Subramaniam Vishwanathan Iyer | |
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Vice President and COO, Multilateral Investment Guarantee Agency | |
Former Managing Director,Rio Tinto India | |
Personal details | |
Born | Jabalpur,India | 25 December 1957
Alma mater | Jabalpur University Yale School of Management |
Subramaniam Vishwanathan Iyer,(S. "Vijay" Iyer,born 25 December 1957),is currently the vice president and chief operating officer of the Multilateral Investment Guarantee Agency, [1] the former managing director of Rio Tinto India, [2] and had previously served as Director of Energy and Sustainable Development at the World Bank Group. [3]
Iyer holds an MS in chemistry from Jabalpur University and a Masters in Management from the Yale School of Management.
As managing director of Rio Tinto India,Iyer focused on strengthening the company's position in India and consolidating its operations. [4] He brought a pronounced focus on sustainability and safety,building partnerships with other companies and more broadly within the Indian Mining Industry. [5] As senior vice president of the Federation of Indian Mineral Industries (FIMI) and the chair of its Sustainability Mining Initiative, [6] Iyer promoted sustainability initiatives and efforts aimed at lifting the public perception of mining in the country.
Iyer's primary focus as Energy Director of the World Bank Group was increasing access to clean energy for the poor through collaboration between the public and private sectors, [7] primarily in Sub-Saharan Africa. Notable projects include the Bangladesh Solar Initiative,which provided solar power to over 2 million rural homes which were previously without electricity and lighting. [8] Additionally,Iyer worked to increase electrification for thousands of rural poor in Senegal,Ethiopia,and Tanzania,and also implemented several biomass energy projects [9]
Despite the bank's efforts to increase electrification,Iyer drew criticism from environmental policy advocates in 2014 for asserting that fossil fuels are a viable option to increase electrification for Africa's poor. [10] In response,Iyer maintained that renewable options were cost prohibitive for many regions in Africa that had no access to energy,and that in order for these cost barriers to be removed,the economic growth that results from initial electrification must first be realized.
Prior to joining the World Bank,Iyer served as District collector through the Indian Administrative Service in the city of Indore in Madhya Pradesh,India. During his term as Collector,Iyer worked to enhance government transparency,eliminate corruption in the police force,and restore historic sites in the greater Indore area.
The economy of Guinea is dependent largely on agriculture and other rural activities. Guinea is richly endowed with good minerals,possessing an estimated quarter of the world's proven reserves of bauxite,more than 1.8 billion tonnes of high-grade iron ore,significant diamond and gold deposits,and undetermined quantities of uranium.
The gross domestic product (GDP) of Niger was $16.617 billion US dollars in 2023,according to official data from the World Bank. This data is based largely on internal markets,subsistence agriculture,and the export of raw commodities:foodstuffs to neighbors and raw minerals to world markets. Niger,a landlocked West African nation that straddles the Sahel,has consistently been ranked on the bottom of the Human Development Index,at 0.394 as of 2019. It has a very low per capita income,and ranks among the least developed and most heavily indebted countries in the world,despite having large raw commodities and a relatively stable government and society not currently affected by civil war or terrorism. Economic activity centers on subsistence agriculture,animal husbandry,re-export trade,and export of uranium.
The economy of Madagascar is US$9.769 billion by gross domestic product as of 2020,being a market economy and is supported by an agricultural industry and emerging tourism,textile and mining industries. Malagasy agriculture produces tropical staple crops such as rice and cassava,as well as cash crops such as vanilla and coffee.
Rio Tinto Group is a British-Australian multinational company that is the world's second-largest metals and mining corporation. It was founded in 1873 when a group of investors purchased a mine complex on the Rio Tinto,in Huelva,Spain,from the Spanish government. It has grown through a long series of mergers and acquisitions. Although primarily focused on extraction of minerals,it also has significant operations in refining,particularly the refining of bauxite and iron ore. It has joint head offices in London,England and Melbourne,Australia.
India is the third largest producer of electricity in the world. During the fiscal year (FY) 2022–23,the total electricity generation in the country was 1,844 TWh,of which 1,618 TWh was generated by utilities.
Rural electrification is the process of bringing electrical power to rural and remote areas. Rural communities are suffering from colossal market failures as the national grids fall short of their demand for electricity. As of 2019,770 million people live without access to electricity –10.2% of the global population. Electrification typically begins in cities and towns and gradually extends to rural areas,however,this process often runs into obstacles in developing nations. Expanding the national grid is expensive and countries consistently lack the capital to grow their current infrastructure. Additionally,amortizing capital costs to reduce the unit cost of each hook-up is harder to do in lightly populated areas. If countries are able to overcome these obstacles and reach nationwide electrification,rural communities will be able to reap considerable amounts of economic and social development.
The International Institute for Environment and Development (IIED) is an independent policy research institute whose stated mission is to "build a fairer,more sustainable world,using evidence,action and influence in partnership with others." Its director is Dr Tom Mitchell.
Energy poverty is lack of access to modern energy services. It refers to the situation of large numbers of people in developing countries and some people in developed countries whose well-being is negatively affected by very low consumption of energy,use of dirty or polluting fuels,and excessive time spent collecting fuel to meet basic needs. Today,759 million people lack access to consistent electricity and 2.6 billion people use dangerous and inefficient cooking systems. Energy poverty is distinct from fuel poverty,which primarily focuses solely on the issue of affordability.
