New Models Of Public Ownership In Energy
This paper discusses some of the new and continuing ways in which the public sector is involved in the electricity / energy sector around the world. This involvement continues to be significant in spite of the long running trend towards privatization, competition and independent regulation in the energy sector. The authors discuss why the theoretical case for public ownership might be more attractive now than in the recent past. They then discuss six case studies of modern public ownership drawn from the UK (Great Britain and Northern Ireland), Denmark, New Zealand, Finland and Chile. The investments covered include wind and nuclear power, LNG facilities, electricity and gas distribution investments and energy service companies for combined heat and power.