the privatisation of the uk electricity industry

Introduction Since the privatisation of the British electricity industry in the early 1990’s the power industry has gone through major structural changes. As with most privatisation of former public companies, (such as the privatisation of British Telecom and British Gas), the government wished to see increased efficiency in the production of electricity. By privatising, the government hoped that the incentive of higher profits would act as a reward for efficiency, meaning that more effort would …showed first 75 words of 4611 total…

…showed last 75 words of 4611 total…expect that they would find all of the other companies to be cheaper than their own original supplier. I conclude that the industry has changed greatly over the 1990’s and that the industry may well continue to change as the regulator becomes more involved in the industry. Bibliography http://www.powercheck.demon.co.uk/ele_supm.htm#NorW http://bized.ac.uk:8080/stafsup/options/notes/econ2_c.htm http://www.newenergy.com/nevtech/electricity.htm