Flo asks: "Are our power utilities businesses or part of the government?" The answer is pretty murky. How did most power utilities in the US become investor owned, publicly traded companies with no competition? In this episode, Greg and I try to address these questions. We look into the history of power utilities in the U.S. and try to imagine how the current “business model” could be innovated. How we use power has changed a lot since 1882, but the companies and business models that serve us, have not. Today we have all kinds of energy consumers - large and small - depending on the power grid for anything from producing pharmaceutical drugs to powering your home air conditioning. Additionally, customers increasingly want to both consume and produce green energy (solar PV etc). Seems like we need our power grids and the businesses that run them to innovate. But what will incentivize this innovation when they have no competition? Let's discuss.
Creators & Guests
Host
Greg Robinson
Husband. Dad. Working to make basic needs not so basic..
Producer
Flo Lumsden
Audio and Video producer. Owner of #chorusstudios
What is The World Changing Podcast?
Join us as we talk to the skeptics, supporters, and innovators in the fields that depend on electricity to run their industries, which is changing every single day. Hosted by Greg Robinson and Flo Lumsden, an Aston podcast produced by Chorus Studios.