Friday, November 14, 2014

India's plan to stop importing coal deals another blow to Australia : Renew Economy

A key target is the delivery of electricity to 52 million households (more than 300 million people) who live beyond the grid. Despite a plan to attract $US50 billion of new investment building out a nationally interconnected transmission and distribution grid, Minister Goyal acknowledged the cost of extending the centralised grid to remote areas is prohibitive, particularly as most of these households live in poverty and cant afford the high cost of centralised electricity.

Whilst the target is for eventual delivery of electricity 24/7 for all, Minister Goyal acknowledged 4/7 (i.e. access to light and cooking in the evening) would be a massive improvement on the current total absence of supply. Distributed electricity generation and the roll-out of micro grids will be the near-term solution to addressing this key priority of the Modi government. This will involve small distributed solar systems with battery storage and LED lighting.

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