COLLABORATION AND INNOVATION ARE KEY TO BUILDING A RESILIENT POWER ECOSYSTEM

Decentralised energy systems, microgrids and hybrid energy models are gaining traction, ensuring energy access for remote areas.

India's power sector is transforming, driven by rapid economic growth and the imperative to adopt sustainable energy solutions. As the backbone of the nation's development, the sector spans generation, transmission, and distribution, with remarkable advancements but persistent challenges. Capacity constraints, transformer shortages, and delays in creating new evacuation corridors hinder progress on the generation and transmission front. Simultaneously, smart meter rollouts and renewable energy initiatives like PM Surya Ghar Yojana are reshaping the distribution landscape.

Despite substantial potential, the rollout of smart meters, though revolutionary, has faced slow implementation, primarily due to misconceptions and a lack of effective consumer engagement. Success stories, such as the deployment of 2.6 million smart meters in Bihar, highlight the importance of awareness campaigns and proactive utility participation. Renewable energy integration, particularly solar, reshapes energy dynamics, but balancing intermittent renewable sources with conventional power remains challenging. The evolving role of Public-Private Partnerships (PPP) is crucial in addressing financial constraints, while innovations in storage and energy efficiency signal the sector's future direction. For India to realise its energy security and economic growth vision, a collective focus on quality, collaboration, and technological adaptation is paramount, ensuring a resilient and sustainable power ecosystem.

EPR recently engaged with industry experts at the Distribution Utility Meet 2024 in Lucknow to gain insights into their perspectives. Let us delve into the story to know more.

Adapting to the changing scenario