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New accountabilities in utilities: fifty years of legal accountability in the gas industry

Conrad, Lynne and Waddams Price, Catherine (2001) New accountabilities in utilities: fifty years of legal accountability in the gas industry Energy Policy, 29, (15), pp. 1357-1361. (doi:10.1016/S0301-4215(01)00042-8).

Record type: Article

Abstract

Privatisation was to have released the nationalised industries from the ‘dead hand of government’. Regulation with a ‘light hand’ was imposed to curb abuse of monopoly power. But as the industries have matured in the private sector we have seen regulation extended to cover a wider area, both in theory and in practice. This paper examines the change in responsibilities and the way they are divided between industry, regulator and government, tracing the legal accountability of the UK gas industry through nationalisation, privatisation and more recent regulation reform as an example. It concludes by questioning the appropriateness of the ‘vertical separation’, instituted by the privatisation and competition legislation, of responsibilities for the public interest and for organisational operations.

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Published date: December 2001
Keywords: ublic interest, regulated utilities, accountability
Organisations: Centre of Excellence in Decision, Analytics & Risk Research

Identifiers

Local EPrints ID: 344826
URI: http://eprints.soton.ac.uk/id/eprint/344826
ISSN: 0301-4215
PURE UUID: a69578d9-733b-4d99-af3f-177dbc658b51

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Date deposited: 16 Nov 2012 11:47
Last modified: 18 Jul 2017 05:13

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Contributors

Author: Lynne Conrad
Author: Catherine Waddams Price

University divisions

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