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Gasification is a centuries-old thermochemical energy conversion technology that has slowly achieved modernity over the decades. The technology is undergoing its third evolutionary surge. Fuel shortages in WWII spurred widespread adoption for vehicle fuels. The oil crisis 1973 spurred a re-evaluation and renewed development. Rising oil prices, globally increasing fuel demand, and overwhelming scientific evidence of climate change have spurred this last leg to full industrialization.

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In Latin America, the dynamic trend in energy consumption observed in 2010 (+5.1%) stopped in 2011 (+0.8%), following the sharp slowdown in Brazilian energy consumption (+1.4%, from +10% in 2010). Primary energy increased by 2% (+20 Mtoe, of which +16 Mtoe in Colombia, where crude oil production grew by 18%). In 2011, the energy intensity of the GDP dropped by 3.7% (30% below the world average).

US demand for electric transmission and distribution (T&D) equipment is forecast to climb 4.8 percent annually to $30.4 billion in 2017, accelerating from the 2007-2012 period, when product sales in every major market for these products slowed.

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