Richest US state hedges to dodge blackouts

The US state of Connecticut is rolling out an innovative method of power contracting which it hopes will alleviate some of the state's energy woes. If effective, the model could spread to other states, writes Elisa Wood

Connecticut is a little state with big energy woes – so big that officials fear it could become the next California, with rolling blackouts possible as soon as next year. In an effort to avoid this, officials are introducing an innovative method of contracting. If it works, it may well become a model that spreads to other US power markets.

The heart of the problem in Connecticut is a lack of