Turn Up The Juice

The number crunchers at French consultant Capgemini have been totting up population forecasts, joules and kilowatt hours in its China Electricity Market 2006 study, and come 2020, it turns out the dragon’s going to need more juice. A scale-raising 1,230 gigawatts of power, 29% more than the 950 gigawatts currently planned, to be precise.

Reels of red tape need to be cut before the Chinese market offers optimum opportunities for foreign investors. To wit: An acceleration of deregulation in the region as well as some buddying up between the state-run behemoths and smaller regional players could lead to a critical market size that welcomes new investments and technological innovation, Lewiner concludes.

forbes