The future of the electric grid and its regulation: Some considerations
2018
Abstract A review of the modern economics of platforms suggests that the traditional single-market economics may not apply to the industry going forward. The authors suggest a framework for conceptualizing the changes in the industry and urge regulatory reform, both in its framework—such as moving toward incentive- or outcome-based regulation—and in its application, most notably in pricing reforms and new rules for pricing future services.
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