Global Power Consumption Growth to be Dominated by Asia and New Technologies
We expect that the Asia region will see its share of global power consumption rise most significantly from 52.5% over 2021 to 56.7% by 2030, with growth led by its many vast emerging economies. We highlight that China, India, and Indonesia will all see a dramatic rise in electricity demand from a combination of strong demographic and macroeconomic fundamentals as well as rapidly developing industrial activity.
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