NERA Identifies “Myths” Driving Momentum Toward Greater UK Energy Market Regulation

NEW YORK--()--Since the Energy Supply Probe was published in 2008, competition in the British gas and electricity markets has been under intense scrutiny. The British energy regulator and competition authorities are planning to publish their initial assessment of competition in the market before the end of the month. The assessment is the first stage in what could turn into a formal market inquiry.

In the new issue of NERA Economic Consulting’s Energy Market Insights newsletter, Director Sean Gammons, Associate Director Frank Maier-Rigaud and Senior Consultant George Anstey show that the evidence for the widely-repeated argument that the industry is not competitive is limited. They also highlight that poorly designed regulatory interventions have been counter-productive.

Energy Market Insights can be viewed here on NERA’s website.

About NERA

NERA Economic Consulting (www.nera.com) is a global firm of experts dedicated to applying economic, finance, and quantitative principles to complex business and legal challenges. For half a century, NERA's economists have been creating strategies, studies, reports, expert testimony, and policy recommendations for government authorities and the world's leading law firms and corporations. We bring academic rigor, objectivity, and real world industry experience to bear on business and legal issues involving competition, regulation, public policy, strategy, finance, and litigation.

NERA's clients value our ability to apply and communicate state-of-the-art approaches clearly and convincingly, our commitment to deliver unbiased findings, and our reputation for quality and independence. Our clients rely on the integrity and skills of our unparalleled team of economists and other experts backed by the resources and reliability of one of the world's largest economic consultancies. With its main office in New York City, NERA serves clients from more than 25 offices across North America, Europe, and Asia Pacific.

Contacts

NERA Economic Consulting
Benjamin Seggerson, +1-202-466-9232
Senior Manager
ben.seggerson@nera.com

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Contacts

NERA Economic Consulting
Benjamin Seggerson, +1-202-466-9232
Senior Manager
ben.seggerson@nera.com