which is why the price in electricity isn't truly being reflected properly by the cost of distribution.

If it costs less up north, then there would be incentive to move demand there (for data centers, which is more location agnostic). But if the price is the same up north, then the locality becomes a deciding factor.

Throw this in the bin of "fun consequences of price controls".

OTOH a market without a regulator is literally a jungle

a diverse productive ecosystem?

A system in which your the stronger you are, the more rights you have

that's not a jungle, rights come from a social contract and all the complicated social technology we usually operate to try to manifest said rights.

in a jungle there are niches, and opportunities, and even though there are very strong participants, no one is invincible, especially outside their niche.

the jungle is a place where the social contract is decided by the physically strongest players. the strongest player in the jungle is the man and the jungle only exists because he decided to not level it and turn it into a palm oil farm. in that sense you're right, I completely agree, no one is invincible there.