D area will still be consuming more electricity than the 6.5 billion people in the developing world. Moreover, some 1.4 billion in the developing regions will still lack any access to electricity - only 200 million fewer than today. Outside the OECD area, the Asian economies will experience the highest growth in electricity demand. Demand is projected to grow in India by 4.9% per year and in China by 4.5% per year. In 2030, China will generate as much electricity as the United States (Table 3.3). In the transition economies, demand will grow at 2% per year, as these countries are already large consumers of electricity. Moreover, they have the opportunity to use electricity much more efficiently, particularly in industry. Global electricity use will grow most rapidly in the residential sector, more than doubling between 2003 and 2030. Demand in the services sector will grow by 97%, while industry demand will increase by 86%. Industry will remain the largest final consumer of electricity at the end of the projection period (Figure 3.7). Power generation and supply World electricity generation is projected to rise from 16 742 TWh in 2003 to 31 840 TWh in 2030, growing at an average rate of 2.5% per year. The largest increase will be in China, where output will jump by 3898 TWh in that period, a quarter of the world's projected increase. Coal- and gas-fired generation will provide over three-quarters of the world's incremental demand for electricity between now and 2030 (Figure 3.8). Natural gas and non-hydro renewables - biomass, wind, geothermal, solar, tidal and wave energy - will continue to INFRASTRUCTURE TO 2030: TELECOM, LAND TRANSPORT, WATER AND ELECTRICITY - ISBN 92-64-02398-4 - © OECD 2006 OUTLOOK FOR GLOBAL INVESTMENT IN ELECTRICITY INFRASTRUCTURE Table 3.3. Final electricity consumption by region in the Reference Scenario (TWh) 2003-30 (%) 3 222 8 478 12 537 OECD Europe 1 1663 4 861 OECD North America 1 163 2 849 3 187 4 047 OECD Pacific 1 477 Transition economies 1 070 1 256 1 791 Russia Developing count