Uncovering Opportunities: Changing how we think about Energy
If someone asked you to name the top challenge presented by urbanization and our escalating world population, what would you say? One answer could be: the ever-increasing need for energy – which is one of the most basic dilemmas of modern life. But with the right approach, we can turn this challenge into an opportunity. Urbanization: In search of a better life Global population reached 2.5 billion by the 1950s. Today, we’ve hit 7 billion and expect an increase to 10 billion in the second part of this century. What’s more, drawn by the chance for a better, more modern way of living, people continue to move to cities, in both mature and developing economies. In fact, the rate of urbanization has increased from 29% in 1950 up to 49% today, and predictions show it will reach 67% by 2050. This represents a potential of 2.5 billion additional urban dwellers by 2050, a migration never experienced in the history of mankind. And every one of those families will need power in their homes and ...