CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the projected power demand for the years 2029-30?
A
2.28 trillion units of electricity
B
1.28 trillion units of electricity
C
5.28 trillion units of electricity
D
7.28 trillion units of electricity
Explanation: 

Detailed explanation-1: -Projected a peak electricity demand of 334.8 GW and electrical energy requirement of 2279.7 BU for the year 2029-30. The impact of EVs on all India Demand in 2029-30 is likely to be 3 GW in Peak Demand and 15 BU in Energy requirement.

Detailed explanation-2: -In the Stated Policies Scenario, global electricity demand grows at 2.1% per year to 2040, twice the rate of primary energy demand. This raises electricity’s share in total final energy consumption from 19% in 2018 to 24% in 2040. Electricity demand growth is set to be particularly strong in developing economies.

Detailed explanation-3: -Performance of Electricity Generation (Including RE) i.e. growth of around 7.2% over actual generation of 1624.158 BU for the previous year (2022-23). The generation during 2022-23 was 1624.158 BU as compared to 1491.859 BU generated during 2021-22, representing a growth of about 8.87%.

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