In this paper, the authors review the Commission's proposals for introducing competition into the European electricity industry. They caution that such measures risk jeopardizing the real sources of efficiency in the industry, by undermining the mechanisms which permit economies of scale and coordination to be achieved. They do not question that competition can play a role in certain aspects of the industry and identify a number of areas where competition could be developed.
Implications of Community Policy for the Electric Industries
DE PAOLI, LUIGI;
1993
Abstract
In this paper, the authors review the Commission's proposals for introducing competition into the European electricity industry. They caution that such measures risk jeopardizing the real sources of efficiency in the industry, by undermining the mechanisms which permit economies of scale and coordination to be achieved. They do not question that competition can play a role in certain aspects of the industry and identify a number of areas where competition could be developed.
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