Grant McDermott bio photo

Grant McDermott

Assistant Professor
Dept. of Economics
University of Oregon

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... in two graphs:




THOUGHT FOR THE DAY: Decentralised power is a nice ideal \(-\) and in some cases is the best option \(-\) but it remains a poor alternative to the grid for the moment.

PS - I've previously written about why the electricity grid is best viewed as a (regulated) natural monopoly here.