Comments by "Neolithic Transit Revolution" (@neolithictransitrevolution427) on "Why Can't India Compete with China? @visualeconomiken" video.
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I am not entirely optimistic about India, due to cultural issues (particularly around womans treatment and corruption), the service based economy, the migration outflow, and the issie of theft.
But, I do think renewables could be a big turning point. India has 8 months a year of entirely cloudless sky, which makes solar far more dependable. The more cloudy monsoon season, on the other hand, brings enormous rains to fill hydro reservoirs and strong consistent wind. And back in the sunny season, wind is largely generated in the evening, so wind build for the Monsson season reduces peaking in the evening of the rest of the year. But maybe most important, India has the worlds largest mountains, which offers enormous cheap pumped hydro storage to save solar energy for night and for weeks of reserves, particularly given how much of the country lives in the Ganges valley in close proximity to both the mountains and Punjab. All of that is to say, of all countries, I believe Indias geography may be the best to access cheap renewables. And this is a huge boon to a country alost entirely dependent on coal and oil imports.
At the same time, India has policy in place that appears to be bearing fruit to build Solar and Wind manufacturing domestically. India has an enormous deficit of manufacturing, and if successful this could lay the groundwork for much a larger scale manufacturing industry to be built. The US has also backed this, aiming to replace Chinese solar imports with Indian (alongside domestic).
Also, India has significant water security issues. So Solar that allows reservoirs to stay full longer, and placed as floating panels on reservoirs or above canals (as is in work) to reduce evaporation can help strech that water. And given India's broken electrical system, distributed solar has already been a success in spreading access to electricity.
The trick may be keeping people from stealing.
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