Institutional Evolution and Energy Reform in the UK

Richard Green

Chapter 12 in Corruption, Development and Institutional Design, 2009, pp 235-252 from Palgrave Macmillan

Abstract: Abstract Over the last twenty-five years, the UK’s energy utilities of electricity and gas have been completely transformed. Publicly-owned monopolies have been replaced by competing private companies. In gas, the formerly integrated vertical stages have been separated, and the nature of vertical integration in the electricity industry has also changed. New regulators are responsible for overseeing key parts of the industry, and new markets have been created.

Keywords: Economic Policy; International Economic; Economic System; Private Company; Financial Economic (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-0-230-24217-3_12

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DOI: 10.1057/9780230242173_12

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