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Price Shock Therapy: Causal ML Reveals True Impact of Electricity Market Liberalization

TL;DR for operators Electricity deregulation is usually sold as a simple story: introduce competition, lower prices, everyone applauds politely, preferably near a ribbon-cutting ceremony. The paper behind this article is more useful because it refuses that simplicity. It asks a sharper operational question: when independent electricity producers actually entered selected US state markets, did residential electricity prices fall relative to a credible counterfactual?1 ...

July 20, 2025 · 16 min · Zelina