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Privatisation Of The Electricity Industry In The United Kingdom: A Model For China'S Power Sector?

In: The Uk Energy Experience A Model or A Warning?

Author

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  • C.P. ANDREWS-SPEED

    (Centre for Petroleum and Mineral Law and Policy, University of Dundee, Dundee DD1 4HN, UK)

Abstract

China's power sector is likely to encounter considerable difficulty meeting its immediate challenges without substantial restructuring. The experience of the UK electricity industry holds a number of important lessons for China, both positive and negative. Wholesale privatisation of China's power industry is inappropriate at present because of the presence of formidable political and institutional obstacles. However elements of the restructuring of both the industry and the market in the UK may be applicable in China.

Suggested Citation

  • C.P. Andrews-Speed, 1996. "Privatisation Of The Electricity Industry In The United Kingdom: A Model For China'S Power Sector?," World Scientific Book Chapters, in: G MacKerron & P Pearson (ed.), The Uk Energy Experience A Model or A Warning?, chapter 34, pages 465-477, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9781848161030_0034
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