Gas and Electricity in Great Britain
- Pages: 19
- Published: December 2015
- Report Code: ML00019-075
UK gas and electricity markets were liberalized, in order to introduce competition into generation and retail supply. However, the six largest private-sector energy companies dominate both with large market shares. Also, regulator Ofgem has reported that while collusion does not occur, some tacit coordination of retail prices does. This report examines the evidence.
Scope
Find out the structure of the UK electricity market before liberalization and today.
Discover how major players, while avoiding illicit collusion, can coordinate their prices.
Reasons to buy
What are the main barriers faced by the new entrants to expand their presence in the market?Is there open market competition between companies operating within the energy sector in Great Britain?
Companies mentioned
None
Table of Contents
List of Tables
List of Figures
Pricing
Discounts available for multiple purchases.