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The restructuring and privatization of the U.K. electricity supply - was it worth it? (anglais)

The electricity supply industry in England and Wales was under public ownership from 1948 to 1990. For most of this period, the Central Electricity Generating Board (CEGB) operated all generation and transmission as a vertically integrated statutory monopoly. In 1990, the CEGB was restructured and privatized. This Note describes how a social cost-benefit analysis is conducted to assess the worthiness of the exercise and reports the results. The analysis...
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