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GENERATING COMPETITION IN THE ELECTRICITY INDUSTRY

GENERATING COMPETITION IN THE ELECTRICITY INDUSTRY The privatisation of the electricity industry was badly flawed. It created a generating duopoly in the form of National Power and Powergen. These two companies have a degree of control which is incompatible with the concept of the open market and which is detrimental to the interests of the consumer. Given the power of that duopoly, it is doubtful whether the Governmental regulatory authority, OFFER, can effect real change without a referral to the Monopolies and Mergers Commission. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Financial Regulation and Compliance Emerald Publishing

GENERATING COMPETITION IN THE ELECTRICITY INDUSTRY

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
1358-1988
DOI
10.1108/eb024787
Publisher site
See Article on Publisher Site

Abstract

The privatisation of the electricity industry was badly flawed. It created a generating duopoly in the form of National Power and Powergen. These two companies have a degree of control which is incompatible with the concept of the open market and which is detrimental to the interests of the consumer. Given the power of that duopoly, it is doubtful whether the Governmental regulatory authority, OFFER, can effect real change without a referral to the Monopolies and Mergers Commission.

Journal

Journal of Financial Regulation and ComplianceEmerald Publishing

Published: Feb 1, 1993

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