Pat Wood on the Past, Present and Future of Electric Competition
Play • 38 min

As former chair of the Texas Public Utility Commission and eventually the Federal Energy Regulatory Commission, Pat Wood helped found Texas' competitive power market and introduce competition for electric generation across the United States. In this episode, he shares what it took to break up energy monopolies, the hurdles - including the Enron scandal - faced along the way, and how competitive power markets have delivered savings, choice, and technological transformation over nearly three decades.

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