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 discovered that extreme weather events and energy transition trends eroded reliability and disrupted some of the world’s largest power supplies, including the United States and China. The global analytics, information, and solutions firm also highlighted that these developments added pressure to other countries enduring existing issues, such as Pakistan and Sri Lanka. Climate-related changes in weather patterns and poorly managed energy transitions can present “new challenges” and “exacerbate older ones,” like perpetual under-investment in power generation and grid assets, said Rama Zakaria, associate director of global power and renewables at IHS Markit. “Add to that greater frequency of extreme weather events and the unsynchronized pace of energy transition and it increases the …