Earlier quoted context omitted.
Which confuses me, as it follows a statement about how energy has been deregulated. Of course, deregulation would also reduce some of the incentives for maintaining preparation for "100 year winter" storms. Much like how hospitals reduced the number of beds based on their average case loads, not the uncommon-but-not-unheard-of peaks.
In the US, licensed hospital beds are pretty heavily regulated. https://www.ncsl.org/research/health/con-certificate-of-need... And then Medicare won't pay any old place for services (which is something that would impact many potential hospital sites).
Of course, medicine in the US is not a functioning market.