(no title)
wronex | 7 months ago
Here in Sweden the grids was built by taxpayers and then sold off to a private company for maintenance and operation. That went as well as you can expect. Future development and growth is basically impossible as the private company has zero incentive or interest in laying new wire or upgrading old.
stephen_g|7 months ago
This kind of profiteering by intentionally constraining supply when there was very high demand was literally something Enron became infamous for, but it still happens all around the world.
Of course, on the transmission and distribution side you can’t even try to have a market and there is always a natural monopoly, it’d just be impossible for anyone to overbuild a new grid in any service area. So turning a state-owned natural monopoly into a private one tends to turn out just as badly as anyone could expect…
tonyedgecombe|7 months ago
All of a sudden that has changed (thanks to demand from EV’s, heat pumps and AI).
It’s going to take a while to turn the ship around.
athoneycutt|7 months ago
stop50|7 months ago
ashoeafoot|7 months ago