The developing nations of Africa are popular locations for the application of renewable energy technology. Currently,many nations already have small-scale solar,wind,and geothermal devices in operation providing energy to urban and rural populations. These types of energy production are especially useful in remote locations because of the excessive cost of transporting electricity from large-scale power plants. The applications of renewable energy technology has the potential to alleviate many of the problems that face Africans every day,especially if done in a sustainable manner that prioritizes human rights.
Vijay Mahajan is the chief executive officer (CEO) of the Rajiv Gandhi Foundation and the director of the Rajiv Gandhi Institute of Contemporary Studies.
Benin is a coastal country located in the Gulf of Guinea in Western Africa,which is a resource rich region. Energy in Benin has a diverse energy mix and takes several forms including:solar,wind,hydropower,biomass,fossil resources,and mineral resources. Out of this energy mix,about 60% of energy comes from biomass. Benin is also dependent on energy imports from Ghana and Côte d'Ivoire. While power plants and other energy facilities were built in the 1950s and 1960s,the lack of investment has led to deterioration over time. Similarly,its location in the Gulf of Guinea has led to an attempt of oil production starting in the late 1980s. However,due to unprofitable operations,oil production halted in 1998.
Husk Power Systems, founded in 2008,is a company based in Fort Collins,Colorado,US,that provides clean energy services to off-grid or weak grid rural communities in East Africa,West Africa and South Asia,primarily by building renewable energy mini-grids/micro-grids. Its original technology generated electricity using a biomass gasifier that created fuel from rice husks,a waste product of rice hullers that separate the husks as chaff from the rice,a staple food in both Asia and Africa. In the mid-2010s,with the rapid decline in the price of solar PV and batteries,Husk pivoted its business model to focus more on solar-plus-storage mini-grids,while continuing to use biomass in combination with solar to serve communities with larger electricity demand. In 2021,Husk Power was recognized in the REN21 Renewables Global Status Report as the first mini-grid company to achieve significant scale,by surpassing 100 solar hybrid community mini-grids,and 5,000 small business customers. In 2022,Husk signed an Energy Compact with the United Nations,in which it set a target of building 5,000 mini-grids and connecting at least 1 million customers by 2030.
Energy use and development in Africa varies widely across the continent,with some African countries exporting energy to neighbors or the global market,while others lack even basic infrastructures or systems to acquire energy. The World Bank has declared 32 of the 48 nations on the continent to be in an energy crisis. Energy development has not kept pace with rising demand in developing regions,placing a large strain on the continent's existing resources over the first decade of the new century. From 2001 to 2005,GDP for over half of the countries in Sub Saharan Africa rose by over 4.5% annually,while generation capacity grew at a rate of 1.2%.
Despite its high potential for wind energy generation,wind power in Kenya currently contributes only about 16 percent of the country's total electrical power. However,its share in energy production is increasing. Kenya Vision 2030 aims to generate 2,036 MW of wind power by 2030. To accomplish this goal,Kenya is developing numerous wind power generation centers and continues to rely on the nation's three major wind farms:the Lake Turkana Wind Power Station,the Kipeto Wind Power Station,and the Ngong Hills Wind Farm. While these wind power stations are beneficial to help offset fossil fuel usage and increase overall energy supply reliability in Kenya,project developments have also negatively impacted some indigenous communities and the parts of the environment surrounding the wind farms.
Most of Kenya's electricity is generated by renewable energy sources. Access to reliable,affordable,and sustainable energy is one of the 17 main goals of the United Nations’Sustainable Development Goals. Development of the energy sector is also critical to help Kenya achieve the goals in Kenya Vision 2030 to become a newly industrializing,middle-income country. With an installed power capacity of 2,819 MW,Kenya currently generates 826 MW hydroelectric power,828 geothermal power,749 MW thermal power,331 MW wind power,and the rest from solar and biomass sources. Kenya is the largest geothermal energy producer in Africa and also has the largest wind farm on the continent. In March 2011,Kenya opened Africa's first carbon exchange to promote investments in renewable energy projects. Kenya has also been selected as a pilot country under the Scaling-Up Renewable Energy Programmes in Low Income Countries Programme to increase deployment of renewable energy solutions in low-income countries. Despite significant strides in renewable energy development,about a quarter of the Kenyan population still lacks access to electricity,necessitating policy changes to diversify the energy generation mix and promote public-private partnerships for financing renewable energy projects.
Ethiopia generates most of its electricity from renewable energy,mainly hydropower.
Concept of smart villages is a global modern approach for off-grid communities. Vision behind this concept is to assist the policy makers,donors and socio-economic planner for rural electrification worldwide.
Nepal is a country enclosed by land,situated between China and India. It has a total area of 147,181 square kilometers and a population of 29.16 million. It has a small economy,with a GDP of $33.66 billion in 2020,amounting to about 1% of South Asia and 0.04% of the World's GDP.
A mini-grid is an aggregation of loads and one or more energy sources operating as a single system providing electric power and possibly heat isolated from a main power grid. A modern mini-grid may include renewable and fossil fuel-based generation,energy storage,and load control. A mini grid can be fully isolated from the main grid or interconnected to it. If it is interconnected to the main grid,it must also be able to isolate (“island”) from the main grid and continue to serve its customers while operating in an island or autonomous mode. Mini-grids are used as a cost-effective solution for electrifying rural communities where a grid connection is challenging in terms of transmission and cost for the end user population density,with mini grids often used to electrify rural communities of a hundred or more households that are 10 km or more from the main grid.
Energy poverty is defined as lacking access to the affordable sustainable energy service. Geographically,it is unevenly distributed in developing and developed countries. In 2019,there were an estimated 770 million people who have no access to electricity,with approximately 95% distributed in Asia and sub-Saharan Africa.