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Why Countries Are Losing Power and How to Fix the Grid

Doing Business with a Servant's Heart· hosted by Steve Ramona· 4 November 2026

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In the last year, Spain and Portugal lost power across both countries for a full day, and Sri Lanka went dark too. This conversation explores why these blackouts are a warning sign, and why the way we pay for electricity was never built for the grid we have today. It runs from a sheep farm in rural Ireland to a PhD in energy pricing — how scholarships and mentors opened doors, and why that leaves 'a debt to repay' — through to why solar, wind and two-way power flows have changed how the grid works while the way we operate it hasn't caught up, and how electricity pricing was copied almost word for word from how wheat and copper were traded more than 170 years ago.

Why this conversation matters

Large-scale blackouts make the cost of an outdated market architecture visible to everyone, not just engineers and policymakers. This conversation connects those failures to the underlying design of electricity markets, and to Enleashed's mission to take research off the shelf and into the hands of policymakers.

Key themes

The Iberian and Sri Lankan blackoutsFrom a sheep farm in rural Ireland to a PhDScholarships, mentors and 'a debt to repay'Why solar, wind and two-way power flows have changed the gridThe 1850s problem: electricity pricing copied from commodity tradingMonopolies and fairnessSolar panels, batteries and EVs as a route to more democratic energyTaking research off the shelf and into the hands of policymakers

Relevant Enleashed links

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