January 22, 2002
Electricity Goes to Market
Electricity Goes to Market
There’s an even more fundamental obstacle to realizing the promise of deregulation: the technology itself. Nearly everything in the current power system—from the generating plants and the transmission grid that distributes electricity throughout the country to the devices that run on that power and the meters that keep track of power usage—is designed for use in a centralized system of regulated, monopolistic utilities.
Posted by rshah at January 22, 2002 12:00 PM