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To become prosperous and globally competitive, emerging economies require reliable, affordable, and abundant energy for industry and households
Energy is essential for economic growth and the basis of modern lifestyles, yet more than a billion people worldwide live without access to electricity. For millions who may have some access, power is too unreliable or expensive to achieve real prosperity. Boosting generation and expanding access are top priorities for African governments and their partners, including through the US Power Africa Initiative and the Electrify Africa Act. CGD research seeks to redefine what the world means by “modern energy” and to suggest ways to provide energy at scale for development to flourish.
We’ve been surprised at all the attentionTodd’s new fridge has gotten recently—including comments saying the comparison against African per capita electricity consumption isn’t fair because many of those people don’t have refrigerators. Exactly our point!
At this time of the year, sparkling trees and decorated lawns have taken over. A 2008 study from the US Energy Department’s Energy Information Administration (EIA) found that decorative seasonal lights accounted for 6.6 billion kilowatt hours of electricity consumption every year in the United States. That’s just 0.2% of the country’s total electricity usage, but it could run 14 million refrigerators. It’s also more than the national electricity consumption of many developing countries, such as El Salvador, Ethiopia, Tanzania, Nepal, or Cambodia.
The international community has ambitious goals for responding to climate change and increasing global access to energy services. To date, these agendas have been viewed to be largely complementary. However, policy makers are now facing more explicit interactions between environment, energy, and economic and social development objectives and associated trade-offs.