13 Aug '12, 12pm

India's power blackout: An opportunity for sustainable energy?

Following the largest power outage in history, the blame game is underway in India. The recent blackout in the northern part of the country left more than 600 million people -- or about 10 percent of the world’s population -- without electricity for several days . Officials are looking at a variety of factors for the outage, including low water levels at hydro-electric dams (blamed on lower rates of rainfall) and reports that some Indian states were drawing off too much power. But a newly-released analysis by Standard and Poor’s Rating Services takes the debate a step further, saying that India is playing a risky game. It's trying to satisfy its ravenous domestic hunger for electricity while playing catch-up with its over-taxed utilities. "The blackout was, in our view, a consequence of capacity growth and infrastructure improvements that severely lag the country's mushroo...

Full article: http://www.greenbiz.com/blog/2012/08/13/india-power-black...

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