.16e, holding laboratory tests, customer field trials and interoperability tests of WiBro equipment in 2006. INFRASTRUCTURE TO 2030: TELECOM, LAND TRANSPORT, WATER AND ELECTRICITY - ISBN 92-64-02398-4 © OECD 2006 2. TELECOMS INFRASTRUCTURE TO 2030 List of Abbreviations Third Generation Mobile Code Division Multiple Access Cognitive Radio Digital Subscriber Line Flash OFDM Flash Orthogonal Frequency Division Multiplexing General Packet Radio Service Global System for Mobile Communications (originally Groupe Spécial Mobile) Internet Protocol Version 6 Integrated Services Digital Network Multiple In Multiple Out Multimedia Messaging Services Mobile Network Operator Public Switched Telephone Network Radio Frequency Identification Short Message Service Universal Mobile Telecommunications System Ultra Wide Band Voice over Internet Protocol W-CDMA Wideband Code-Division Multiple-Access WiBro Wireless Broadband Wireless Fidelity WiMax Worldwide Interoperability for Microwave Access Refers collectively to all types of digital subscriber lines XHTML Extensible HyperText Markup Language INFRASTRUCTURE TO 2030: TELECOM, LAND TRANSPORT, WATER AND ELECTRICITY - ISBN 92-64-02398-4 - © OECD 2006 ISBN 92-64-02398-4 Infrastructure to 2030 Telecom, Land Transport, Water and Electricity © OECD 2006 Chapter 3 Outlook for Global Investment in Electricity Infrastructure Trevor Morgan* International Energy Agency (IEA), Paris, France. INFRASTRUCTURE TO 2030: TELECOM, LAND TRANSPORT, WATER AND ELECTRICITY - ISBN 92-64-02398-4 - © OECD 2006 OUTLOOK FOR GLOBAL INVESTMENT IN ELECTRICITY INFRASTRUCTURE Summary The adequacy, quality and reliability of grid-based electricity supply are of crucial importance to economic development and growth. Large amounts of investment will be needed in the coming decades to meet the increase in demand for both the quantity and quality of electricity services, as well as to maintain and replace existing infrastructure that will be retired. Just how much investment will be needed and how much will actually be 