e-Commerce is consolidating, but there's room for the little guys too.
Thomas Edison built the electric utility industry virtually from scratch out of his workshop, so can Internet mavericks do the same for e-commerce? Or has the moment passed for the garage startups, leaving it to the big utilitiesor better yet, the large conglomerates and multi-company joint venturesto attract capital and introduce the new ideas?
BY WHAT AUTHORITY CAN STATES FAVOR RENEWABLE
energy in a restructured electricity market?
Renewable resource funding marks a major point of contention in utility deregulation. Environmental groups fear that without some form of compulsion or subsidy, or both, renewable resources will not survive in an energy economy based on least direct consumer cost. However, utilities do not want to be saddled alone with the chore of carrying all renewables to market.
Competition abounds at wholesale, but retail is another story.
Will geography, politics and regional economics stand in the way of real choice for electric consumers at the retail level? Consider this tale of two power players.
One competitor, the Indiana Municipal Power Agency, is proud of itself. In its annual report, IMPA says that open access and competition in the wholesale market allowed it to trim wholesale rates for power it delivered to member distribution companies in 1996. "The results were remarkable," the report reads.