Wednesday, 17 April 2013

GB energy markets beyond the Thatcher era

Margaret Thatcher’s funeral was held today in London. Her legacy includes the present structure of Great Britain’s energy markets. She presided over the development of the Electricity Act 1989, and the breaking up of the Central Electricity Generating Board in 1990. As a result, we have an electricity market structure which allows consumers some freedom of choice in which company to buy their electricity from, or to sell their solar generation to.