The Scissors Effect. How structural trends and government intervention are damaging the major European electricity companies and affecting consumers
The major electricity companies (the ‘majors’) in Europe have not recovered from a significant decline in their combined market value that began in early 2008. If the causes are structural, as argued here, these companies may be unable or unwilling to finance the investments required to meet the EU...
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| Format: | Working paper |
| Language: | English |
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Oxford Institute for Energy Studies
2015
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