The Power Brokers: The Struggle to Shape and Control the Electric Power Industry Audiobook (Free)

For more than a hundred years, the interplay between private, investor-owned electric resources and authorities regulators has shaped the energy industry in america. Provision of an important service to generally dependent consumers asked authorities oversight and a lot more advanced market intervention. The industry has sought to control, co-opt, and profit from authorities regulation. In THE ENERGY Brokers, Jeremiah Lambert maps this complicated interaction from your past due nineteenth about THE ENERGY Brokers: The Struggle to Shape and Control the ENERGY Industry hundred years for this day.

Lambert’s narrative targets seven important market players: Samuel Insull, the principal market architect and primary mover; David Lilienthal, chairman from the Tennessee Valley Power (TVA), who waged a desperate battle for market share; Don Hodel, who presided over the Bonneville Power Administration (BPA) in its failed attempt to start a multiplant nuclear power plan; Paul Joskow, the MIT economics teacher who foresaw a restructured and competitive energy market; Enron’s Ken Place, master of politics impact and market-rigging; Amory Lovins, a pioneer proponent of lasting power; and Jim Rogers, head of Duke Energy, a giant coal-fired tool threatened by decarbonization. Lambert tells how Insull built an empire in a regulatory vacuum and the way the federal government entered the electric power marketplace by causing cheap hydropower available through the TVA. He explains the failed overreach from the BPA, the rise of competitive electric power markets, Enron’s market manipulation, Lovins’ radical eyesight of the decentralized industry driven by renewables, and Rogers’ exceptional effort to influence cap-and-trade legislation.

Lambert shows how the power industry has sought to make use of regulatory modification to keep or secure market dominance and exactly how rogue players have gamed imperfectly restructured electric power markets. Integrating legislation and competition with this market has proven a difficult experiment.