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

Posted on May 10, 2014 • Filed under: Latin America News

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

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