Liam Denning, Columnist

Breaking: The U.S. Power Market Is Cracking

The system was designed for price and reliability, not political outcomes.

August 24, 2017 at 6:10 PM UTC

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

1503597334_GettyImages-51155301 — Photographer: David McNew/Getty Images

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As any good author should, whoever took the pen for the Department of Energy's big study on the reliability of the U.S. electricity system put their most important point high up. It was right there on the first of 181 pages:

I said it was important, not mind-blowing.