Tag Archives: Electricity

Electricity’s Un-Natural Monopoly

Electricity’s Un-Natural Monopoly
The 21st century electricity system is radically different. The scale of electricity generation is rapidly shrinking, from coal and nuclear power plants that can power a million homes to solar and wind power plants that power a few to a few hundred nearby homes. Electricity demand has leveled off, so that every ... Read more

Enron-Style Price Gouging Is Making a Comeback

Enron-Style Price Gouging Is Making a Comeback
The price of electricity would soar under the latest scheme by Wall Street financial engineers to game the electricity markets. If regulators side with Wall Street — and indications are that they will — expect the cost of electricity to rise from Maine to California as others duplicate this scheme ... Read more