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And yet most of the world, and even most of the US, does this, including generation, for some $200/MWH less than PG&E. I’m not saying it’s cheap. I’m saying that the amount of money on the table is very large.

(Distribution cost really ought to scale roughly linearly in the length of the system. I don’t know if it does in practice. As a data point, Palo Alto manages to run their entire system for considerably less money than PG&E, and Palo Alto is not an inexpensive place to do anything.)



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