Bloomberg:China Assn.says Energy interconnection to benefit 1.06b people

The interconnection will bring power to 1.06b population around the world who currently have no electricity access by 2050, Liu Zhenya, chairman of Global Energy Interconnection Development and Cooperation Organization, an industry group backed by State Grid Corp., says at conference in Beijing.

Global average electricity cost will fall by 2.8 U.S. cents/kWh, reducing electricity bill by $1.8 trillion: Liu