World Bank expects power consumption in Latin America to more than double by 2030

huffingtonpost.com reported the World Bank expects Latin America’s power consumption to more than double between 2010 and 2030, and estimates that $430 billion of investment will be needed to meet that demand. An even more intimidating perspective comes from a recent World Energy Council report, which concludes that between now and 2050, “even in the best case, the growth of energy supply in [Latin America] will still be insufficient to meet the rising energy demand associated with economic growth.” Read Article