Chris - I've not read your links. But I'm told by capitalist b*sta*srd that larger units are required to muster the scale of investment required in power systems.

Thoughts?

Yooooon, that may be true in some cases, but I wouldn't make a blanket statement like that. The holding companies that PUCHA sought to limit are very large, owning many companies and facilities. That's a different sort of animal.

I don't buy that argument for another reason: I think we should be focusing on massively distributed, renewable production of grid power, not giant facilities in the hundreds of megawatts. In which case micro-financing is what we need. (Although long-distance grid building & operation would certainly require a larger company and more capital.)