Is Monopoly or Competition the Right Approach?
Throughout our economic history monopolies have never been demonstrated to be the preferred economic vehicle for delivering lower prices or bringing new technology solutions to the marketplace. It wasn’t the whale oil industry that brought petroleum to market in the 1860s and locomotive manufacturers did not work on the development of the automobile. I sincerely doubt that electric utilities will be in the forefront of the movement to develop the electric car even though electric vehicles can be viewed as a way to store electricity for use during periods of high demand. Likewise distributed photovoltaic systems have long been recognized as an effective means of reducing peak power demand. Sadly the electric utilities’ typical response to increases in peak demand have been to cite the need for more centralized power stations and new high tension transmission lines to bring in additional power to meet growing peak demand. Are the benefits of re-regulation real? At Standard Solar we have
Related Questions
- Does Canadas approach to mergers strike the right balance between consumers interest in vigorous competition and the creation of an environment from which Canadian firms can grow to become global competitors?
- With the right Performance & Talent Management program in place, you simply outperform the competition. Why does that happen?
- Is Monopoly or Competition the Right Approach?
