The number of people without access to electricity fell below one billion in 2017. This is great news – and not just for those gaining better opportunities for basic supply, education, healthcare and economic development.
It’s also good news for the global economy. In order for the world’s remaining underdeveloped regions to participate in the global marketplace, universal access to modern forms of energy is essential. The big question is how these regions will develop the necessary capacities. In the increasingly globalized energy value chain, they may play a unique and significant role.
