Owner Attitudes and Public-company Behaviour in a Restructured Electricity Sector

Eivind Magnus

Chapter 8 in Electricity Market Reform in Norway, 2000, pp 158-173 from Palgrave Macmillan

Abstract: Abstract A large majority of the Norwegian electricity companies engaged in grid, production and supply activities are public enterprises owned by local municipalities or county authorities. Before the market reform, these companies regarded themselves as public service entities responsible for providing the communities with long-term stable electricity supplies. Normally, they were organised as an integrated part of the local administration. The economic objective was to cover cost, and they operated subject to the expectation that any economic surplus from their activities would be transferred to their consumers in the form of low electricity prices.

Keywords: Chief Executive Officer; Efficiency Improvement; Joint Stock Company; Market Reform; Public Owner (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-98274-7_8

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DOI: 10.1057/9780333982747_8

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