The World Bank's Access Investment Model (AIM) provides detailed bottom - up estimates of the average annual cost of
reaching universal access to electricity over the period 2010 - 2030.
His remarks covered the need for investment in upstream oil to meet rising demand and offset decline in mature fields, how competitive prices are vital for growth in gas markets, the rapid growth in solar and wind, and prospects for
reaching universal access to electricity, including India's significant achievements over recent years in this respect.
Not exact matches
A key finding is that
universal access to electricity and clean cooking can be
reached without making this task any more challenging.
India's continued emphasis on electrifying households means it is expected
to reach universal electricity access in the early - 2020s, with renewables accounting for about 60 % of those who gain
access.
Although
universal access to electricity remains beyond
reach, since at the current pace there will be an estimated 674 million people still without
electricity in 2030, the number of people gaining
access to power has been accelerating since 2010.
It is now well understood that
universal electricity access by 2030 (a core part of U.N. Sustainable Development Goal 7 - SDG 7) can only be achieved if decentralized renewable energy (DRE)-- green micro-grids and rooftop solar paired with storage and ultra-efficiency appliances — gets adequate finance
to reach scale quickly.