Beginning of Essay
Since the privatisation of the British electricity industry in the early 1990’s the power industry has gone through major structural changes. As with most privatisation of former public companies, (such as the privatisation of British Telecom and British Gas ....

Middle of Essay
.... changes. The privatisation of this industry has seen four main stages: Firstly, British Electricity, a government run industry which was effectively a public monopoly ran from the 1960’s until the first step to privatisation in 1990. This stage on the road to privatisation was to introduce competition in direct supply for customers with over 1MW in demand (around 5000 sites), thus introducing the idea of competition into the industry, allowing a small proportion of the market to be run to a certain extent by the market mechanism. In 1994 the threshold level above which competition was allowed was reduced to 100kW which added another 5 ....