Odubiyi, A O and Davidson, I E (2005) England and Wales electricity industry: experiences in deregulation. Journal of Engineering, Design and Technology, 3(1), pp. 24-29. ISSN 1726-0531
Abstract
Electric utilities traditionally operate as government monopoly institutions in vertically integrated structures. As monopolies, secondary costs incurred as a result of inefficient operations are passed down to consumers, even when such did not constitute major operational or quality of supply problems. In the 1990s, environmental issues, regulatory and economic challenges, and changing public perception created a radically different world for electric utilities. Consumers demand price transparency and reduction of crosssubsidies among different users. The need for higher energy efficiency in technical systems of utilities and significant growth in energy demand were recognised. Most governments were under pressure to raise funds for social services, balance budgets and to carry out economic reform. This paper presents a review and analysis of the successful deregulation of the electricity supply industry in England and Wales as a pointer to other countries (e.g. developing countries) contemplating such programme.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | electricity deregulation; market design; market structure |
| Index terms: | transparency, subsidy, deregulation, electricity industry, programme, utilities, Wales, energy efficiency, environmental issue, developing country, energy demand, England, electric utility |
| Subjects: | construction type, Geography, economic analysis, industry analysis, energy systems, project controls, sustainability and energy, professional development, development economics, regulatory law, environmental issues |
| Topics: | Information Management, Geographical Context, Time Control, Business Strategy, Research Practice, Legal Issues, International Construction, Sustainability, Construction Technology |
| Descriptive scope: | 2 PC |
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