July 14, 2014
While developed world demand is weak and likely to grow only slowly, countries in the developing world are desperate for more electricity. Nigeria, for example, with total generation capacity of about 4 gigawatts, will need 55GW in 2030, according to the Center for Global Development, a Washington-based think-tank.
The biggest sources of new demand are likely to be China and India, which have per capita electricity consumption respectively one-third and one 15th that of the US. If per capita consumption in those two countries were to reach US levels, that alone would more than double world electricity use.