Business Separation and the Future Shape of the UK Energy Industry |
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| Authors: | Philip James,Abby Ghobadian,& Howard Viney |
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| Affiliation: | Professor, Employment Relations, Middlesex University Business School,;Director of Research, and Professor of Operations and Manufacturing Strategy, Middlesex University Business School,;Research Fellow, Middlesex University Business School |
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| Abstract: | The Utilities Act 2000 is principally focused upon promoting greater competition within the electricity industry. Its provisions will have a profound, but possibly unintended, impact upon the structure of the electricity industry in the UK, and ensure the continued requirement for a regulatory presence in both the competitive as well as monopoly sectors of the industry. The question of business separation, and its impact upon the potential for vertical integration is discussed. This article argues that, while vertical integration is discouraged, future horizontal integration is a likely consequence of business separation. |
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