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Catfish and Cod
Friday, August 29, 2003
 
Power outage in London.
(Link path: canada.com)

It turns out that power grid failures are not all that uncommon, after all. It is quite possible that neglect of the power transmission network, network effects, and NIMBY-ism are far more to blame for recent power outages than the direct effects of de-regulation. We know what failure due to de-regulation looks like: California rolling blackouts. Failures like these are technical, not political, in nature. However, it may take political as well as technical changes to fix their underlying causes.