has increased rapidly and is expected to rise further in the years to come. In order to meet the increasing demand for electricity in the country, massive addition to the installed generating capacity is required. In May 2018, India ranked 4th in the Asia Pacific region out of 25 nations on an index that measures their overall power.
Indian power sector is undergoing a significant change that has redefined the Industry outlook. Sustained economic growth continues to drive electricity demand in India. The Government of India’s focus on attaining ‘Power for all’ has accelerated capacity addition in the country. At the same time, the competitive intensity is increasing at both the market and supply sides (fuel, Logistics, finances, and manpower).
The Government of India has released its roadmap to achieve 175 GW capacity in RENEWABLE ENERGY by 2022, which includes 100 GW of solar power and 60 GW of wind power. The Union Government of India is preparing a ‘rent a roof’ policy for supporting its target of generating 40 gigawatts (GW) of power through solar rooftop projects by 2022.
Coal-based power generation capacity in India, which currently stands at 190.29*GW is expected to reach 330-441 GW by 2040. India could become the world’s first country to use LEDs for all lighting needs by 2019, thereby saving Rs 40,000 crore (US$ 6.23 billion) on an annual basis.
All the states and union territories of India are on board to fulfil the Government of India’s vision of ensuring 24×7 affordable and quality power for all by March 2019, as per the Ministry of Power and New & Renewable Energy, Government of India.,
Power infrastructure is the backbone of modern Society. It provides the electricity that powers our homes, businesses, and industries. Without power infrastructure, our world would grind to a halt.
Power infrastructure is a complex system that includes power generation, transmission, distribution, storage, quality, reliability, efficiency, demand, supply, markets, regulation, economics, policy, research, development, sustainability, safety, security, environmental impact, social impact, political impact, historical impact, and future impact.
Power generation is the process of converting other forms of energy into electrical energy. The most common forms of power generation are fossil fuels (coal, oil, and natural gas), nuclear power, and renewable energy (solar, wind, and hydropower).
Power transmission is the process of transporting electricity from power Plants to substations. Power transmission is typically done using high-voltage transmission lines.
Power distribution is the process of delivering electricity from substations to homes and businesses. Power distribution is typically done using lower-voltage distribution lines.
Power storage is the process of storing electricity for later use. Power storage can be done using a variety of technologies, including batteries, pumped-storage hydroelectricity, and compressed air energy storage.
Power quality is the degree to which electricity meets the requirements of its users. Power quality problems can cause equipment damage, data loss, and safety hazards.
Power reliability is the ability of a power system to provide electricity without interruption. Power reliability is important for businesses and industries that rely on electricity to operate.
Power efficiency is the ratio of the useful power output of a device to the total power input. Power efficiency is important for reducing energy consumption and costs.
Power demand is the amount of electricity that is used at a given time. Power demand varies throughout the day and year due to factors such as weather, economic activity, and social habits.
Power supply is the amount of electricity that is available to meet demand. Power supply must be able to meet peak demand, which is the highest amount of electricity that is used at any given time.
Power markets are the Economic Systems that govern the production, transmission, distribution, and sale of electricity. Power markets are typically regulated by governments to ensure that they are fair and competitive.
Power regulation is the process of setting rules and standards for the power industry. Power regulation is important for ensuring the safety and reliability of the power system.
Power economics is the study of the economic aspects of the power industry. Power economics includes the study of power markets, power regulation, and power policy.
Power policy is the set of government policies that govern the power industry. Power policy includes policies on Energy Efficiency, renewable energy, and Climate change.
Power research is the study of new technologies and methods for power generation, transmission, distribution, storage, quality, reliability, efficiency, demand, supply, markets, regulation, economics, policy, and development.
Power development is the process of building new power plants, transmission lines, and distribution lines. Power development is important to meet the growing demand for electricity.
Power sustainability is the ability of the power system to meet the needs of the present without compromising the ability of future generations to meet their own needs. Power sustainability is important for protecting the Environment and ensuring the long-term viability of the power system.
Power safety is the protection of people and property from the hazards of electricity. Power safety is important for preventing injuries, deaths, and property damage.
Power security is the protection of the power system from physical and cyber attacks. Power security is important for ensuring the reliability and security of the power system.
Power environmental impact is the effect of the power industry on the environment. Power generation, transmission, and distribution can all have a negative impact
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