Energy Security Initiative at BROOKINGS Transforming the Electricity Portfolio Lessons from Germany and Japan in Deploying Renewable Energy Charles Ebinger John P. Banks Alisa Schackmann September 2014 Policy Brief 14-03 ABOUT THE BROOKINGS ENERGY SECURITY INITIATIVE he Energy Security Initiative (ESI) is a cross-program effort by the Brookings Institution designed to Tfoster multidisciplinary research and dialogue on all aspects of energy security. ESI recognizes that public and private choices related to energy production and use will shape the global economic, environ- mental, and strategic landscape in profound ways and that achieving a more secure future will therefore require a determined effort to understand the likely consequences of these choices and their implications for sound policymaking. The ESI Policy Brief Series is intended to showcase serious and focused scholar- ship on topical issues in one or more of these broad research areas, with an emphasis on targeted policy recommendations. Contact for the Energy Security Initiative: Jennifer Potvin Project Assistant (202) 797-4389
[email protected] ENERGY SECURITY INITIATIVE TRANSFORMING THE ELECTRICITY PORTFOLIO ii ABOUT THE AUTHORS Charles Ebinger Alisa Schackmann Charles Ebinger is a senior fellow and director of Alisa Schackmann was a senior research assistant the Energy Security Initiative at Brookings. He with the Energy Security Initiative at Brookings. has more than 40 years of experience specializ- With a background covering energy-related in- ing in international and domestic energy markets ternational affairs and climate change negotia- (oil, gas, coal, and nuclear) and the geopolitics of tions from abroad, her research focuses on the energy, and has served as an energy policy advi- impact of U.S.