Why have lessons learned not been transferred to the current generation of power system engineers, managers and policy makers and what can be done about it?

This paper reviews the procedures through which power system technical and economic knowledge used to be passed on to succeeding generations of power engineers, managers and policy makers. It explores the reasons why these procedures have been abandoned over the last 30 years resulting in blackouts, bad power policy and the sharp decline in the role of engineers. It suggests steps to correct these failures and to pass on the knowledge gained from past major blackouts and reliability problems.