GENERATING COMPETITION IN THE ELECTRICITY INDUSTRY

Abstract

The privatisation of the electricity industry was badly flawed. It created a generating duopoly in the form of National Power and Powergen. These two companies have a degree of control which is incompatible with the concept of the open market and which is detrimental to the interests of the consumer. Given the power of that duopoly, it is doubtful whether the Governmental regulatory authority, OFFER, can effect real change without a referral to the Monopolies and Mergers Commission.

Citation

HALLILEY, M. (1993), "GENERATING COMPETITION IN THE ELECTRICITY INDUSTRY", Journal of Financial Regulation and Compliance, Vol. 1 No. 4, pp. 395-402. https://doi.org/10.1108/eb024787