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Mapped: The 1.2 Billion People Without Access to Electricity

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Access to Electricity Map

For anyone reading this article, the benefits of electricity need not be explained.

Access to electricity is now an afterthought in most parts of the world, so it may come as a surprise to learn that 16% of the world’s population — an estimated 1.2 billion people — are still living without this basic necessity. Lack of access to electricity, or “energy poverty”, is the ultimate economic hindrance as it prevents people from participating in the modern economy.

Where are people still living in the dark, and how are these energy challenges being addressed? Let’s dive in.

Where the Grid Reaches, and Beyond

At this point in time, a majority of countries have 100% electricity access rates, and many more have rates above 95%. This includes most of the world’s high-population countries, such as China, Brazil, and the United States.

India is fast approaching that benchmark for access. The massive country has made great strides in a short amount of time, jumping from a 70% to 93% access rate in a single decade.

Meanwhile, North Korea is an obvious outlier in East Asia. The Hermit Kingdom’s lack of electrification isn’t just conspicuous in the data — it’s even visible from space. The border between the two Koreas is clearly visible where the dark expanse of North Korea runs up against the glow of South Korea’s urban areas.

It’s been estimated that more than half of North Korea’s people are living in energy poverty.

Africa’s Access to Electricity

In 1995, a mere 20% of sub-Saharan Africa’s population had access to power. While today’s figure is above 40%, that still means roughly 600 million people in the region are living without access to electricity.

Not surprisingly, energy poverty disproportionately impacts rural Africans. Nearly all of the countries with the lowest levels of electricity access have rural-majority populations:

Global RankCountryElectricity AccessRural Population
#197🇧🇮 Burundi9%87%
#196🇹🇩 Chad11%77%
#195🇲🇼 Malawi13%83%
#194🇨🇩 D.R.C.19%56%
#193🇳🇪 Niger20%84%
#192🇱🇷 Liberia21%49%
#191🇺🇬 Uganda22%77%
#190🇸🇱 Sierra Leone23%58%
#189🇲🇬 Madagascar24%63%
#188🇧🇫 Burkina Faso25%71%

Nonexistent and unreliable electricity isn’t just an issue confined to rural Africa. Even Nigeria — Africa’s largest economy — has an electrification rate of just 54%.

Where there is an electrical grid, instability is also causing problems. A recent survey found that a majority of Nigerian tech firms face 30 or more power outages per month, and more than half ranked electricity as a “major” or “severe” constraint to doing business.

This is pattern that is repeated in a number of countries in Africa:

reliability of electricity africa

Mini-Grids, Big Impact

It has taken an average of 25 years for countries to move from 20% to 80% access, so history suggests that it may be a number of years before sub-Saharan Africa fully catches up with other parts of the world. That said, Vietnam was able to close that gap in only nine years.

Traditional utility companies continue to make inroads in the region, but it might be a smaller-scale solution that brings electricity to people in harder-to-reach rural villages.

Between 2009 and 2015, solar PV module prices fell by 80%, ushering in a new era of affordability. Solar powered mini-grids don’t just have the potential to bring electricity to new markets, it can also replace the diesel-powered generators commonly used in Africa.

For the 600 million people in sub-Saharan Africa who are still unable to fully participate in the modern world, these innovations can’t come soon enough.

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Energy

Visualized: The Growth of Clean Energy Stocks

Visual Capitalist partnered with EnergyX to analyze five major clean energy stocks and explore the factors driving this growth.

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The teaser image shows the growth of clean energy stocks and hints at their cumulative five-year returns.

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The following content is sponsored by EnergyX

The Growth of Clean Energy Stocks

Over the last few years, energy investment trends have shifted from fossil fuels to renewable and sustainable energy sources. Long-term energy investors now see significant returns from clean energy stocks, especially compared to those invested in fossil fuels alone.

For this graphic, Visual Capitalist has collaborated with EnergyX to examine the rise of clean energy stocks and gain a deeper understanding of the factors driving this growth.

Sustainable Energy Stock Performance

In 2023, the IEA reported that 62% of all energy investment went toward sustainable sources. As the world embraces sustainable energy and technologies like EVs, it’s no surprise that clean energy companies provide solid returns for their investors over long periods. 

Taking the top-five clean energy stocks by market cap (as of April 2024) and charting their five-year cumulative returns, it is clear that investments in clean energy are growing:

CompanyPrice: 01/04/2019Price: 12/29/20245-Year-Return %
First Solar, Inc.$46.32$172.28272%
Enphase Energy, Inc.$5.08$132.142,501%
Consolidated Edison, Inc.$76.55$90.9719%
NextEra Energy, Inc.$43.13$60.7441%
Brookfield Renewable Partners$14.78$26.2878%
promotional graphic with a button and wheel that promotes the EnergyX investment site

But how does this compare to the performance of fossil fuel stocks? 

When comparing the performance of the S&P Global Oil Index and the S&P Clean Energy Index between 2019 and 2023, we see that the former returned 15%, whereas the latter returned an impressive 41%. This trend demonstrates the potential for clean energy stocks to yield significant returns on an industry level, sparking optimism and excitement for potential investors. 

A Shift In Returns

With global investment trends moving away from traditional, non-sustainable sources, the companies that could shape the energy transition provide investors with alternative opportunities and avenues for growth. 

One such company is EnergyX. The lithium technology company has patented a groundbreaking technology that can improve lithium extraction rates by an incredible 300%, and its stock price has grown tenfold since its first offering in 2021.

promotional graphic that promotes the EnergyX investment site

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