Tag: Ofgem

  • Gas Storage in Great Britain

    By: Chris N Le Fevre

    During the last decade any discussion of Great Britain’s natural gas security of supply has touched on the issue of the adequacy, or otherwise, of underground storage capacity.  Simplistic comparisons with neighbouring continental European national gas markets are questionable due to the differing pace of market liberalisation, changing demand and supply patterns and the availability […]

  • Why Did Electricity Prices Fall in England and Wales? Market Mechanism or Market Structure?

    By: J. Bower

    The England & Wales Electricity Pool (‘the Pool’) began trading on 1 April 1990 and was the centrepiece of UK electricity market deregulation and price liberalisation. As one of the first examples of a competitive wholesale electricity market anywhere in the world’ it was copied, almost in entirety in some cases, by a number of […]

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