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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Format: | Article |
Language: | English |
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Alexandru Ioan Cuza University of Iasi
2013-07-01
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Series: | CES Working Papers |
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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. |
first_indexed | 2024-12-22T10:03:43Z |
format | Article |
id | doaj.art-1e896f630aac47db867479ad27339824 |
institution | Directory Open Access Journal |
issn | 2067-7693 |
language | English |
last_indexed | 2024-12-22T10:03:43Z |
publishDate | 2013-07-01 |
publisher | Alexandru Ioan Cuza University of Iasi |
record_format | Article |
series | CES Working Papers |
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 |