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DER Task Force

#49 The Queen of Power Markets, Lynne Kiesling

Feb 27, 2024
Economist Lynne Kiesling explores decentralized coordination and libertarianism in power markets, discusses projects involving thermostat automation and water heater chip engineering, delves into technological determinism's impact on power markets' evolution, navigates optimism and challenges in the energy sector, and explores historical development and regulation of the electric utility industry.
01:23:07

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Podcast summary created with Snipd AI

Quick takeaways

  • Centralized planning in electrical grids needs flexibility to allow for innovation and adaptability.
  • Differentiated services in the power sector challenge the notion of electricity as a commodity.

Deep dives

Centralized Planning in a Complex System

The debate around centralized planning in a complex system like the electrical grid revolves around whether it can lead to innovation or create hurdles. Centralized planning, if not flexible, may foreclose opportunities for organic growth and innovation due to overly rigid structures restricting adaptability.

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