Raising Global Energy Ambitions: The 1,000 kWh Modern Energy Minimum
Energy is fundamental to modern living and any competitive prosperous economy. SDG7 calls for modern energy for all,…
Meeting the energy needs of emerging economies requires additional metrics more closely aligned with job creation and economic growth.
Basic household electricity access is the dominant metric for tracking progress against global energy poverty — but actually means very little in terms of what drives opportunity and economic prosperity.
Household access to basic electricity is an important first step. But it’s not the same as the energy needed for job creation and inclusive economic growth. We need new indicators (and better data) that raise ambitions, prioritize policies and investment, and track progress toward building the high-energy systems all modern economies require.
We aim to broaden energy progress indicators from initial household access to also cover cost, reliability, and energy for industry, commerce, and other productive uses. We push for solutions at scale that align with countries’ own development ambitions. The Hub has developed two new metrics to do this: The Modern Energy Minimum as a new consumption target and the Reliability-Adjusted Cost of Electricity (RACE) to reflect what firms care about most.
To defeat energy poverty, we need energy metrics aligned with economic growth.
Dayal, Senior Vice President of Power & Climate and The Global Energy Alliance for People and Planet at…
Todd Moss gives a presentation on the Modern Energy Minimum at the G20 Webinar Series “Achieving Global Energy…
The divergent fates of two community mini-grids in Nigeria illustrate why energy systems should be built to enable…
In this thirteenth interview of the “17 Rooms” podcast, Todd Moss discusses new “measurable metrics” to reframe SDG7…
Power for All’s Podcast Host William Brent speaks with Todd Moss on the recent launch of a new…
Economists at the World Bank recently wrote that “poverty does not end when a household crosses the US$1.90…
It’s easy to feel daunted by the overlapping (and overwhelming) challenges of simultaneously ending energy poverty and tackling…
Originally appeared in a post on the Rockefeller Foundation’s website, February 16, 2021. The world will not end…