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Market Drivers and Challenges
Worldwide electricity consumption is increasing 2.4% annually, with Asia increasing by 3.7%. However, there are still 1.6 billion people in the world without electricity, and this could reach 2 billion by 2020. For decades, there has been heated discussion about the cheapest, most efficient and safest way of producing electricity. In the wake of blackouts, there is also growing concern about transmission and distribution. Infrastructure reliability and grid interconnectability are now seen as the keys to a sustainable supply of electrical power.
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