Conclusion

Nepal is going through huge energy crisis and country needs a long-term sustainable solutions. The energy crisis has resulted in increased use of fossil fuel mostly in urban areas. The rural part of the country largely depends upon firewoo

Nepal is going through huge energy crisis and country needs a long-term sustainable solution. The energy crisis has resulted in increased use of fossil fuel mostly in urban areas. The rural part of the country largely depends upon firewood as major source of energy, threatening country’s forest. Access of electricity is mostly limited to urban areas and expansion of national gird is slow due to geographical hardship.

Nepal’s holds huge potential in hydroelectric generation; it can not only fulfill domestic needs but also earn revenue from selling surplus electricity to its neighboring countries. The assessment done on the solar and wind energy potential also indicates possibilities for commercial electricity generation. Solar energy and wind energy are especially suitable for rural and scattered areas where national gird won’t reach in near future. In rural Nepal where biomass is major source of energy, energy efficient cooking stove and biogas has been sustainable solutions.

Nepal’s cities are in the phase of rapid urbanization and there are number of issues brought by this situation such as increased demand in electricity, waste management, water management, increase in use of fossil fuels. Government of Nepal has realized this issue and is taking steps to solve it in sustainable way by collaborating with private and public sector. Government of Nepal has also decided to build large-scale biogas plants in urban areas to reduce dependency in fossil fuels. There is also demand for wastewater treatment facility and skilled human resource to maintain it. Majority of the country’s population is still deprived of safe and clean drinking water. Rainwater harvesting technology is in its initial phase of commercialization, and government is also promoting this technology.

Nepal was affected by major earthquake in 2015 and country is undergoing in reconstruction phase. There are indirect opportunities created from this such as installing rooftop solar panels, installing biogas plants, installing rainwater-harvesting technology, but initial decision should come from the owner of house. Government of Nepal is attracting foreign direct investment in Nepal through its liberal foreign investment policy. Government of Nepal is also giving tax exemption for investors in sectors like hydro, waste to energy, solar energy and wind energy. The environment for opening new business in Nepal is suitable now though the future depends upon the Nepal’s government decision and policymaking process.

d as major source of energy, threatening country’s forest. Access of electricity is mostly limited to urban areas and expansion of national gird is slow due to geographical hardship.

Nepal’s holds huge potential in hydroelectric generation; it can not only fulfill domestic needs but also earn revenue from selling surplus electricity to its neighbouring countries. The assessment done on the solar and wind energy potential also indicates possibilities for commercial electricity generation. Solar energy and wind energy are especially suitable for rural and scattered areas where national gird won’t reach in near future. In rural Nepal where biomass is major source of energy, energy efficient cooking stove and biogas has been sustainable solutions.

Nepal’s cities are in the phase of rapid urbanization and there are number of issues brought by this situation such as increased demand in electricity, waste management, water management, increase in use of fossil fuels. Government of Nepal has realized this issue and is taking steps to solve it in sustainable way by collaborating with private and public sector. Government of Nepal has also decided to build large-scale biogas plants in urban areas to reduce dependency in fossil fuels. There is also demand for wastewater treatment facility and skilled human resource to maintain it. Majority of the country’s population is still deprived of safe and clean drinking water. Rainwater harvesting technology is in its initial phase of commercialization, and government is also promoting this technology.

Nepal was affected by major earthquake in 2015 and country is undergoing in reconstruction phase. There are indirect opportunities created from this such as installing rooftop solar panels, installing biogas plants, installing rainwater-harvesting technology, but initial decision should come from the owner of house. Government of Nepal is attracting foreign direct investment in Nepal through its liberal foreign investment policy. Government of Nepal is also giving tax exemption for investors in sectors like hydro, waste to energy, solar energy and wind energy. The environment for opening new business in Nepal is suitable now though the future depends upon the Nepal’s government decision and policymaking process.

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