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The Privatisation Of The Uk El
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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 ....
Middle of paper ....mall proportion of the market to be run to a certain extent by the market mechanism.
In 1994 the threshold level above which competition was allowed was reduced to 100kW which added another 50000 customers to the competitive industry, meaning that approximately half of all demand for electricity was subject to competition.
By 1995 the regio.... |
Word count: 4603 |
Page count: 17 |
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