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United Kingdom: The Energy Sector Through Privatization to Low-Carbon and Brexit

Author

Listed:
  • Raphael J Heffron

    (Abu Dhabi University)

  • Lorna A. Greening

    (University of Tennessee, Center for Energy, Transportation and Environmental Policy, Howard H. Baker Jr. School of Public Policy and Public Affairs)

  • Mohammad Hazrati

    (National University Singapore)

Abstract

Unique among developed countries, the UK has been able to continue to grow its economy by two-thirds since 1990 and cut greenhouse gas (GHG) emissions by 42%. During this same time period, the energy sector in the UK has undergone privatization and significant reforms. Some of these reforms have been highly successful and others have not. This history has provided experiences which policymakers have drawn upon while confronting GHG reduction goals and now UK’s exit from the EU or Brexit. The UK faces many challenges with respect to energy, including operating outside the EU internal energy market, on leaving the EU. How well the UK meets those challenges will shape their energy picture for years to come, but the answer is not clear.

Suggested Citation

  • Raphael J Heffron & Lorna A. Greening & Mohammad Hazrati, 2026. "United Kingdom: The Energy Sector Through Privatization to Low-Carbon and Brexit," Contributions to Economics,, Springer.
  • Handle: RePEc:spr:conchp:978-3-032-18458-0_6
    DOI: 10.1007/978-3-032-18458-0_6
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