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Essay

The Privatisation Of The Uk El

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Minnie W

 

Date added:

November 7, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

18 / 4838

 

Was viewed:

1318 times

 

Rating of current essay:

 
Essay content:

In order to pass savings onto the consumer, the electricity companies would have to work under certain restrictions imposed by the government and the electricity regulator, (OfGen), which were designed to prevent private monopolies exploiting the consumer. The aim of this project is to investigate to what extent the industry has changed since these changes were implemented and how the price of electricity to consumers has been affected by these changes...
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This stage on the road to privatisation was to introduce competition in direct supply for customers with over 1MW in demand (around 5000 sites), thus introducing the idea of competition into the industry, allowing a small proportion of the market to be run to a certain extent by the market mechanism...
displayed 300 characters

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