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> You can just split infrastructure into a separate company which does not sell power itself. The largest energy conglomerate in the US is basically that. The
by 0xbadcafebee 3y ago
> You can just split infrastructure into a separate company which does not sell power itself.
The largest energy conglomerate in the US is basically that. The distribution and generation companies are 50 feet from each other because they used to be the same company. (They might work out of the same building too, I forget) But of course the state doesn't own the infrastructure (hey, this is the USA!).
The history of our energy market is like that of 10 countries combined. Texas by itself is a weird case study, as deregulating its market (Texas has its own power grid, because... Texas...) shot prices seven times higher, though they eventually stabilized again. Deregulation by itself isn't going to fix things, but more public ownership probably would, as the incentives would be towards stability, safety and stable prices, combined with increased funding toward sustainable energy.