America's Biggest Utility Sees Blackouts Ahead

The CEO of America's largest utility, EXELON, warns of potential blackouts by 2027, urging states to permit new power plant construction to meet growing demand. Opponents argue that shifting the risk to utility consumers isn't fair when builders currently assume the burden. This debate highlights the broader issue of how utilities manage risk and generate profits, questioning whether current practices align with economic theories about utility companies building excess capacity. This situation underscores the critical balance between innovation in energy supply and consumer protection.