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26min chapter
#49 The Queen of Power Markets, Lynne Kiesling
DER Task Force
Historical Development and Regulation of the Electric Utility Industry
The chapter provides a comprehensive overview of the historical development of the electric utility industry pre-1935, discussing the growth, challenges, and consolidation of electric companies. It explores the implications of the Federal Power Act of 1935 on industry regulation and the evolution of power markets, leading to discussions on natural monopolies, microgrids, and distributed energy resources. The conversation delves into parallels between the utility market and companies like Uber, contemplating the potential for unconstrained utility companies to innovate in a non-monopolistic manner.
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