Abstract
The Central Electricity Generating Board (CEGB), the utility responsible for electricity generation in England and Wales, has recently been severely criticised both by Government agencies1,2 and in the academic literature3,4 for deficiencies in its long term planning. Similar criticisms have been made of the South of Scotland Electricity Board (SSEB). In particular, attention has been focussed on the unrealistically high forecasts of electricity demand made throughout the 1970s which have resulted in high levels of plant overcapacity.
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References
Select Committee on Energy, The Government’s statement on the new nuclear power programme, Vols I & II, HMSO, London, February 1981.
The Monopolies and Mergers Commission, Central Electricity Generating Board: A report on the operation by the Board of its system for the generation and supply of electricity in bulk, HMSO, London, May 1981.
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© 1983 British Institute of Energy Economics
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Evans, N. (1983). Electricity Investment Planning in the UK. In: Tempest, P. (eds) Energy Economics in Britain. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-7355-1_6
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DOI: https://doi.org/10.1007/978-94-011-7355-1_6
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