With installed capacity in GW-scale electrical generators, most countries experience a deficit of around 10%, necessitating synchronization between incremental per capita electricity consumption, new capacity additions, population growth, and industrialization.
Key challenges in conventional power production include high CO2 emissions and fuel shortages (coal, diesel, and gas).
Proximity between production and consumption points is critical for capital deployment and ensuring efficient electrical infrastructure with cost optimization.
Improper management and the absence of robust analytics can result in unexpected situations, such as cascading effects and blackouts.
