The energy market is changing dramatically in ways that play to our nation’s strengths. However, taking full advantage of this new market reality means that we must make the right infrastructure investments. That means additional transmission and distribution infrastructure, smart grid technology, robust security and resilience measures, and policies that foster more U.S. production of key energy technology components.
If we do not go all in and really grab this opportunity, our country could lose out big time. China has been investing tons of money and working overtime to corner the market on new energy technology and on the products that drive its expansion in the marketplace.
The United States must meet these challenges head on, or else the lion’s share of this new economic driver, and the jobs that go with it, will be overseas.