The US power failure

A piece in the Financial Times today sheds a little more light (pun intended) on the reasons for the big power failure in North America last week. These include low investment in an ageing grid, too much deregulation, coordination problems between states, and last, but by no means least, rising demand.

The article, Blackouts show inability to heed warnings, argues that now this has happened, there might be some coordinated attempt to fix the problem. I wonder, though, how much effort will be devoted to reducing demand so the system can cope better, as opposed to find ways of delivering an increased supply.