Deregulation body for power industry

Deregulation body for power industry

The electricity industry has been told to establish a new executive body to implement deregulation in 1998 and to set out a detailed plan by the end of January. The recommendations were in a report from PA Consulting commissioned by the electricity regulator, Professor Stephen Littlechild. He said the main responsibility for the changes, which will introduce competition into domestic electricity supply, rested with the electricity companies and generators. There has been mounting criticism of the industry's lack of preparation.

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