Travis Fisher on Why a Dynamic Electric Grid Is “Essential to Human Flourishing”

“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://www.cato.org/free-society/spring-2025/travis-fisher-why-dynamic-electric-grid-essential-human-flourishing