Not an expert, but if it was a purely deregulated market, wouldn't you expect the cheapest supplier to win? The power grid is a shared medium, and you get a "tr

Not an expert, but if it was a purely deregulated market, wouldn't you expect the cheapest supplier to win? The power grid is a shared medium, and you get a "tragedy of the commons" situation. Everyone profits from a resilient grid, but no single supplier has an incentive pay the cost to stabilize it for everyone else.