Energy: the restructuring of an industry

Article Abstract:

The UK energy industry is restructuring as competition is being introduced. TransCo has been set up by British Gas for gas transportation. Deregulation has also changed the gas supply market. Electricity generators will face competition from independent producers. Further deregulation is planned for the UK gas and electricity industries in the three years from 1995. Individual customers may be able to choose suppliers, though the situation in Northern Ireland has yet to be clarified.

Electric Utilities, Electric Power Generation, Transmission and Distribution, Natural Gas Distribution, Gas Distribution, United Kingdom, Gas industry, Energy industries, Energy industry

---

Scotland

Article Abstract:

Hydro-Electric and ScottishPower were privatized in 1991. ScottishPower produces and distributes electricity in southern Scotland and Hydro-Electric serves the north of Scotland. ScottishPower is bigger than Hydro-Electric and has been developing non-core activities, in addition to making a bid for Manweb which was not referred to the UK Monopolies and Mergers Commission. Hydro-Electric may be able to acuire the pumped storage business of National Grid.

Electric Power Generating, Electric Power Generation, Scotland, Electric power production

---

National Grid

Article Abstract:

National Grid was retained by the 12 UK electric utilities following their privatization. Eastern Groups holds a 12.5% stake in National Grid and was the biggest stake holder. The company obtains more than 90% of profit from high voltage energy transmission in the UK. A demerger is planned for National Grid, and electricity consumers will receive a rebate of 50 pounds sterling. National Grid is a monopoly and regulations cover its operations.

Electric Power Trans & Distr, Electric Power Transmission, Control, and Distribution, Mergers, acquisitions and divestments, Electric power supply, Electric power distribution, National Grid Company PLC

Similar abstracts:

• Abstracts: Turning the corner. Branching out. Midwest report
• Abstracts: Nature or nurture: the entrepreneur's view. The diary of an ethical investor. Directors bypass the pessimists: directors of beleaguered quoted companies are dipping into their own pockets to fund share issues. Priced substantially below market levels, they could win or lose millions if the companies do well
• Abstracts: European privatisations: nothing to fear. Europe: insulated. Europe: policy bets
• Abstracts: No easy answers to the crisis in the east. Tread carefully abroad. Tiger cubs should be handled with care: this year's recovery in Asian markets is prompting fund managers to renew their promotion of Asian smaller companies as a high-growth investment - but interested investors should tread warily
• Abstracts: Workers unite: the unions are back. Time to get loaded

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.