Energy, the State, and the Market - Helm, Dieter
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Helm's book tells this story. It is a major study of the new market approach to energy policy in Britain since 1979. It describes the miners' strike, the privatisations of the gas, electricity, nuclear generation, and coal industries, and looks at events such as the dash for gas, regulatory failures in setting monopoly prices, and the takeovers and the consolidations of the late 1990s. Helm sets out the achievements of the new market philosophy, but also analyses why it has ultimately failed to turn energy industries into normal commodity businesses.
A broad and lively survey of British…mehr

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Produktbeschreibung
Helm's book tells this story. It is a major study of the new market approach to energy policy in Britain since 1979. It describes the miners' strike, the privatisations of the gas, electricity, nuclear generation, and coal industries, and looks at events such as the dash for gas, regulatory failures in setting monopoly prices, and the takeovers and the consolidations of the late 1990s. Helm sets out the achievements of the new market philosophy, but also analyses why it has ultimately failed to turn energy industries into normal commodity businesses.
A broad and lively survey of British energy policy since 1979. The book blends economic analysis with political and historical narrative. The author traces the way in which political pressures from the proponents of both nationalization and privatization, as well as environmentalists, have affected the development of an industry which forms a significant part of the national economy. There is a particular focus on the role of government and the influence of technological advances.
Autorenporträt
Dieter Helm is Official Fellow in Economics at new College, Oxford. He has been a member of the Department of Trade and Industry's Energy Advisory Panel since 1993 and is also Chairman of the Academic Panel of the Department for Environment, Food and Rural Affairs. He is a director of Oxford Economic Research Associates Ltd (OXERA) and has advised governments, regulators and major companies in the UK and internationally.