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| Topic: |
Miscellaneous
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| Number of pages / Number of words: |
18 / 4838 |
Essay's paper body
This was because the government was not regulating the companies well enough, and because they faced no competition in their own regional area, they could afford to become less efficient and so not providing the benefit to the consumers which they had been intended to do. By 1997 it became clear that the government had to intervene into the market and at this point de-mutualisation came into existence...
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By 1997 it became clear that the government had to intervene into the market and at this point de-mutualisation came into existence. This meant that from 1997 any customer in the UK could buy electricity from any of the other regional electricity companies.
The question that I wish to answer is: -
To what extent did the restructuring of the electricity industry in the 1990’s affect the price of electricity to consumers and for what reasons did this occur?
Economic Concepts
The market for electricity in the UK has undergone several important structural changes as outlined in the introduction to the coursework...
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