350 Million People Affected by Global Power Outages: Report

350 Million People Affected by Global Power Outages: Report
High voltage transmission towers in Houston, Texas, on Feb. 21, 2021. Justin Sullivan/Getty Images
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Significant power outages in 2021 affected around 350 million people, or 4 percent of the world’s population, according to a new study.

In a report titled “Are We Entering an Age of Increasing Power Supply Disruptions?” IHS Markit said that extreme weather events and energy transition trends eroded reliability and disrupted some of the world’s largest power supplies, including in the United States and China.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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