The power failure may not be a direct result of power deregulation but the problem with grid's design cannot be fixed by the kind of deregulation proposed by the Power Industry i.e., the Federal Energy Regulatory Commission or FERC.
The kind of deregulation so far in North America changes the ownership of utilities into private hands. The so called bulk power market championed by Enron rested control of the Grid from regional and state power authorities.
Real deregulation would be a very different thing. Think of the current power industry like you would Microsoft and then think of the upstarts: small companies and individuals building solar, micro-turbine, and wind generators and selling the output freely on the grid.
This kind of deregulation would cause power to be generated distributed over the grid such that large infrastructure would not be stressed. This model would spell the end of the bulk power industry with its giant powerplants and enormous transmission facilities.
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The power failure may not be a direct result of power deregulation but the problem with grid's design cannot be fixed by the kind of deregulation proposed by the Power Industry i.e., the Federal Energy Regulatory Commission or FERC. The kind of deregulation so far in North America changes the ownership of utilities into private hands. The so called bulk power market championed by Enron rested control of the Grid from regional and state power authorities. Real deregulation would be a very different thing. Think of the current power industry like you would Microsoft and then think of the upstarts: small companies and individuals building solar, micro-turbine, and wind generators and selling the output freely on the grid. This kind of deregulation would cause power to be generated distributed over the grid such that large infrastructure would not be stressed. This model would spell the end of the bulk power industry with its giant powerplants and enormous transmission facilities.