Technological forecasting for power generation—A study using the Delphi technique

Technological forecasting is a powerful technique for obtaining insights into possible futuristic innovations. The forecast can provide a basis for long-range planning and policy formulation in organizations. Technological forecasting, though a useful and powerful tool, has yet to be applied widely in developing countries. This paper outlines a forecasting exercise carried out by the authors using the Delphi technique in India. The focus of the exercise was on electric energy generation and transportation. The findings have been compared with other available studies in India in similar areas. The paper also illustrates how additional information inputs can mould such forecasts. For this purpose, the authors have compared the results of the current study with the results of a similar study carried out in the same organization 8 years earlier. The change in perception regarding the timing of certain items is very evident and the underlying reasons have been given.