In developing countries (and more so in underdeveloped countries), power cuts are a way of life. While exact data for the amount of economic losses suffered by these countries owing to the power losses are not easy to estimate, it will be without a doubt, huge.
"With demand for power overshooting supply, the Punjab State Power Corporation has decided to impose one-day power cuts on the steel producing industry starting soon. Worse, the agency announced that if the situation worsens, the power cut could be extended to two days per week.
In the peak summer, the demand for energy in the state has gone up to 1950 lakh units per day against a supply of 1800 lakh units – a gap of about 8%." (Source: EAI Blog)
Just imagine that you were running a company and tow of the six working days a week you do not have power at all. It sounds impossible for those in the west but in the developing countries this is a matter of fact. It is imperative that these countries start shifting to renewable sources of power at the earliest. I am not saying renewable sources will ensure continuous power all the time, but at least they are likely to provide partial relief during these power cuts
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