Electricity demand projections were over-inflated27 Sep 2024 10:04
It turns out they don't even need that much power anyway.
'This over-projection of energy demand doesn't just skew the technical forecasts, it opens the door to a dangerous cycle of over-investment and potential corruption. When demand is exaggerated, it justifies the need for more power plants, more infrastructure, and more megaprojects—each of which carries hefty price tags. Politically connected businesses stand to profit from the construction of unnecessary infrastructure, siphoning off public funds and international loans under the guise of national development.'