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What is happening to the North American electricity sector? A few years ago, headlines trumpeted the unstoppable restructuring behemoth, barrelling down the highway. But it now appears to be careening out of control. About-to-reform jurisdictions, like Ontario and New York, stand frozen in the headlights, unsure whether to leap forward or jump back. Recently reformed jurisdictions, like Alberta and Pennsylvania, wonder if they jumped the wrong way, and brace for the impact. One jurisdiction is already road-kill -- a messy, direct hit.

Caught in the Headlights of Electricity Market Reform