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Inclusive Growth

Inclusive Growth. Dark Blue shows 100% population has energy access Dark Red shows 10% population alone has energy access In India about 70% population has energy access Most countries which do not have energy access lie in the sunny region.

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Inclusive Growth

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  1. Inclusive Growth • Dark Blue shows 100% population • has energy access • Dark Red shows 10% population • alone has energy access • In India about 70% population • has energy access • Most countries which do not have • energy access lie in the sunny • region. • Presently, on an average basis • consumption of electricity in India is • meager 2 units per day. Most emerging economies have lower accessibility of electricity as well

  2. Pros and Cons of Solar Energy • Pros: • Distributed energy source • No moving parts hence reliable • Green power • Low maintenance • Unlimited energy source • Cons: • Capital intensive • Low capacity utilization (<20%) • Low efficiency and hence large area is required • Security of panels in some locations

  3. How to Make Solar Affordable and Secure? • Link solar energy with income generation • Identification of those commercial activities in which load synchronizes with • generation, e.g. grinding, irrigation, cooling, heating, etc • Linking income generation with solar will make it affordable and also • more secure. • Sustainability and security will come intrinsically to the solar installations • which lead to income generation activity and economic activities.

  4. What are the Spin Offs? • Even though solar receives capital and generation based subsidy today, it • helps in revenue collection and economic growth indirectly: • Generates employment leading to direct and indirect taxes • Land revenue • Growth of metal and cement industry • Training and education sector • Clean environment • Transport sector • Foreign exchange earning • Kick starting new economic activities in remote areas

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