It's generally believed that the direction of electric current is merely a matter of convention and that there is no specific significance to the direction of electron flow in a metal conducting wire. However, in cross-country overhead power cables, the energy is all flowing in one direction, from the power station to the users. This is despite the belief that, being AC, the electrons are swishing cyclically to-and-fro. In laboratory electric circuits, the direction of the actual energy flow is seldom, if ever, significant, but it becomes significant when electric energy is being transmitted across long distances. The conclusion is that there must be an undercurrent involved, more fundamental than the flow of ions, which has an absolute direction and which doesn't reverse in an AC circuit.