The Privatisation Of The Uk El Introduction Since the privatisation of the British electricity pains in the early 1990s the power industry has gone through sketch structural changes. As with most privatisation of former public companies, (such as the privatisation of British Telecom and British Gas), the government wished to see cast up efficiency in the production of electricity. By privatising, the government hoped that the allowance of higher profits would act as a vantage for efficiency, meaning that more effort would be made in research and development of new techniques so as to conjure up production more efficient.
In order to pass go up egg onto the consumer, the electricity companies would have to work under reliable restrictions impose by the government and the electricity regulator, (OfGen), which were designed to close out snobby monopolies exploiting the consumer. The aim of this project is to investigate to what extent the industry has changed since these chang...If you unavoidableness to get a full essay, order it on our website:
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