China Unveils Proposal for $50 Trillion Global Electricity Network

The State Grid Corporation of China envisions a future "global village" of efficient transmission lines to tap and distribute electricity from giant solar farms around the equator and wind stations in the Arctic, according to its website. Energy transmission technology "has matured and clean energy is becoming more economical, so the conditions for building global power interconnection already exist," Liu said in a statement on the company's website.

http://www.nbcnews.com/business/energy/china-unveils-proposal-50-trillion-global-electricity-network-n548376