Rising power prices create problems for US policymakers and the industry

Markets respond to price signals provided they aren't too heavily constrained by government regulation. "Hitachi announced planned investments of more than US$1 billion in the US, including US$457 million for a new large power transformer factory in Virginia. ...Mitsubishi Heavy Industries was reported to be prepared to double its production capacity for gas turbines."

Regulation is very slow to respond to price signals however. That's why "Consumer Regulated Electricity" (CRE) is state policy designed to minimize the need for regulation. The current electricity market needs more speed and independence, not more regulatory guidance or studies.

https://www.woodmac.com/blogs/energy-pulse/rising-power-prices-create-problems-us-policymakers-and-industry/

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