Yesterday at Forbes, William Pentland had an interesting piece on possible disintermediation in the electricity market. In New York and New England, the price of electricity is a function of the cost of natural gas plus the cost of the poles and wires that carry electrons from remotely-sited power plants to end users. It is not unusual for customers to spend two dollars on poles and wires for every dollar they spend on electrons.
The great disintermediation
The great disintermediation
The great disintermediation
Yesterday at Forbes, William Pentland had an interesting piece on possible disintermediation in the electricity market. In New York and New England, the price of electricity is a function of the cost of natural gas plus the cost of the poles and wires that carry electrons from remotely-sited power plants to end users. It is not unusual for customers to spend two dollars on poles and wires for every dollar they spend on electrons.