Bibliographic Citation
| Document | For copies of Journal Articles, please contact the Publisher or your local public or university library and refer to the information in the Resource Relation field. For copies of other documents, please see the Availability, Publisher, Research Organization, Resource Relation and/or Author (affiliation information) fields and/or Document Availability. |
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| Title | Competition law and British natural gas regulation |
| Creator/Author | Black, A.J. |
| Publication Date | 1992 Jan 01 |
| OSTI Identifier | OSTI ID: 6917976 |
| Other Number(s) | ISSN0270-9163; CODEN: ELJOEA |
| Resource Type | Journal Article |
| Resource Relation | Energy Law Journal ; Vol/Issue: 13:2 |
| Subject | 293000 -- Energy Planning & Policy-- Policy, Legislation, & Regulation ;294003 -- Energy Planning & Policy-- Natural Gas ;031000 -- Natural Gas-- Legislation & Regulations; COMPETITION-- LEGAL ASPECTS;NATURAL GAS INDUSTRY-- MONOPOLIES;UNITED KINGDOM-- LEGISLATION; MEMBER STATES;PRICES;PRICING REGULATIONS |
| Related Subject | DEVELOPED COUNTRIES;EUROPE;INDUSTRY;REGULATIONS |
| Description/Abstract | British Gas (BG) is a seriously successful monopolist which, since its 1986 privatisation, is acing increased regulation by the Office of Gas Supply (OFGAS).^OFGAS is the first public body specifically created to regulate a European gas industry.^It employs a rate-capping formula instead of the more labour intensive rate-of-retum method favoured in North America.^Despite initial criticisms, OFGAS has surprised industry observers with efficacious results.^This article succinctly discusses the process of natural gas industry privatisation in the United Kingdom (U.K.) and the development of a British type of [open quotes]open access.[close quotes] Contemporary British gas regulation is a distinct paradigm involving the privatisation of a vertically integrated pipeline system coupled with an altemative regulatory method.^These regulatory results include lower prices for core customers and the promotion of third party direct sales within the U.K.^Since Britain leads the European Community (E.C.) in common carriage provisions, the regulatory r6gime here provides a benchmark for the other Member States. |
| Country of Publication | United States |
| Language | English |
| Format | Pages: 359-374 |
| System Entry Date | 2001 May 13 |
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Last Updated: 02/16/2009