
#361 | Emmet Penney: Roadblocks to a Nuclear Renaissance, the Broken Energy Grid, and the Decarbonization Challenge
The Realignment
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The Importance of Markets for Power
The utility framework is based on a system that dates back to the like Anglo-Saxon middle ages. The idea, there's a book called Markets for Power written by Paul Jaskow and something Schmollancy from MIT Press in the early 80s. A similar thing is happening in natural gas with Enron being a really big spearhead of that. And then once we get into the 90s, when it starts to feel like we might actually be able to form these spot markets, Enron comes into the fore again.
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