American Journal of Economics and Business Management · 2019 · 16 citations · 0 references
Natural ResourcesEconomicsEconomic DevelopmentEnergy EconomicsEnergy PolicyElectricity Load ManagementPower Sector EconomicsEconomic Growth StrategyElectricity Sector ReformGeneration Expansion PlanningLoad Factor AnalysisLoad Factor IndicatorsPer Capita ConsumptionPower RequiredPower System Planning
The aim of the study is to discuss the trend of Transmission and Distribution Losses (T&D), Plant Load Factor (PLF), Deficit in power supply position, and policy initiatives government can take which will assist policy makers to take decisions. The per capita consumption has additionally increased from 15 kWh in 1950 to around 1,181 kWh in the year 2018-19. Among different modes established for gathering the consistently increasing demand of power to accomplish the focused on growth rate, generation capacity enlargement is the most imperative segment. Availability of required power is a parameter of economic growth and the economic growth leads to growth in demand for power. The real challenging task to the power sector is to minimize and eventually wipe out generation deficit, to make available a reliable and financially savvy supply of power to the customers, and to accomplish it in an ecological manner with least impact on nature. It is exceptionally important to take up with all reality measures to increase capacity addition to expand generation of power into uninterrupted supply and increasing demand of power by consumers falling under different groups.