Abstract

Design and regulatory structure of the power sector is a complicated one. Power sector may have participation of different type of enterprises like government controlled public utilities, private utilities or utilities with the public and private partnership. Decision making is usually affected in such utilities which are regulated and controlled by the government. Deregulation is needed to some extent to ensure the competition in the sector and hence governments come up with the various liberalization policies to reform the sector. Such liberalization policies incorporate next generation reforms in the sector with the combination of restructuring, unbundling and privatization. This paper analyses the reform experience of the power sector of United Kingdom. This paper also outlines the certain regulations of Utilities Act 2000, which helped the sector to adopt the ownership unbundling of supply and distribution.

Keywords: Utilities Act 2000, Supply, Distribution, Reforms, United Kingdom