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Evaluation of the long-term effects on UK electricity prices following privatisation

Author

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  • Derek Bunn
  • Kiriakos Vlahos

Abstract

With the publication of the UK Government's Electricity Bill (1988), planning was initiated for the break-up and sale of the Central Electricity Generating Board (CEGB) into three privatised companies. 'National Power' and 'PowerGen' would inherit 70 per cent and 30 per cent of the generating plant, respectively, and would compete for contracts to supply the twelve 'Area Boards', who are responsible for electric power distribution in separate geopraphical areas.

Suggested Citation

  • Derek Bunn & Kiriakos Vlahos, 1989. "Evaluation of the long-term effects on UK electricity prices following privatisation," Fiscal Studies, Institute for Fiscal Studies, vol. 10(4), pages 104-116, November.
    • Handle: RePEc:ifs:fistud:v:10:y:1989:i:4:p:104-116
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    Cited by:

    1. Pandey, Rahul, 2002. "Energy policy modelling: agenda for developing countries," Energy Policy, Elsevier, vol. 30(2), pages 97-106, January.
    2. Karahan, Hatice & Toptas, Mehmet, 2013. "The effect of power distribution privatization on electricity prices in Turkey: Has liberalization served the purpose?," Energy Policy, Elsevier, vol. 63(C), pages 614-621.

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