Robert Borlick writes in Public Utilities Fortnightly that FERC Order 745 is “one of the worst orders FERC has ever produced” – “a time bomb for electricity consumers”. Whoa! I better sharpen my axes. That is a more lethal statement than I would even write, and it isn’t even in the opinion section. It’s a featured article. Let’s take this a step at a time. The Federal Energy Regulatory Commission (FERC) is adorned with the authority to regulate “the sale of electric energy at wholesale in interstate commerce”. As noted in DC Smackdown of FERC, regulation of interstate commerce is…
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The source of this week’s post about the utility of the future is this Utility Dive article about Pacific Gas and Electric’s proposed incentives for electric vehicles. The article made me think of this: liberals think big business is evil and conservatives think big government is evil. Both are right to a large extent. Oooh. In my opinion, libertarians are most correct fearing crony capitalism as the unholy alliance between big government and big business. A primary role of government is to ensure citizens are protected from fraud, embezzlement, collusion, and the seven deadly sins. Hens and little people are…
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