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Challenges in Power Sector Video Lecture | Economics CUET Preparation - Commerce
FAQs on Challenges in Power Sector Video Lecture - Economics CUET Preparation - Commerce
| 1. What are the major challenges faced by the power sector? |  |
Ans. The major challenges faced by the power sector include the need for infrastructure development, ensuring affordable and reliable electricity, transitioning to renewable energy sources, managing environmental concerns, and dealing with policy and regulatory issues.
| 2. How can infrastructure development be a challenge in the power sector? | |
Ans. Infrastructure development in the power sector can be a challenge due to factors such as high capital costs, limited availability of land for power plants and transmission lines, resistance from local communities, and the need for extensive planning and coordination with various stakeholders.
| 3. What are the difficulties in ensuring affordable and reliable electricity in the power sector? | |
Ans. Ensuring affordable and reliable electricity in the power sector poses difficulties due to factors such as fluctuating fuel prices, high transmission and distribution losses, inadequate financial resources, outdated transmission and distribution infrastructure, and the need for continuous maintenance and upgrades.
| 4. How does the transition to renewable energy sources present challenges in the power sector? | |
Ans. Transitioning to renewable energy sources in the power sector presents challenges such as intermittency of renewable energy generation, limited availability of suitable renewable energy resources in certain regions, high initial costs of renewable energy infrastructure, and the need for storage and grid integration solutions.
| 5. What policy and regulatory issues affect the power sector? | |
Ans. Policy and regulatory issues affecting the power sector include issues related to pricing and tariffs, subsidies, government incentives for renewable energy, licensing and permits for power generation, transmission, and distribution, regulatory frameworks for competition and market liberalization, and compliance with environmental and safety standards.
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