Rooftops of solar powered houses are pictured in Ota, 80 km northwest of Tokyo October 28, 2008. Ota is testimony to the allure of renewable energy to the energy conscious in resource-poor Japan, but also its high cost to the debt-saddled nation. Picture taken October 28, 2008. REUTERS/Yuriko Nakao (JAPAN)
The Electricity Revolution
November 8, 2013,
Charles Ebinger and John P. Banks write that the oil and gas boom in the United States is overshadowing another revolution in electricity. Changes are occurring that will alter dramatically the fundamental structure and operations of this century-old industry, Ebinger and Banks argue, and electricity will play a greater role in the national economy and energy sector with attendant effects on national security.