Electricity demand to grow to 2030, while 2 500 GW of projects are stalled

Global power demand is set to grow by 3.6% a year on average over the rest of this decade, with electricity generation from renewables, natural gas and nuclear all expanding to keep pace, says international organisation the International Energy Agency (IEA). Yearly demand growth over the next five years is set to be 50% higher on average compared with the average across the previous decade. This is the first time in three decades, excluding periods of crisis‑related disruption, that global electricity demand has outpaced economic growth in what is set to become a broader trend in the coming years.
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Cape Town goes private to boost electricity and water supply

Cape Town will call for tenders to implement several major projects that aim at cutting electricity costs and bolstering water security in South Africa’s second-biggest city and main tourist hub. The municipality will this month begin the process of engaging an electricity trading company to provide it with additional power, Mayor Geordin Hill-Lewis said. Later in the year, it will ask private companies to bid on multibillion-rand desalination and water re-usage plants, he added.
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