This plot shows that every time electricity supply doubles, GDP goes up by about 80% (the power law exponent is 0.85).
Starting from the left on the plot, a couple of solar modules per household is enough to double power.
Many poor regions are rapidly deploying solar and batteries - it's cheap and doesn't need the government building grid.
So many people have good things coming soon: Light, phone charging, fans. Later on: Fridges, tv, no-smoke cooking, air conditioning.
#shareGoodNewsToo
All forms of energy are not equal. Only electricity has such a tight correlation with per-capita income.
With rich countries struggling to build enough electricity supply, an exclusive Bloomberg Economics analysis shows it's starting to affect their growth. 🎁🔗 https://www.bloomberg.com/news/features/2025-12-15/electricity-is-holding-back-growth-across-the-global-economy?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2NTc4NzAzNiwiZXhwIjoxNzY2MzkxODM2LCJhcnRpY2xlSWQiOiJUN0FXTENLR0NURkwwMCIsImJjb25uZWN0SWQiOiIwQzg4NkY0NTI0NzY0RUE0OEY2QTk4RTk1NDc5RTI2NSJ9.q5yhQV_oAUCiITrNgAT6K4bUdrWco84WTpMgMvD--iE
