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Deregulation and restructuring of the global electricity supply industry and its impact upon power plant suppliers

Lookup NU author(s): Professor Tom McGovern, Professor Christian Hicks

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Abstract

This paper analyses the deregulation and restructuring of the global electricity supply industry and its impact upon fuel usage, generation technologies and suppliers of power plant. Deregulation encouraged the growth of new independent power producers whose business requirements transformed the power plant industry. The plant suppliers had to develop new capabilities and services to compete in the global market. Economies of scale and scope became crucial given the cost of developing the new technologies and providing the services required by the operators. This led to global consolidation of the power plant industry because only large integrated power engineering companies had the necessary resources and capabilities to compete in the new global environment.


Publication metadata

Author(s): McGovern T, Hicks C

Publication type: Article

Publication status: Published

Journal: International Journal of Production Economics

Year: 2004

Volume: 89

Issue: 3

Pages: 321-337

Print publication date: 18/05/2004

ISSN (print): 0925-5273

Publisher: Elsevier

URL: http://dx.doi.org/10.1016/j.ijpe.2004.03.006

DOI: 10.1016/j.ijpe.2004.03.006


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