Let’s go Loons!

If you want to understand power/energy markets, start with the Federal Power Act. Eventuality it will be less relevant but it’s challenging to see the evolution of the grid if you don’t know how it got there.

#[0] where’s your lighting link? I want to send some sats to test

The electric power grid (US at least) has so much opportunity because decentralizing technologies are breaking centralized structures, creating competition where before there was none, for the essential service of modern society. Like Nostr to communication, bitcoin to money, distributed generation (mainly photovoltaics + storage) is to electricity. Though regulators are quick to point out regulated markets have faired better over last 20 years than deregulated markets prices to resist change, the opportunity ahead in regulated markets will only funnel those benefits to the centralized monopoly shareholders being regulated, not the ratepayers (citizens). Regulated markets should embrace competition or if they can’t reduce the scope of the regulated areas. The opportunity ahead are clear and should be shared. Deregulated markets will prove that at scale renewables will cause wholesale prices to trend towards their opex cost, which will be equipment maintenance, or almost nothing. By then it will be too late for regulated markets to remove the monopoly grip of the obvious benefits.