The future looks dim, literally. Over the next generation, electricity demand threatens to outstrip production capacity; The North and almost all central European nations will have to work against tough odds to meet their targets. Under most 'business as usual' projections, they would need at least US $100 billion per year, but may not be able to muster more than US $20- 25 billion annually. Secondly, most power producing companies are in a firiancial and technical morass. And finally, future electricity projects will have to contend with climate change
issues. Despite improved efficiency and expansion of renewables, fossil fuels will continue to
monopolise the market. In this scenario, the developing countries will have to rethink their power policies.
We are a voice to you; you have been a support to us. Together we build journalism that is independent, credible and fearless. You can further help us by making a donation. This will mean a lot for our ability to bring you news, perspectives and analysis from the ground so that we can make change together.
.png)
Comments are moderated and will be published only after the site moderator’s approval. Please use a genuine email ID and provide your name. Selected comments may also be used in the ‘Letters’ section of the Down To Earth print edition.