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Why It’s Short-Sighted To Do Centralized Planning In A Decentralizing Electricity Grid

With financial rewards tied to building big things, and a 100-year history of doing so, utilities overlook distributed energy resources like rooftop solar. State regulators, expecting the grid future to unfold from a utility’s central plan, rarely push back. But the truth is that central planning may cost everyone (except utility shareholders) more, because the most cost-effective electricity system can be built from the bottom up.