India vs Maharashtra: Comparing GDP, Electricity Consumption and Electricity Intensity
Energy Intensity is the measure of Energy Efficiency in a country. It measures the energy supplied to the economy per unit value of economic output[1]. The unit of measurement is megajoules per unit of GDP. In this article here, we compare the electricity intensity between India and Maharashtra. The unit of measurement is kWh of electricity consumed to produce ? 1 crore of GDP (gross domestic product).
We map the trend of GDP, electricity consumption and the electricity intensity of India and Maharashtra from 2011-12 to 2021-22.
We take aggregate annual values of the GDP for India and the GSDP for Maharashtra at 2011 constant prices. In fig. 1 below we compare the GDP between India and Maharashtra.
From fig. 1 we notice that Maharashtra contributed about 14% of the national GDP in 2011-12 to 12% in 2021-22.
We find from fig 2, that Maharashtra consumes about 10% of the total national electricity consumption. The trend is not consistently reducing, not after the 2020 pandemic, but Maharashtra has consistently been consuming less than 10% of the national electricity consumption.
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From figures 1 and 2 we notice that Maharashtra contributes over 10% of the National GDP and consumes under 10% of the national electricity. It is therefore expected that the Electricity Intensity of the state is better than the national average. In fig. 3 we see that the electricity intensity of Maharashtra has been consistently below 90,000 kWh per Rs. Crore of GDP against India’s 1,40,000 kwh per Rs. Crore of GDP. The trend had been improving since 2011 to 2020, the year of the pandemic. After the pandemic, we notice an uptick and increasing intensity. This indicates that the energy efficiency of the economy is worsening – we are consuming more electricity to produce the same value of GDP.
This worsening efficiency indicates a market for more energy efficient solutions. Energy transition is not only a shift from fossil fuels to clean energy, but also a more sustainable transition from wasteful consumption to mindful consumption.
Next week we shall compare how India fares against its G21 peers.
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FPGA Engineer at Major defense contractor
7 个月How can you compare any state - in whichever country to a HUGE country Trump would say YUUUUGE. 1,44 Billion is itself pretty staggering.