Author: Great Britain: National Audit Office
Publisher: The Stationery Office
ISBN: 0102937001
Category : Business & Economics
Languages : en
Pages : 56
Book Description
In June 2005, the National Grid plc sold four of the eight regional gas distribution networks in Britain for £5.8 billion (those covering Scotland, Wales and the north, south and west of England). The Office of Gas and Electricity Markets (Ofgem), the industry regulator, controls the licenses for operation of these networks; and in making its recommendation on their sale, Ofgem's primary statutory responsibility was to protect the interest of consumers. This NAO report finds that Ofgem successfully fulfilled its duty in relation to the sales, and in seeking to maintain a stable regulatory framework and manage future risks. The sales should help encourage price competition and more efficient working practices, and help deliver potential savings to customers. However, the projected benefits to consumers are subject to uncertainty, given that they are forecast over a long time frame. The report makes a number of recommendations designed to highlight lessons learned in relation to: calculating customer benefits; the internal management of projects involving sales and mergers; and protecting the consumer interest in the future.
Sale of Gas Networks by National Grid
Author: Great Britain: National Audit Office
Publisher: The Stationery Office
ISBN: 0102937001
Category : Business & Economics
Languages : en
Pages : 56
Book Description
In June 2005, the National Grid plc sold four of the eight regional gas distribution networks in Britain for £5.8 billion (those covering Scotland, Wales and the north, south and west of England). The Office of Gas and Electricity Markets (Ofgem), the industry regulator, controls the licenses for operation of these networks; and in making its recommendation on their sale, Ofgem's primary statutory responsibility was to protect the interest of consumers. This NAO report finds that Ofgem successfully fulfilled its duty in relation to the sales, and in seeking to maintain a stable regulatory framework and manage future risks. The sales should help encourage price competition and more efficient working practices, and help deliver potential savings to customers. However, the projected benefits to consumers are subject to uncertainty, given that they are forecast over a long time frame. The report makes a number of recommendations designed to highlight lessons learned in relation to: calculating customer benefits; the internal management of projects involving sales and mergers; and protecting the consumer interest in the future.
Publisher: The Stationery Office
ISBN: 0102937001
Category : Business & Economics
Languages : en
Pages : 56
Book Description
In June 2005, the National Grid plc sold four of the eight regional gas distribution networks in Britain for £5.8 billion (those covering Scotland, Wales and the north, south and west of England). The Office of Gas and Electricity Markets (Ofgem), the industry regulator, controls the licenses for operation of these networks; and in making its recommendation on their sale, Ofgem's primary statutory responsibility was to protect the interest of consumers. This NAO report finds that Ofgem successfully fulfilled its duty in relation to the sales, and in seeking to maintain a stable regulatory framework and manage future risks. The sales should help encourage price competition and more efficient working practices, and help deliver potential savings to customers. However, the projected benefits to consumers are subject to uncertainty, given that they are forecast over a long time frame. The report makes a number of recommendations designed to highlight lessons learned in relation to: calculating customer benefits; the internal management of projects involving sales and mergers; and protecting the consumer interest in the future.
Approval of Large-scale UNDP Assistance to a Project of the Government of the United Republic of Tanzania
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Category :
Languages : en
Pages : 2
Book Description
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Category :
Languages : en
Pages : 2
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National Grid Transco
Author: Great Britain. Office of Gas and Electricity Markets
Publisher:
ISBN:
Category :
Languages : en
Pages : 161
Book Description
Publisher:
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Category :
Languages : en
Pages : 161
Book Description
National Grid Transco
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Category :
Languages : en
Pages : 125
Book Description
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Category :
Languages : en
Pages : 125
Book Description
National Grid Transco - Potential Sale of Gas Distribution Network Businesses
Author: Great Britain. Office of Gas and Electricity Markets
Publisher:
ISBN:
Category :
Languages : en
Pages : 96
Book Description
Publisher:
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Category :
Languages : en
Pages : 96
Book Description
National Grid Transco
Author: Great Britain. Office of Gas and Electricity Markets
Publisher:
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Category :
Languages : en
Pages : 84
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 84
Book Description
National Grid Transco - Potential Sale of Gas Distribution Network Businesses
Author: Great Britain. Office of Gas and Electricity Markets
Publisher:
ISBN:
Category :
Languages : en
Pages : 124
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 124
Book Description
National Grid Transco
Author: Great Britain. Office of Gas and Electricity Markets
Publisher:
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Category :
Languages : en
Pages : 427
Book Description
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Category :
Languages : en
Pages : 427
Book Description
National Grid Transco
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Category : Gas companies
Languages : en
Pages : 145
Book Description
Publisher:
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Category : Gas companies
Languages : en
Pages : 145
Book Description
National Grid Transco - Potential Sale of Gas Distribution Network Businesses
Author: Great Britain. Office of Gas and Electricity Markets
Publisher:
ISBN:
Category :
Languages : en
Pages : 237
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 237
Book Description