The internationalization of the European electricity industry: The case of Vattenfall
AbstractThis article explains how the Swedish state-owned electricity company Vattenfall managed to become the most successful foreign player on the German electricity market. It does so by providing an in-depth historical analysis of Vattenfall's transformation from a national into an international actor, a process that proved long and difficult. The article starts out by identifying the transformation pressures that Vattenfall faced in the late 1980s. It then continues with a detailed analysis of Vattenfall's response to these pressures, culminating in a seemingly sudden wave of major acquisitions in Germany in the period 1999-2002.
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Bibliographic InfoArticle provided by Elsevier in its journal Utilities Policy.
Volume (Year): 17 (2009)
Issue (Month): 3-4 (September)
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Web page: http://www.elsevier.com/locate/inca/30478
Electricity market Internationalization Vattenfall Germany;
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- Haar, Laura N. & Jones, Trefor, 2008. "Misreading liberalisation and privatisation: The case of the US energy utilities in Europe," Energy Policy, Elsevier, vol. 36(7), pages 2610-2619, July.
- Schumpeter, Joseph A., 1947. "The Creative Response in Economic History," The Journal of Economic History, Cambridge University Press, vol. 7(02), pages 149-159, November.
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