By Christopher Guérin, Chief Executive Officer of Nexans
Despite living in the 21st century, the world’s electrical grid is far from modern. The upgrade of the current electrical infrastructure coupled with increasing demand for electricity will create the largest energy crisis since the 1970s. Additionally, population growth and the need for more sustainable energy sources will increase the global demand for electricity. According to the UN, the world population is expected to swell 20% by 2030 and areas in Africa and Asia could see an increase of 80% in the population. That population growth will increase the global energy demand by 20% in the same time frame (Nexans: Electrify the Future, 2020 Integrated Report).
