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The Record

Everything we've published, most recent first: what happened, who profits, and what you can do. Every claim traced.

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SeriousMonopoly DeskThailand's Fuel Tariff Jumps Nearly Fivefold; Ratepayers Bear the Subsidy DebtThailand's Energy Regulatory Commission announced a sharp increase in the fuel tariff (Ft) from 0.16 to 0.94 baht per kilowatt-hour, effective September, to recover 31.2 billion baht in past electricity subsidies owed to the state generator. The mechanism shifts the entire recovery burden onto monthly bills.Mara Quinn
6 days agoThailand

SeriousMonopoly DeskAlberta's $3.2 Billion Gas Plant for Data Centers: Who Pays if the Load Never Shows Up?A consortium led by Aecon Group is building a 932 MW natural gas plant in Alberta, expandable to 1,864 MW, explicitly to serve data-center development. The question PowerSov must answer: what contractual commitments bind the data-center load to this infrastructure, and what happens to ratepayers if the pipeline of announced projects fails to materialize?Priya Raman
last weekAlberta, Canada

SeriousMonopoly DeskAndhra Pradesh Hides ₹21,885 Crore (about $2.6 billion USD) in Tariff Adjusters While Claiming No Rate HikesAndhra Pradesh's two power distributors have levied ₹21,885 crore (about $2.6 billion USD) in true-up and adjustment charges over two years while the government claimed tariffs were frozen, bypassing scrutiny by moving costs outside general rate cases. The pattern mirrors global utility playbooks: split recovery across riders, trackers, and surcharges so commissions and consumers see no single, visible increase.Mara Quinn
last weekIndia

SeriousMonopoly DeskPakistan's PESCO Grid Fails Under Load; Maintenance Starved, Upgrades Stalled by LitigationPeshawar Electric Supply Company faces chronic load shedding across Khyber Pakhtunkhwa despite repeated gubernatorial pressure. A Rs6 billion (about $72M USD) transmission project sits frozen by court order while overloaded feeders and deteriorating infrastructure defer relief by years.Elena Vasquez
2 weeks agoPakistan (Khyber Pakhtunkhwa)

CriticalMonopoly DeskCuba's Grid Collapses Under Siege: Venezuelan Oil Lost, Then the Blockade TightenedCuba's national power grid collapsed in October 2024 and has remained broken through 2026, leaving 10 million people enduring blackouts of 18+ hours daily. The crisis followed the loss of Venezuelan fuel supplies in early January 2026 and was compounded weeks later by a formal US oil blockade that cut off all legal fuel imports.Elena Vasquez
2 weeks agoCuba