CEO Lars Jorgensen explains ThorCon motivation and approach to poverty.
World electric power use averages 3000 gigawatts (GW).
The height of each colored block represents the average electric power consumption per capita. The width is proportional to the regional population, so the area represents regional average electric power generated and used. If citizens of developing countries use as much power as Europeans, electricity demand would rise by about 3,318 GW. Plot courtesy of Geoff Russell.
We need over 600 GW of new power plants for 2030 electricity demands.
New and growing demands for electric power require more power plants. A large power plant can deliver one GW. The examples below are based on full-time average power demand to meet just these specific new needs, which add up to over 600 GW. Population growth and economic development will add even more demand.
Connecting a billion poor to power: +100 GW
Connecting one billion powerless people with just 100 watts of power — a tenth of US and EU average electricity use.
Desalination: +62 GW
Desalination of 87 million cubic meters of water per year is growing at 8% annually, demanding 3 kWh per cubic meter.
Electric vehicles: +42 GW
By 2030, 122 million more electric vehicles travel 12,000 miles per year at 4 miles/kWh.
Air conditioning: +100 GW
By 2030 air conditioning demand will be 50% higher than in 2017.
Information technology: +300 GW
Data centers, the internet, and consumer electronics will demand 300 GW more by 2030.
Juice: How electricity explains the world
This new documentary focuses on the global need for electricity.