Energy market liberalization

SDIA definition

Wikipedia defines energy market liberalization as follows:

The liberalisation of energy markets, with specific reference to electricity generation markets, brings greater competition into electricity and gas markets in the interest of creating more competitive markets and reductions in price by privatisation. As the supply of electricity is a natural monopoly, this entails complex and costly systems of regulation to enforce a system of competition.

Other definitions

Related SDIA publications

Related non-SDIA publications