Market liberalisation and privatisation are pushing ahead despite some failure and growing opposition.
The overall direction is towards liberalisation,
Deregulation and privatisation in all three sectors has now reached a stage when it is
possible to see patterns and learn from experience, some hard earned.
There have been undoubted successes, why do they differ from faiures? The process is entering a new stage of ?critical evaluation?
Key findings
? The North American electricity and gas markets are partially deregulated
? The momentum towards liberalisation of the electricity and gas supply industries
continues around the world but progress is varied
? As a region only the EU is moving systematically in a co-ordinated manner towards
deregulation but recent evaluations have revealed shortcomings in progress
? Other markets are developing new structures on an individual country basis
? There is evidence that deregulation does not work as effectively in small markets,
because there is not enough volume to justify a large enough number of participants
at the various levels
? The privatisation of water utilities is totally different from the energy utilities
? It usually involves establishing an operating company to manage the business of the
asset owner, which retains ownership of pipes, treatment works and other plant
? In the past few years there have been an increased number of privatisations of the
water utilities, with
? An increasing number of reversals and withdrawals and escalating opposition
? Some larger operators are now withdrawing from the international WWS market
? In May 2006 three announcements threw the European energy sector into confusion
and it is a difficult stage to predict the outcomes
? After a ?bedding in? period some governments and institutions are now questioning
the success of market liberalisation in the energy sector
Reasons To Buy
? Predict developments by looking at past outcomes
? The report enables you to predict dangerous pitfalls
? Look at opportunities for acquisitions or management concessions
? *Also available with this report a comprehensive list of 250 global regulators including ?