How fast is the need for electricity growing?
The World Bank projects that the world electrical generating capacity will increase to 5 million megawatts by the year 2020, up from about 3.18 million in 1999. Vice President Dick Cheney, in his well-known energy policy speech of April 30, 2001, claimed that America must build 1,900 new power plants by 2020. That is one new power plant per week for the next two decades in order to meet projected electricity demands.