Three Conditions Defining 21st Century Healthcare
We have been “healthcare-izing” the electricity sector for years, burdening it with incredible complexity, a tremendous number of rules, disconnecting the vital link between providers and consumers, and forcing a handful of regulators to sort through the political fighting of stakeholders. Complex design cannot solve a complex economic problem.
From the linked piece below about healthcare, these bits perfectly describe the state of electricity as well.
(1) “Traditional strategies built on predictable rules just don't apply. The maps that helped us navigate the system in the past are out of date. And no one’s quite sure what the new map even looks like.”
(2) “In the past, things didn’t change much year-over-year, so straight-line thinking worked. But that’s no longer the case. The pace and unpredictability of change have decoupled strategy from stability. The past no longer reliably signals the future.”
(3) “We’re experiencing runaway acceleration in tech, data, and system demands. It’s not just that more things are happening—it’s that they’re happening faster with less time to respond. But our systems are built for a slower, more deliberate era.”
(4) “The conditions of complexity, uncertainty, and acceleration aren’t trends to manage or problems to solve. They’re our new baseline. And the sooner we stop treating them as temporary disruptions, the sooner we can build systems and leadership models designed to thrive within them.”
“Consumer Regulated Electricity” or CRE is state policy tool that can help deal with the new complexity, uncertainty, and acceleration. By opening the door to the creation of new, independent, competitive, and large-scale utilities and grids, states can unleash speed and innovation not possible in today’s sector. To learn more about CRE send us a message and follow us here on LinkedIn.
https://33charts.substack.com/p/three-conditions-defining-21st-century