clarionbell
Joined 4 years ago
Joined 4 years ago
Today is not the day. Especially not regarding the verification.
Europe tried doing that. And our green technology sector promptly collapsed, because it couldn't compete with Chinese undercutting our prices. The only thing left now are wind turbines, but Chinese are making inroads there too. In the meantime, the green transition barely moved a needle when energy shock arrived in 2022 or this year. Rendering rest of our industry, especially chemical industry, uncompetitive.
Furthermore, switching from one provider to another is inherently difficult. There is only one set of pipes leading to your house, how you going to switch to an alternative? Who is going to build the line for the 1 new customer?
And finally, splitting the business across the vertical doesn't work either. Generation of power is tied to grid management, this is tied to transmission maintenance and expansion.
All things considered. Monopoly emerges naturally and rent seeking is pretty much given. There are only two options left. Either the utility is operated by government for common good, or it the monopolist is so heavily regulated and controlled by the government, that it is, in effect, its extension.
In practical terms, you would most probably get nothing, because situation like this would lead to complete grid breakdown and interruption of service.