Re:Georgia nuclear plant begins splitting atoms for first time
by fsckboy on Sunday March 12, 2023 @10:54PM
(#35130369)
> Depends on if you have a regulated or open electricity market. You describe a regulated market.
what's being described is a regulated natural monopoly, standard economics. No economist would recommend unregulated natural monopolies.
marginal pricing would not pay for a transmission grid, and utility investors would not agree to build or maintain a grid without it being paid for. Marginal pricing refers to the cost of electricity given the grid, where there is no extra amount covering the cost of extra grid capacity.
what's being described is a regulated natural monopoly, standard economics. No economist would recommend unregulated natural monopolies.
marginal pricing would not pay for a transmission grid, and utility investors would not agree to build or maintain a grid without it being paid for. Marginal pricing refers to the cost of electricity given the grid, where there is no extra amount covering the cost of extra grid capacity.