- Category: Asia
02 Aug 2012
- Published on Thursday, 02 August 2012 10:11
- Hits (1069)
The massive blackout in India serves as a wakeup call for investors, businesses and governments to take a closer look at global electrical infrastructure and identify what other regions at risks and what can be done to prevent the same problem happening in their nations.
Countries across Southeast Asia, Africa and the Middle East have been amending regulatory frameworks and policies, embarking on privatization, as they are in serious need of external funding and investment to ensure that their respective energy sectors can matching their rising power demands, according to a study released by intelligence provider Global Information Inc. Research.
Transmission networks in many of these countries are already under tremendous pressure to supply power without interruption with many new transmissions projects underway or in the pipeline.
Rapid industrialization and growing population numbers mean that there is a need for infrastructure systems that will accommodate the surging electricity needs brought by these trends.
The report suggests that governments have to expand electricity market, increase private sector privatization and most especially to heavily invest in increasing installed capacity, while improving its existing infrastructure. – EcoSeed Staff