Energy use continues to grow, fuelled by global economic growth, population growth, the improvement in living standards, and growth of the middle class in the developing world. According to the International Energy Agency (IEA): “Rising incomes and an extra 1.7 billion people, mostly added to urban areas in developing economies, (will) push up global energy demand by more than a quarter to 2040.” These trends are here to stay and the world must seek solutions to how to affordably meet the needs of this growing population.
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