Re:A strong commitment to backwards compatibility means keep...
by pjc50 on Tuesday June 15, 2021 @05:50AM
(#27513075)
Electricity feels like a commodity (although unlike the other commodity markets there's almost no "carry trade", nobody talks about contango power). The electric grid is a utility; on of those things that's either a state monopoly or a state-shielded private-ish company, because there can't be competing electric grids.
Grid equipment itself is manufactured by unglamourous heavy engineering firms like Siemens or ABB.
electricity grid became a commodity (I believe arguably car manufacturing did as well), not sure if the theory isn't that any system that lasts over the long term will either become commoditised or cease to be commercially viable.