China is building the power grid of the future. Meanwhile, America lags, slowed by regulations and permitting delays. Without a modern power grid, the U.S. risks falling behind China in a race that will define the next century of technological and economic growth.
Over the past decade, Beijing has aggressively expanded its energy capacity at a pace Washington has struggled to match. Over the last few years, China has added more than 11 times the generating capacity of the U.S. It has outpaced the U.S. in generating electricity for more than 14 consecutive years and is on track to add 60 percent additional capacity by 2040. […]
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