-ELECTRICITY PROVIDERS-

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-as of [21 SEPTEMBER 2024]

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*PROVIDERS* β€”>

*CON EDISON*

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“BLACKOUTS”

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-the electric power industry is the [‘generation’ / ‘transmission’ / ‘distribution’ / ‘sale’] of ‘electric power’ to the ‘general public’-

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(the ‘electrical industry’ started with introduction of ‘electric lighting’ in ‘1882’)

(throughout the ‘1880s’ + ‘1890s’, growing ‘economic’ + ‘safety’ concerns lead to the ‘regulation’ of the ‘industry’)

(once an ‘expensive novelty’ limited to the most densely populated areas, ‘reliable’ + ‘economical’ electric power has become a requirement for normal operation of all elements of ‘developed economies’)

(by the middle of the ‘1900s’, ‘electric power’ was seen as a ‘natural monopoly’, only ‘efficient’ if a restricted # of organizations participated in the ‘market’)

(in some areas, ‘vertically-integrated companies’ provides all stages from ‘generation’ to ‘retail’, and only ‘governmental supervision’ regulated the ‘rate of return’ + ‘cost structure’)

(since the ‘1990s’, many regions have opened up the ‘generation’ + ‘distribution’ of ‘electric power’ to provide a more competitive ‘electricity market’)

(while such ‘markets’ can be ‘abusively manipulated’ with consequent adverse ‘price’ + ‘reliability’ impact to ‘consumers’, generally competitive production of ‘electrical energy’ leads to worthwhile improvements in ‘efficiency’)

(however, ‘transmission’ + ‘distribution’ are harder problems)

(since ‘returns on investment’ are not as easy to find)

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*πŸ‘¨β€πŸ”¬πŸ•΅οΈβ€β™€οΈπŸ™‡β€β™€οΈ*SKETCHES*πŸ™‡β€β™‚οΈπŸ‘©β€πŸ”¬πŸ•΅οΈβ€β™‚οΈ*

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πŸ“šπŸ“–|/\-*WIKI-LINK*-/\|πŸ“–πŸ“š

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πŸ‘ˆπŸ‘ˆπŸ‘ˆβ˜œ*β€œELECTRICITY”* ☞ πŸ‘‰πŸ‘‰πŸ‘‰

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πŸ’•πŸ’πŸ’–πŸ’“πŸ–€πŸ’™πŸ–€πŸ’™πŸ–€πŸ’™πŸ–€β€οΈπŸ’šπŸ’›πŸ§‘β£οΈπŸ’žπŸ’”πŸ’˜β£οΈπŸ§‘πŸ’›πŸ’šβ€οΈπŸ–€πŸ’œπŸ–€πŸ’™πŸ–€πŸ’™πŸ–€πŸ’—πŸ’–πŸ’πŸ’˜

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*🌈✨ *TABLE OF CONTENTS* ✨🌷*

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πŸ”₯πŸ”₯πŸ”₯πŸ”₯πŸ”₯πŸ”₯*we won the war* πŸ”₯πŸ”₯πŸ”₯πŸ”₯πŸ”₯πŸ”₯