ROLE OF ENERGY IN ECONOMIC DEVELOPMENT AND
SOCIAL TRANSFORMATION
Energy is one of the main inputs to the economic development of any country.
Industrialization contributes to economic growth and requires energy.
One aspect of economic development is the long-term availability of affordable and accessible energy sources and their use does not pollute the environment.
Energy consumption is an indicator of a country's economic growth.
In the case of developing countries, the energy sector is of crucial importance given the ever-increasing energy needs.
Developing countries need economic growth and economic growth requires energy. However, the relationship between economic growth and increased demand for energy is not always straightforward.
For example, under current conditions, a 6% increase in India's gross domestic product (GDP) imposes a 9% increase in demand on its energy sector.
In this case, the ratio of energy demand to GDP is a useful indicator. The high ratio reflects the strong influence of energy on energy dependence and GDP growth.
Developed countries, by focusing on energy efficiency and less energy-consuming means, manage their energy / GDP ratios at less than a value. The proportions of developing countries are very high.
ENERGY CONSUMPTION AND STANDARD OF LIVING (Social Transformation)
Energy access to modern energy services requires socio-economic development.
It also includes the elimination of poverty. Around the world, including India, millions of people cannot afford affordable basic fuel services such as efficient lighting and a clean kitchen. It is now called "energy poverty".
Today, the focus is increasingly on energy poverty, which indicates a lack of access to modern energy services.
These services are defined as clean cooking solutions such as houses for electricity and fuel and cooking. Stoves harmful to health and the environment.
Social transformation means that we have to raise people's standard of living. The energy consumption of a country can be broadly divided into the following regions or sectors according to energy-related activities:
There is a strong positive relationship between energy consumption and quality of life in these sectors.
The consumption of large amounts of energy in a country indicates increased activity in these sectors.
Due to the use of various equipment, better transport facilities and greater agricultural and industrial production, this represents better home facilities.
Good quality for all this life. Consequently, the per capita consumption of a country is an indicator of the standard of living or goods of the inhabitants of the country.
The standard of living of people in any country is directly linked to energy consumption per capita.
If we take the annual per capita income of various countries and compare it to the energy consumption of each head, we know that energy consumption per capita is the measure of per capita income.
In other words, per capita energy consumption is a measure of the country's well-being.
Consider the following. Per capita income in the United States is 50 times that of India.
It is therefore also a high energy consumption per capita. In the United States, per capita energy consumption is 8,000 kWh per year, while per capita energy consumption in India is only 150 kWh.
We can therefore conclude that higher energy consumption represents economic growth and a higher standard of living.
It also includes the elimination of poverty. Around the world, including India, millions of people cannot afford affordable basic fuel services such as efficient lighting and a clean kitchen. It is now called "energy poverty".
Today, the focus is increasingly on energy poverty, which indicates a lack of access to modern energy services.
These services are defined as clean cooking solutions such as houses for electricity and fuel and cooking. Stoves harmful to health and the environment.
Social transformation means that we have to raise people's standard of living. The energy consumption of a country can be broadly divided into the following regions or sectors according to energy-related activities:
- Domestic sector
- Transportation sector
- Agriculture sector
- Industry sector
There is a strong positive relationship between energy consumption and quality of life in these sectors.
The consumption of large amounts of energy in a country indicates increased activity in these sectors.
Due to the use of various equipment, better transport facilities and greater agricultural and industrial production, this represents better home facilities.
Good quality for all this life. Consequently, the per capita consumption of a country is an indicator of the standard of living or goods of the inhabitants of the country.
The standard of living of people in any country is directly linked to energy consumption per capita.
If we take the annual per capita income of various countries and compare it to the energy consumption of each head, we know that energy consumption per capita is the measure of per capita income.
In other words, per capita energy consumption is a measure of the country's well-being.
Consider the following. Per capita income in the United States is 50 times that of India.
It is therefore also a high energy consumption per capita. In the United States, per capita energy consumption is 8,000 kWh per year, while per capita energy consumption in India is only 150 kWh.
We can therefore conclude that higher energy consumption represents economic growth and a higher standard of living.
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