The electrical transition in Spain: from traditional regulation to market regulation, 1982-1996
DOI:
https://doi.org/10.1344/rhi.v25i61.21335Keywords:
Regulation and industrial policy, electric utilities, business history, SpainAbstract
In the last quarter of the 20th century, economic regulation in the Spanish electricity sector has changed dramatically. Energy policy and the behaviour of utilities companies in Spain should be understood in light of the following contexts: the energy and economic crisis in the 1970s; the political transition towards a democratic regime, and the incorporation of Spain into the European Union. As shown through the aspects analysed in this article, traditional regulation in the Spanish electrical sector did not obtain the desired levels of efficiency. This traditional regulation, which went against competitive regulation put into practice in leading nations, was widely questioned. Any explanation of current regulation deficiencies in the Spanish electricity market, however, should take into account not only the current regulation models but also the “path dependence” in the industrial organization of utilities companies, which historically has been very concentrated in Spain.Downloads
Downloads
Published
How to Cite
Issue
Section
License
El/la autor/a cede los derechos al/la editor/a. Creative Commons
El/la autor/a que publica en esta revista está de acuerdo con los términos siguientes:- El/la autor/a cede en exclusiva todos los derechos de propiedad intelectual al/la editor/a para todo el mundo y toda la duración de los derechos de propiedad intelectual vigentes aplicables.
- El/la editor/a difundirá los textos con la licencia de reconocimiento de Creative Commons que permite compartir la obra con terceros, siempre que éstos reconozcan su autoría, su publicación inicial en esta revista y las condiciones de la licencia.