Power Hour with Alex Epstein

Our precarious electric grid with Meredith Angwin

01.28.2021 - By Alex EpsteinPlay

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On this week’s Power Hour Alex Epstein interviews Meredith Angwin, author of Shorting the Grid, on the precariousness of today’s electric grid.

They discuss:

- Why the so-called competition of today’s electric grid is a myth.

- The strengths and weaknesses of the old regulated monopoly system.

- Why “deregulation” increased costs and regulation.

- How today’s pseudo-competitive RTO (Regional Transmission Organization) works.

- How today’s RTO system devalues reliability.

- How New England’s inability during a cold snap to provide electricity without using massive amounts of oil (and some Russian gas) is a sign of things to come.

- What policies can improve the system.

- What the average person (ratepayer) can do to make a difference.

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