Institutions, Exchange and Coordination 
Lynne Kiesling Associate Professor in Economics, Carnegie Mellon University
History and economics of the electricity industry
Lynne Kiesling Associate Professor in Economics, Carnegie Mellon University About this lecture
In this video, Professor Kiesling provides a historical perspective on how the competition for the U.S. electricity market, innovation and the energy industry transformation has been shaped by U.S. intellectual property systems and state regulation. In particular, Prof. Kiesling presents the factors that induced an evolution from investor-owned utilities into the consolidation of local monopolies.
References
Bernard Carlson (2013), Tesla: Inventor of the Electrical Age, Princeton University Press.
Lynne Kiesling (2016), “Implications of Smart Grid Innovation for Organizational Models in Electricity Distribution,” Wiley Smart Grid Handbook (Wiley)
Vaclav Smil (2018), Energy and Civilization: A History, MIT Press.
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