The future of the UK generation sector

David Borrie, Cuneyt Suheyl Ozveren

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

The UK electricity industry was amongst the first in the world to make the transposition from a nationalised monolithic entity towards a deregulated commercially competitive free market model consisting of suppliers, distributors and generators. This neo political market model has now been in place for over fifteen years and in that time both the commercial markets and physical electrical system have undergone a period of continuous and sustained change. This has resulted in an industry that is already radically different from that that existed at the point of its divestiture. This paper examines the possible future development of the industry with particular reference to the generation portfolio. This sector of the industry perhaps faces the most critical period of its development in the immediate future where a range of internal and external influences including environmental regulation, imminent plant retirals, increasingly aggressive commercial markets, and the recent near collapse of the banking sector will inevitably lead to further fundamental change.
Original languageEnglish
Title of host publicationProceedings ofthe 44th International Universities Power Engineering Conference (UPEC2009)
Place of PublicationPiscataway, NJ
PublisherIEEE
Pages1-6
Number of pages6
ISBN (Electronic)9780947649449
ISBN (Print)9781424468232
Publication statusPublished - 2009
Event 44th International Universities Power Engineering Conference - Glasgow, United Kingdom
Duration: 1 Sep 20094 Sep 2009
Conference number: 44

Conference

Conference 44th International Universities Power Engineering Conference
Abbreviated titleUPEC 2009
CountryUnited Kingdom
CityGlasgow
Period1/09/094/09/09

Fingerprint

Industry
Market model
Divestiture
Suppliers
Distributor
Free market
Electricity industry
Generator
Environmental regulation
Banking sector

Cite this

Borrie, D., & Ozveren, C. S. (2009). The future of the UK generation sector. In Proceedings ofthe 44th International Universities Power Engineering Conference (UPEC2009) (pp. 1-6). Piscataway, NJ: IEEE .
Borrie, David ; Ozveren, Cuneyt Suheyl. / The future of the UK generation sector. Proceedings ofthe 44th International Universities Power Engineering Conference (UPEC2009). Piscataway, NJ : IEEE , 2009. pp. 1-6
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Borrie, D & Ozveren, CS 2009, The future of the UK generation sector. in Proceedings ofthe 44th International Universities Power Engineering Conference (UPEC2009). IEEE , Piscataway, NJ, pp. 1-6, 44th International Universities Power Engineering Conference, Glasgow, United Kingdom, 1/09/09.

The future of the UK generation sector. / Borrie, David; Ozveren, Cuneyt Suheyl.

Proceedings ofthe 44th International Universities Power Engineering Conference (UPEC2009). Piscataway, NJ : IEEE , 2009. p. 1-6.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

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AB - The UK electricity industry was amongst the first in the world to make the transposition from a nationalised monolithic entity towards a deregulated commercially competitive free market model consisting of suppliers, distributors and generators. This neo political market model has now been in place for over fifteen years and in that time both the commercial markets and physical electrical system have undergone a period of continuous and sustained change. This has resulted in an industry that is already radically different from that that existed at the point of its divestiture. This paper examines the possible future development of the industry with particular reference to the generation portfolio. This sector of the industry perhaps faces the most critical period of its development in the immediate future where a range of internal and external influences including environmental regulation, imminent plant retirals, increasingly aggressive commercial markets, and the recent near collapse of the banking sector will inevitably lead to further fundamental change.

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Borrie D, Ozveren CS. The future of the UK generation sector. In Proceedings ofthe 44th International Universities Power Engineering Conference (UPEC2009). Piscataway, NJ: IEEE . 2009. p. 1-6