Abstract
When the old Central Electricity Generating Board (CEGB) for England and Wales was broken up in 1990 into its constituent parts, the high-voltage transmission company—the National Grid Company (NGC)—had to develop a set of transmission charges for the generator companies and their customers. In the excitement over the creation of a competitive market in electricity, the basis for transmission charges received relatively little attention. As a result, problems arose within a year or two of privatization,1 mainly from the inadequate differentiation of charges by location and from the treatment of transmission constraints.
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References
National Grid Company. 1992. “Transmission Use of System Charges Review: Proposed Investment Cost Related Pricing for Use of System.” National Grid Company, London, June 30.
OFFER. 1992a. “Report on Constrained-on Plant.” Birmingham, October.
OFFER. 1992b. “A Statement by the Director General of Electricity Supply: NGC Transmission Use of System Charges.” Birmingham, November 27.
“Power Plan Aims for Stable Prices.” 1993. Financial Times, January 7, p. 7.
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© 1994 Springer Science+Business Media New York
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Hunt, S., Shuttleworth, G. (1994). Transmission Pricing in England and Wales. In: Einhorn, M.A. (eds) From Regulation to Competition: New frontiers in electricity markets. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-1368-7_5
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DOI: https://doi.org/10.1007/978-94-011-1368-7_5
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-4598-8
Online ISBN: 978-94-011-1368-7
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