As we move further into the 21st century, it’s clear that we are entering a period of resource depletion. The cause this time has less to do with geopolitics than a lack of the raw materials needed to generate energy in its various forms, especially fossil fuels. Countries like China and India that used relatively little fossil fuel throughout the 20th century now depend on it to drive their newfound prosperity. Developed economies like the United States and Europe, which benefited from a seemingly endless supply of energy in the last century, are now faced by its growing scarcity and are looking for ways to insure their economies against it. One promising solution lies in micro-grid technology.
Read the full article on Forbes' CIO Network blog.