TITLE

Structural change: the pain

AUTHOR(S)
Demoucell, Patrick; Harrop, Chris; Siddle, Roger; van den Branden, Jean-Charle
PUB. DATE
March 2005
SOURCE
Power Economics;3/16/2005, Vol. 9 Issue 6, p9
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article reports that over the past decade the value chains in both the electricity and gas industries have undergone profound structural changes in most European countries. Historically, in most countries the gas and electricity industries have been vertically integrated, regulated monopolies. Vertical integration encompasses all, or most, of the value chain. The same companies are involved in the generation, transportation, distribution and supply/retail of energy. A prime example would be EdF Electric Co. in France, which today, despite widespread deregulation in Europe, continues to participate in all steps of the value chain.
ACCESSION #
16495905

 

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