
The Machinery of Electricity
Issue 19: The machinery of our electricity system is not just the physical infrastructure but the institutions that run it
Electricity institutions are not natural facts. They are machinery built for the grid of their time. Australia moved from local electricity systems to state utilities, then to the NEM. Now rooftop solar, batteries and EVs have moved the action behind the meter. The next challenge is not more market or more regulation, but new machinery for trusted coordination at the edge. Disclosure: I am working on a venture in this field. Details at the end.
Jun 7, 2026































