Power demand in India, China to touch 40% in 2030

The combined share of electricity demand from India, China and Asean is expected to grow from 27.5 per cent in 2010 to 40.1 per cent in 2030. The traditionally developed countries will eventually lose ground in electricity demand to these emerging countries.

That’s not all. According to Frost & Sullivan, the growth of coal-fired generation is expected to fall massively during the subsequent decade, as developed countries decommission capacity and emerging nations become more diversified in their fuel mix.

“Rapid urbanisation and the creation of a middle class will drive electricity consumption in these emerging economies, as a wealthier population takes up electric appliances that are considered standard in the developed world,” the annual global power generation forecasts 2012 by Frost & Sullivan mentioned.

Continue Reading

Share

You may also like...

1 Response

  1. raj says:

    any one who scans demography can easy come to same conclusion not GPS or high tech models required . graying population would change the structure of their economies as graying population will be welfare economy depending upon earning from BRIC countries. ther would be more crisis in developed countries like one is witnessing in Spain and potugal and pressure would be import population rather than earning
    why not intelectual consulting firms are studing afrika in the econmic world . as it could be said that what Brick countries are today afrika will be at the place after 20 years

Leave a Reply

Your email address will not be published. Required fields are marked *


*