Homework question, please help. Pick up any country (including US) or US state a
ID: 108293 • Letter: H
Question
Homework question, please help.
Pick up any country (including US) or US state and try to apply 7 analytical tools. Just 1-2 sentences for each point for now – to show that you understand them.
7 tools:
1. Two sides of “business of climate change”: polluters (carbon energy generation and transportation) and “cleaners” (alternative energy generation, distinguish between centralized (nuclear, large hydro) and decentralized (solar, wind, bio, etc); energy efficiency initiatives, etc. Also important – who and how manages energy infrastructure, in particular, the grid. Make sure to include if the state/country is net importer or exporter of oil/petroleum as it makes significant impact on the whole system.
2. Sustainability. How energy system is integrated in our life and environment and in what way we need to adjust our behavior to sustain the environment.
3. Cost-benefit analysis. What are the costs (economic and environmental) and what are the benefits of using traditional energy vs. using alternatives?
4. Cash flow analysis. What facilities are already installed; when they were installed and when they will require major maintenance. What alternative energy facilities could be potentially installed, where, what are potential barriers on entry.
5. Ethics. Who owns energy generation, their vision of future of environment and energy.
6. Public good. What are local and federal governments as well as international organizations are doing about climate change and transition from carbon energy to alternatives that is practically applicable to the specific location analyzed?
7. Country level analysis. How is your country doing relatively to peers? What countries are global leaders in the field and what can be learned from them?
Explanation / Answer
Application of 7 analytical tools for India:
1. Two sides of “business of climate change”: The polluters for India are its carbon energy generation and transportation and “cleaners” are its alternative energy generation like its centralized nuclear and large hydro power generation and decentralized power systems such as solar, wind, and bio-energy initiatives. The Ministry of New and Renewable Energy (MNRE) is acting as the nodal Ministry of the Government of India for all matters relating to new and renewable energy sources. It manages energy infrastructure and the grid. However, India is a net importer of crude oil/petroleum.
2. Sustainability: In India energy system is integrated in our life and environment and people in India are being trained to adjust their behavior to sustain the environment.
3. Cost-benefit analysis: The costs for economic activities and environmental pollution control goes in a balanced manner. There are cost benefits for organizations in using alternatives energy sources instead of traditional energy sources.
4. Cash flow analysis: Solar energy facilities are already installed in India in a bigger way in the past 5 years and they will not require major maintenance now. It will take another few years for major maintenance of India's solar facilities and infrastructure. Centralized nuclear and large hydro power generation have been started in India along with many decentralized power systems such as solar, wind, and bio-energy initiatives. In India, there are no potential barriers on entry.
5. Ethics: NTPC limited is the government owned corporation in India that owns energy generation and for creating r vision of future of environment and energy. Major private companies in Indian power sector are Reliance Energy, Suzzlon , TATA Power, Adani Power and more.
6. Public good: The state and central governments in India are doing well to manage climate change and transition from carbon energy to alternatives in practically applicable locations.
7. Country level analysis: India is doing better when comparing to its peer countries. Germany, China, Japan, Italy, United States, France, Spain, United Kingdom and Australia are global leaders in the field of renewable energy sources, especially in solar energy sector. India is one among them and the country is leaning many things from its peers.
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