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Summary: www.eprg.group.cam.ac.uk
New Models of Public Ownership in Energy
EPRG Working Paper 1030
Cambridge Working Paper in Economics 1055
Aoife Brophy Haney and Michael G. Pollitt
This paper discusses some of the new and continuing ways in which the public
sector is involved in the electricity / energy sector around the world. This
involvement continues to be significant in spite of the long-running trend towards
privatisation, competition and independent regulation in the energy sector. Indeed all
of our examples are drawn from countries the UK (Great Britain and Northern
Ireland), Denmark, New Zealand, Finland and Chile - in which the trend towards
liberalisation has been apparent and where the liberalised market and regulatory
arrangements are often thought to be examples of good practice worthy of being
studied and adopted in other countries.
The public involvement we discuss is occurring in different stages of the energy
system, in projects with very different risk and technology characteristics. Thus we
discuss examples of investments in electricity generation (nuclear and renewable),
transmission and distribution (of both electricity and gas) and in LNG import facilities
(where the power sector is an anchor customer).


Source: Aickelin, Uwe - School of Computer Science, University of Nottingham


Collections: Computer Technologies and Information Sciences