Dave Walsh

And they're running into the fact that in a lot of regulated states, the regulated utilities are very opposed to and have all kinds of regulations making it very difficult for independent utilities

power production to occur.

So Chris Wright does appropriately a few days ago come out with a charge to FERC to go ahead and get into looking at freeing up the ability of independent power producers to build generation plants in regulated states who block the transmission of electricity by competitors, who block competitors selling power over the border of their property, even one kilowatt without selling it back only to them.

All kinds of regulatory issues exist as impediments to allowing these firms to build their own power, which we need them to do.

They need to hedge.

And then they need to hedge if their business process doesn't bloom quite as they hope it will, that that power can be sold into the grid cost effectively.

We desperately need it anyhow.

It's a good thing if these guys build their own generating capacity.

And we can't have state regulated utilities standing in the way of that.

They need to be helping it.

So anyhow, it is self-serving, but what's happening is a good thing.

It's beginning to crush the complete BS narrative.

Now, you have 43% rate increases down here in the Duke, Central Florida region, for example, since 2016, that on a documented basis have absolutely nothing to do with AI or DC.

That hasn't shown up yet.

All the rate cases, Florida Power & Light had the biggest one in the country ever before the Public Service Commission are all about, the cost of them is about building out more solar and battery storage.

That is now a little bit more in media now being acknowledged.

That indeed has been what has driven up rates so far.

AI hasn't really started yet to have an impact on rates.

It's all about we tore down coal plants, we didn't build gas plants, and we raised roots through the roof because supply is way short.

A true social getter and ex, Dave Walsh Energy.