Tangentially related: New York is home to NYPA[1], the largest public power utility/authority in the United States. NYPA is entirely owned by the public, produces some of the cheapest (and greenest) power in the country, and is funded in perpetuity by bonds instead of taxes. Edit: This bond announcement[2] document claims that NYPA provides over 25% of NY's electricity and owns over 30% of the physical delivery infra…
Read an article from my state today about a local utility that was created specifically to get local control and more sustainable energy.
But their proposed large scale solar farm was denied a zoning change because some town thought it was bad idea to remove ( a tiny amount of ) farm land.
The util contractor even said they would still water the land (dumb this is a desert) and have sheep.
https://coloradosun.com/2022/03/08/delta-county-rejects-dmea...
Insane to me.
Is there any proof that for profit incentives actually lower costs without effecting safety, reliability, and sustainability?
Texas stands out as proof it doesn't. And even when it's semi-regulated when the profit is fixed % it just incentivizes the wrong thing when we need to scale down/build more sustainable.