Remember back when everybody hated electricity deregulation?
Remember back when everybody hated electricity deregulation? / James Bushnell, EU energy policy blog, 8/10/2014
A brief post concerning electricity restructuring that looks back over the last 20 years. Around that time I started giving a talk titled “If electricity restructuring is so great, why does everybody hate it?” Back then, several states like Illinois and Maryland were actively pursuing options to “re-regulate” markets that they had at least partially restructured.
The New York Times ran a series of articles that pointed to studies showing that rates had increased more rapidly in states that had restructured compared to those that did not. The gist of my talk was that this could very well be true, but did not necessarily signal that restructuring was a failure…