The International Energy Agency’s (IEA) World Energy Outlook, Energy for All (2011) special report examined pathways towards bringing energy to all of the world’s seven billion people. The report describes how modern energy services are crucial to human well-being and economic development, highlighting that 1.3 billion people currently lack access to electricity, before estimating that $1 trillion is needed to provide universal energy access by 2030.
In the ‘Energy Access for All’ scenario, half of the additional on-grid electricity generation needed would come from coal.
However, the IEA’s ‘energy for all’ target is still only equivalent to five hours of electricity a day. It excludes electricity for businesses, industry, hospitals, schools and public buildings.
Today (Wednesday 20 May) is the third day of the United Nations Sustainable Energy for All Forum, which is taking place in New York City.