Celebrating Change in the Way We Regulate the Power Utilities
Good news from the State of New York. These people appear to be in the process of addressing an issue that’s absolutely crucial to a migration to renewable energy; they’re contemplating a wholesale rethinking of the way they regulate their power utilities. The heavy-weights back in the Empire State recognize that the instructions they provided Con Ed and the others a century ago are no longer valid in a world of distributed generation, energy storage, smart-grid, electric transportation, etc.
If these folks can successfully re-architect the way their utilities work, and if the rest of the U.S. can use this as a template in the other 49 states, this will indeed be cause for celebration.