The North American Blackout and Electricity Policy: Alternatives to Transmission Construction
5 Pages Posted: 21 Apr 2004
It is time to stop regulating the electricity industry as if it were a natural monopoly. Technology has moved on and competition must not be discouraged by regulation. Competition is not only necessary for lower prices to consumers: the particular technological developments that have taken place in recent years mean that competition can diversify supply sources and contribute to increased security of supply.
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