▲ | two_handfuls 3 days ago | |
Privatizing electricity in California resulted in massive underinvestment and forest fires as a result of poor maintenance. Privatization only saves money if you ignore the price paid by surrounding communities. I would not like to see a fully private nuclear plant. | ||
▲ | AtlasBarfed 3 days ago | parent | next [-] | |
Privatization of electricity hands a company a monopoly | ||
▲ | ViewTrick1002 2 days ago | parent | prev [-] | |
Depends on how you do it. The electrical supply and demand markets can be privatized and that works quite well with few ancillary services needed. Privatizing the grid is a shit show since it is a natural monopoly. |