nakedempire


The American Empire in a Changing World



Pages

Wednesday, November 7, 2012

''World needs $700 billion in power grid upgrades''

From Reuters


''The world's 16 largest power grids need to invest $700 billion over the next 10 years to cope with a rising share of renewable energy in mature economies and with soaring demand in emerging nations, French power grid RTE said.

The 16 grids, which transport 70 percent of the world's electricity demand, expect global demand to jump 50 percent by 2022, when renewable energy will equal the capacity of 250 medium-sized nuclear reactors.''

read more 

No comments:

Post a Comment