The Likely Effects Of Competition In The Uk Domestic Gas Market
In: The Uk Energy Experience A Model or A Warning?
AbstractAs Secretary of State for Trade and Industry, Mr Heseltine announced in December 1993 that the domestic or household gas market would be opened to competition — partially from April 1996 and fully from April 1998 to coincide with full competition in the electricity market. The Government has so far regarded the advantages of competition as self-evident. This paper attempts to assess the likely benefits, costs and risks of this policy.
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