Abstract
The European Commission has been trying to introduce a single market for gas and electricity since the late 1980s. On the evidence to date, I submit that the only true believer in competition and the liberalization of the energy markets has been the UK. If things go according to plan, then by this time next year, all customers in Britain (25 million electricity and 19 million gas) will be able to choose their supplier. To get to this position has taken a long time — well over 10 years in the case of gas. What was needed to bring about a competitive gas market in Great Britain? Let me first summarise the main events and then discuss if there are any lessons to be learned.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1998 Betriebswirtschaftlicher Verlag Dr. Th. Gabler GmbH, Wiesbaden
About this chapter
Cite this chapter
Jessen, P. (1998). Experiences from the Liberalized UK Gas Market. In: Burger, KM. (eds) Risk Management in der Energiewirtschaft. Gabler Verlag. https://doi.org/10.1007/978-3-322-84569-6_3
Download citation
DOI: https://doi.org/10.1007/978-3-322-84569-6_3
Publisher Name: Gabler Verlag
Print ISBN: 978-3-322-84570-2
Online ISBN: 978-3-322-84569-6
eBook Packages: Springer Book Archive