A History of Electricity Liberalisation: Origins and Evolution of the Nordic Model
Article from: OGEL 2 (2023), in Electricity Law and Regulation
Abstract
Electricity liberalisation was a trend across western Europe from the early years of the 1990s. Britain and Norway are generally seen as the pioneering European nations in this move towards structural reform and competitive markets. They were amongst the first countries to pass legislation which 'unbundled' their electricity supply industries and introduced competition between generators. This paper focuses on the development and evolution of the Norwegian electricity market. The case is notable because it was the genesis of Nord Pool - the cross-border trade across the Nordic region - ...