... Peru 1,091, 540 12,615 Europe 1,158,029 48 6,819 Africa 1,590,828 64, 043 Oceania 206,366 42 ,637 World total 14, 227,785 2,769, 344 Electricity Infrastructures in the Global Marketplace7 0Magnetic ... Peru 1,091, 540 12,615 Europe 1,158,029 48 6,819 Africa 1,590,828 64, 043 Oceania 206,366 42 ,637 World total 14, 227,785 2,769, 344 Electricity Infrastructures in the Global Marketplace8 2 ... minimize the losses in storage, which principally arise because of the hydraulic losses in the conduit system. The difference between the “value” of the energy during the pumping cycle and the...