Privatisation And Financial Collapse In The Nuclear Industry The Origins And Causes Of The British Energy Crisis Of 2002

Privatisation And Financial Collapse In The Nuclear Industry The Origins And Causes Of The British Energy Crisis Of 2002

von: Simon Taylor

Routledge, 2008

ISBN: 9780203946275

Sprache: Englisch

273 Seiten, Download: 1574 KB

 
Format:  PDF, auch als Online-Lesen

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Privatisation And Financial Collapse In The Nuclear Industry The Origins And Causes Of The British Energy Crisis Of 2002



The financial crisis that engulfed British Energy in 2002 was seized upon by opponents of nuclear energy as evidence that the technology could never be economic. Yet nuclear stations are operating profitably in the UK today and in many other counties. Simon Taylor offers a perceptive analysis of the history and causes of the crisis and draws important lessons for a world which seems on the brink of a major new wave of investment in nuclear energy. Malcolm Grimston (Chatham House, UK)

In a world with rapidly growing demand for electric power and a growing interest in reexamining nuclear power as the solution, this is an important book Herbert G. Thompson, Jr (Ohio University, USA)

Taylor tells an entertaining, but not a happy, story which offers some deep insights into the problems that BE faced. Essential reading. - Power UK

A study in corporate failure, this book examines the financial collapse of the privatised nuclear power company British Energy plc. Drawing on exclusive interviews with formers executives from the company and its competitors, the electricity regulators, financial advisors and investors and academic experts on electricity pricing and nuclear power, Taylor analyzes how the company's financial collapse was rooted in the post-war history of British nuclear power. The author, a former City financial analyst turned academic economist based at Cambridge University, uses his extensive experience in the fields of economics, finance and corporate strategy to provide readers with an excellent account of privatisation and financial collapse in the energy sphere that conveys the reality of management decisions and the pressures of commercial and financial markets.

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