The Economist (September 17)
2011/ 09/ 19 by jd in Global News
The Economist salutes Japan for succeeding. “The nation responded as one, dimming lights and cranking down the air-conditioning…. Peak electricity usage fell by nearly a fifth in the Tokyo region, compared with last year. Amazingly, Japan made it through the summer without blackouts.” The Economist provides a new challenge. “The new government should break up Japan’s electricity monopolies.” Japan needs a smart grid where pricing is linked to demand, monopolies are eliminated, and generation and distribution separated.
Tags: Deregulation, Japan, Monopolies, Pricing, Smart grid, Utilities