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Cato Podcast

Free Markets for Electricity

Cato Podcast

Cato Institute

News Commentary, Policy, Markets, News, Cato, Peace, Libertarian, Politics, 424708, Government, Immigration, Defense

4.6949 Ratings

🗓️ 13 January 2026

⏱️ 44 minutes

🧾️ Download transcript

Summary

As data centers begin demanding power at the scale of entire cities, the electricity system is running headlong into regulatory barriers built for a different era. The Cato Institute's Travis Fisher sits down with Glen Lyons, the founder of Advocates for Consumer Regulated Electricity, to explore proposals for off-grid utilities, Senator Tom Cotton’s new legislation, and how market-based approaches could accelerate supply while protecting consumers from rising costs and reliability risks. 

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Transcript

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0:00.0

Welcome to the Cato podcast. I'm Travis Fisher. I'm the Director of Energy and Environmental Policy Studies at the Cato Institute.

0:10.5

Joining me is Glenn Lyons, who will introduce himself in a moment. And we are going to be talking about a multitude of things, mostly electricity, and where it's going, where it is now, where it's

0:21.3

headed, and the vision of the future and some policy changes ahead. If there's one thing I want

0:26.4

the audience to take away from this podcast, it's that electricity, the electricity industry,

0:31.1

especially in the United States of America, where we're supposed to have a market-based economy,

0:35.9

needs free markets. The cure for the electricity sector

0:39.5

is free markets. So, Glenn, why don't you introduce yourself? Sure, thank you for this opportunity.

0:45.5

So I am the founder of what we call advocates for consumer regulated electricity, and we'll spend

0:52.1

some of our time, I'm sure, talking about that. I've been doing that

0:55.4

for about three years. Also relevant to, I think, people understanding who I am and where I come

0:59.8

from, is to know that I've been retired from ExaMobil Corporation for about three and a half years now.

1:05.8

I spent 37 years there working in all different parts of the corporation, upstream, midstream, downstream,

1:13.0

commercial work primarily. And my last position there was the only one that had to do with

1:20.9

electricity. So about seven years doing electricity policy and regulatory advocacy,

1:28.3

that included a three-year stint as a member of the Erkot Board of Directors.

1:32.6

Erkot is the entity that manages most of the Texas electricity grid for those who don't know.

1:38.8

Right. The Electric Reliability Council of Texas, Urquat, grid nerds will know right away.

1:45.3

So what I wanted to start with is basically a wellness check on the power grid as we know it.

1:52.9

One interesting thing to me, I've been in this space for about 20 years.

1:56.3

This is probably the most interesting and entertaining it's been in my whole career.

2:01.0

A lot of fast-moving parts.

2:03.6

Wanted to get your thoughts on sort of, well, I'll share mine first.

...

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