THE UK ELECTRICITY MARKET EVOLUTION DURING THE LIBERALIZATION PROCESS

This paper offers an insight on the liberalization process that took place in the United Kingdom starting with 1990 until now. The electricity market in the United Kingdom made incredible progress in the road to reaching a full level of liberalization where customers are free to choose between suppl...

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Main Author: Delia Vasilica Rotaru
Format: Article
Language:English
Published: Alexandru Ioan Cuza University of Iasi 2013-07-01
Series:CES Working Papers
Subjects:
Online Access:http://ceswp.uaic.ro/articles/CESWP2013_V2_ROT.pdf
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author Delia Vasilica Rotaru
author_facet Delia Vasilica Rotaru
author_sort Delia Vasilica Rotaru
collection DOAJ
description This paper offers an insight on the liberalization process that took place in the United Kingdom starting with 1990 until now. The electricity market in the United Kingdom made incredible progress in the road to reaching a full level of liberalization where customers are free to choose between suppliers and services. An analysis of the most important indicators for the electricity market evolution such as electricity price, the market share of the largest generator, the energy efficiency indicator shows that the liberalization process brought many advantages starting with 2001. Also, UK has to face new challenges in order to keep the development of the industry on the right path, challenges that are presented in the final part of the paper.
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spelling doaj.art-1e896f630aac47db867479ad273398242022-12-21T18:30:01ZengAlexandru Ioan Cuza University of IasiCES Working Papers2067-76932013-07-0152267278THE UK ELECTRICITY MARKET EVOLUTION DURING THE LIBERALIZATION PROCESSDelia Vasilica RotaruThis paper offers an insight on the liberalization process that took place in the United Kingdom starting with 1990 until now. The electricity market in the United Kingdom made incredible progress in the road to reaching a full level of liberalization where customers are free to choose between suppliers and services. An analysis of the most important indicators for the electricity market evolution such as electricity price, the market share of the largest generator, the energy efficiency indicator shows that the liberalization process brought many advantages starting with 2001. Also, UK has to face new challenges in order to keep the development of the industry on the right path, challenges that are presented in the final part of the paper.http://ceswp.uaic.ro/articles/CESWP2013_V2_ROT.pdfUK electricity marketliberalizationenergy efficiencyderegulationmarket structure
spellingShingle Delia Vasilica Rotaru
THE UK ELECTRICITY MARKET EVOLUTION DURING THE LIBERALIZATION PROCESS
CES Working Papers
UK electricity market
liberalization
energy efficiency
deregulation
market structure
title THE UK ELECTRICITY MARKET EVOLUTION DURING THE LIBERALIZATION PROCESS
title_full THE UK ELECTRICITY MARKET EVOLUTION DURING THE LIBERALIZATION PROCESS
title_fullStr THE UK ELECTRICITY MARKET EVOLUTION DURING THE LIBERALIZATION PROCESS
title_full_unstemmed THE UK ELECTRICITY MARKET EVOLUTION DURING THE LIBERALIZATION PROCESS
title_short THE UK ELECTRICITY MARKET EVOLUTION DURING THE LIBERALIZATION PROCESS
title_sort uk electricity market evolution during the liberalization process
topic UK electricity market
liberalization
energy efficiency
deregulation
market structure
url http://ceswp.uaic.ro/articles/CESWP2013_V2_ROT.pdf
work_keys_str_mv AT deliavasilicarotaru theukelectricitymarketevolutionduringtheliberalizationprocess
AT deliavasilicarotaru ukelectricitymarketevolutionduringtheliberalizationprocess