The Power Generation Mix: Keeping the lights on in an ESG-focused world

by Nick Hide

Global demand for power is expected to double from 20,000 TWh in 2020 to around 45,000 TWh in 2050, due to population growth, economic development and infrastructure requirements, especially in Asia, Africa and the Middle East.

Concurrently, Environmental, Social and Governance (ESG) policies have become prominent in the financing, construction, operation, regulation and insurance of power generation assets.

Meeting both power and ESG demands is a complex challenge with wide-ranging impacts on regional economic development and living standards. This article provides a brief overview of this
complex relationship.