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Plugging into Emerging Electricity Markets
Julian Critchlow, Wade Cruse, Rodrigo Rubio and Amit Sinha 2016-04-01
Abstract
As fast-growing markets around the world try to meet the rising demands for electricity in their growing economies, they will require an unprecedented level of capital investment—far beyond what we have seen, or expect
to see, in mature markets.
There are several reasons for this:
• Electricity demand is rising along with economic growth.
• Per-capita consumption of electricity is rising along with consumer wealth, and many customers are connecting to the power grid for the fi rst time.
• The energy and environmental policies of these countries will require much of the new powergenerating capacity to come from renewable sources, which are far more capital-intensive to develop than conventional power-generation technologies.
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