“For about 100 years, electricity has been based on the natural monopoly theory, that we need to heavily regulate the industry. The trouble is that if we tie it down with that many regulations, it’s not going to move quickly, and it’s not going to satisfy new demands very well. …If we allow the supply side to be dynamic, too, I think that opens up all sorts of new avenues where it’s not just that consumers are not hurt; it’s that they will benefit in the long run by having a more dynamic industry. The joke is, if you bring back Thomas Edison, he will probably recognize most of the components of the power grid we still have today. That should never be the case—that’s not the case with cell phones, that’s not the case with any technology that’s fast-moving. The power grid is one of those things that, because it’s been so heavily regulated for so long, we really have not seen the technological changes that I think could and should take place.” “Consumer Regulated Electricity” or CRE targets just that: making the electricity supply side far more dynamic to benefit all. Contact us to learn more or follow us right here on LinkedIn. https://lnkd.in/gi-Uq9xX
Advocates for Consumer Regulated Electricity
公共政策办公室
We can have faster electricity development. Consumer Regulated Electricity is the way.
关于我们
Electricity is trapped in a century old paradigm. It’s heavily regulated and centrally coordinated. So it’s slow to change. Demand for electricity is growing rapidly. So are the consumer requirements. No longer does a single product satisfy all consumers. Many of today’s consumers need faster access to supply and greater options. We need to break the old paradigm. Enter Consumer Regulated Electricity (CRE): New, unregulated suppliers operating outside of the regulated grid will be able to bring the benefits of speed and innovation. CRE suppliers can supply one or bundle several new large loads, regulated only by their customers and their contractual arrangements. Establishing CRE requires new state policy, to allow CRE suppliers to operate without oversight by the state utility regulator. Advocates For Consumer Regulated Electricity is working to make CRE a reality.
- 网站
-
https://www.advocates4cre.org
Advocates for Consumer Regulated Electricity的外部链接
- 所属行业
- 公共政策办公室
- 规模
- 1 人
- 类型
- 非营利机构
动态
-
The bit below sounds just like the electricity sector. If we want lower cost electricity we need to get out from under the regulatory constraints we’ve made for ourselves. That’s just one of the benefits of “Consumer Regulated Electricity”. Contact us to learn more and follow us right here on LinkedIn. “In most states, you can’t build a new hospital without the government’s permission. 35 states (and Washington, D.C.) have what are known as “certificate-of-need” laws — which prevent hospitals from being built without the approval of government planners. In fact, those restrictions even apply to expanding an *existing* hospital. The idea behind the laws was that they’d save money by eliminating redundant services and prevent hospitals from concentrating their services in wealthier neighborhoods. All of which sounds reasonable, except … it didn’t work. In practice, these laws allow existing health care providers to lobby against new competitors. As a result, states with certificate-of-need laws average about 25% fewer hospital beds per capita than states without them. And research has found that they drive up the cost of health care as well.” https://lnkd.in/gqRHdnBF
-
There are many benefits of "Consumer Regulated Electricity" (CRE), but one important benefit is that it creates the opportunity for new, independent utilities and grids to take on some (much?) of the data center load and their unique operational characteristics which may impose risk on the traditional utilities and grids. Contact us to learn more and follow us right here on LinkedIn. https://lnkd.in/gUkdV5-N
-
None of the following is possible in electricity given the way the sector has been structured via decades of legislation and regulation. "...market prices convey as much accurate information as possible when consumers are as free as possible to spend their incomes as they choose, and producers are as free as possible to compete for consumer expenditures. Only insofar as consumers are sovereign– that is, only insofar as individuals as consumers are free to spend their incomes as they choose?and businesses are free to compete as they choose for these expenditures– is there a flow of reliable information to guides businesses, entrepreneurs, investors, and workers to ‘produce’ in ways that are truly productive." It would however be possible if states enable Consumer Regulated Electricity or CRE. Contact us to learn more and follow us right here on LinkedIn. https://lnkd.in/g9Xhc7m3
-
Read big studies for insights and what do you get? The same old, same old. "Consumer Regulated Electricity" or CRE is different and it is bold. CRE would allow the creation of new, independent utilities, utilities that due to the design parameters of CRE could move faster and be more innovative, all while reducing reliability and cost risk for existing ratepayers. CRE could achieve this by focusing on just the large new loads, being fully competitive, avoiding impact on the regulated grids, and thereby avoiding the need for state utility regulation. And every large new load that chooses CRE reduces the stress on the regulated grids. Contact us to learn more and follow us right here on LinkedIn. https://lnkd.in/eH7VtWRW
-
“In freely functioning markets, businesses are continuously regulated by consumer choices and competitor actions. When you have genuine options and the freedom to take your business elsewhere, companies must work hard to earn your dollars by offering fair prices and decent quality. Take grocery shopping as an example. Supermarkets maintain relatively consistent pricing and quality standards not because a government agency inspects every pepper and pear, but because shoppers would simply go elsewhere if produce is overpriced or subpar. This invisible hand of market regulation works remarkably well in industries where competition is allowed to flourish. The paradox is that the less a market is restricted by government, the more tightly it’s regulated by market forces. Conversely, excessive government involvement often weakens the market’s natural regulatory mechanisms.” https://lnkd.in/dZ2nTYsj
-
“Power Play: The Good, the Bad, and the Costly of Energy ?? Energy policy impacts your wallet & the power grid! Hosted by Ryan Norris of @AFPArkansas, with experts Amy Cooke & Glen Lyons, we break down policies shaping America’s energy future.” Contact us to learn more and follow us right here on LinkedIn. https://lnkd.in/gN4nUUfR
-
"Instead of providing more economic certainty for the monopoly utilities, focus on creating economic opportunity for all. I urge the House to consider CRE and other alternatives before considering SB 4." Contact us to learn more and follow us right here on LinkedIn. https://lnkd.in/gEsKBK9z
-
Missouri House Members: Instead of providing more economic certainty for the monopoly utilities, focus on creating economic opportunity for all.??I urge the House to consider "Consumer Regulated Electricity" (CRE) and other alternatives before considering SB 4. CRE would have the state allow investors to create NEW and INDEPENDENT electric utilities using their OWN capital to focus on the data center and other new large businesses.??As CRE has been designed, these new CRE utilities would be able to build new projects much faster and with far greater innovation than is possible today?anywhere.??Speed is vital to success in the data center business.??If Missouri can enable faster development of new electricity supplies, the state would have a tremendous competitive advantage over most other states and, in fact, over most other countries. Contact us to learn more and follow our work right here on LinkedIn. https://lnkd.in/gDd-SMPJ