Power utilities are built for the 20th century. That’s why they’re flailing in the 21st. (2015)

Source: pdp10

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  1. > The root problem is simple: It’s the way utilities are structured. They are monopoly providers of a whole bundle of electricity services in a given geographic area. But technology has evolved to the point that many of those services could be provided just as reliably, or better, by participants in competitive markets — if there were any such markets. Competitors keep trying to squeeze into the electricity space, and utilities keep using their monopoly power to try to squeeze them back out. That’s what all the fights are about.

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