The AI Boom Is Looking More and More Fragile
How can RTOs and utilities develop accurate forecasts for the rapid load growth? They can't. Forecasts are guesses, no more and no less. If private parties make investments based on inaccurate forecasts, they risk losing their money. If RTOs and utilities make investments based on inaccurate forecasts, their ratepayers (people like you and me) risk losing our money because they (we) are typically forced to pay for those investments. How then should we move forward in the face of great uncertainty?
"Consumer Regulated Electricity" (CRE) would enable the building of new, independent, and competitive utilities to focus on the rapid load growth. CRE utilities would use private investments, the kind that embrace risk. If those investments are based on inaccurate forecasts, the investors risk losing money, not captive ratepayers.
