In the USA, the history of assuming that the national government will support power to the people the way FDR, PWA, BPA, TVA, ... did has given the national government quite a bit of leverage to keep the states in line. I'm figuring that this auction will be used by the executive branch to buy power at a high price in the auction, then allocate it to areas in need according to a plan approved by the powers that be. If they do a good job, nothing to see here. YMMV.
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