Transforming the Power Sector in Developing Countries

On October 21st, the Atlantic Council’s Global Energy Center launched a new report: ‘Transforming the Power Sector in Developing Countries’ by Dr. Robert F. Ichord, Jr. The panel included perspectives from the US government, the World Bank, and the private industry to discuss solutions for clean, efficient, and sustainable power in the developing world. Panelists discussed the issue of how to bring power to the remaining one billion plus people who live without it, and how to make power reliable at all hours of the day. They concluded that national governments need to make political decisions to invest in their power sectors. Panelists also cited that to overcome political challenges, the private sector, international institutions, and developed countries need to engage and invest in the developing world.

Image: From left to right: Thomas Cunningham, Deputy Director, Global Energy Center, Atlantic Council; Robert F. Ichord, Jr., Nonresident Senior Fellow, Global Energy Center, Atlantic Council; Melanie Nakagawa, Deputy Assistant Secretary for Energy Transformation, US Department of State; Branko Terzic, Nonresident Senior Fellow, Global Energy Center, Atlantic Council; Charles Feinstein, Former Director, Energy and Extractive Global Practice, The World Bank