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Any rational country would just nationalize the electric utilities, as they constitute a natural monopoly and as such there's no real competition. Eliminating

Any rational country would just nationalize the electric utilities, as they constitute a natural monopoly and as such there's no real competition. Eliminating the rentier investor class the system makes a lot of sense in this case, as all they're doing is running off with profits that would be better invested in infrastructure (including cybersecurity). This particular rule will most likely be gamed to increase rates while providing no improvement in security, with a compliant FERC nodding along under the current system of corporate regulatory capture of government.

htag 3y ago
Electrification happened ~100 years ago. In 100 years it seems likely a combination of photovoltaic and storage will have rendered the grid largely moot. The electric utilities might be a natural monopoly today, but moving to nationalize it is addressing yesterday's concerns. If we're spending political capital to nationalize natural monopolies the electric utilities would be very far down my list of priorities.