How Market Power Gives Electric Utilities Political Power

Credit to Author: John Farrell| Date: Mon, 18 Nov 2019 19:05:01 +0000

In the pathway to 100% renewable energy lie electric utilities. Since the time of electrification until the 1990s, every electric utility was a monopoly — it owned everything to deliver electricity from the power plants (and sometimes even the coal mines) to the transmission lines to the substations to the distribution lines to the meter on your home or business. With a market monopoly, utilities have enormous political power to promote or avoid change

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