Disruptive innovation almost always takes the incumbent by surprise. Successful organisations are very often good at sustaining innovation (that is, incrementally improving their business model), but they’re generally unwilling to foster disruptive innovation, and are often structurally or culturally unable to. But those disruptive innovations can blow their business model away—and by the time they […]
- Tag "ELECTRICITY SECTOR"
Even with the global electrification rate rising from 83% in 2010 to 89% in 2017, about 573 million people still lack adequate access to electricity in Sub-Saharan Africa. The Sustainable Development Goal (SDG) 7 calls for action to “ensure access to affordable, reliable, sustainable, and modern energy for all” by 2030. It is estimated that […]
State peak hour power demand estimated to jump 35% to 30,000 mw by 2024 The Uttar Pradesh government plans to invest Rs 20,000 crore in five years for improving power transmission, seeking to provide uninterrupted electricity to industries as it aims to become a $1-trillion economy. It’s estimated that the peak hour energy demand in […]
India’s levelised cost of electricity using solar photovoltaic has fallen to $38 per megawatt hour this year, 14% cheaper than coal-fired power India’s renewable energy cost is the lowest in the Asia Pacific, consultancy Wood Mackenzie said on Monday. India’s levelised cost of electricity (LCOE) using solar photovoltaic has fallen to $38 per megawatt hour […]