Deregulation of the Electrical Industry

Relaxing regulation of the electrical industry The roots of modern regulations go back to the late 1800s and can be found in the form of antitrust. By the beginning of the 20th century, the US government established an interstate commerce committee to regulate the railway industry, and shortly thereafter, many other regulatory committees were established in the area of ​​transportation, communications and securities. The main purpose of these regulatory committees is to establish a reasonable interest structure that attracts producers and consumers.

The first country that received deregulation of energy was UK under the guidance of Margaret Thatcher, who began to relax regulations on the electricity and gas industry in the late 1980s. Since that time, 35 countries, accounting for 44% of the world's energy consumption, are beginning to relax regulations on the energy sector. The map below shows an overview of all 35 countries that have begun to ease the deregulation of the energy market. Most of them are in Europe. In North America, a wide range of deregulation activities are taking place. In the late 1990s, energy deregulation was widely adopted in many states and welcomed as a way to ensure savings for customers across the country. Unfortunately, there were mistakes in some markets, especially the California infamous Enron scandal. Due to these problems, some countries have fully adopted energy deregulation, but still other countries are hesitant to deregulate.

Later on, critics focused on the impact of deregulation on the electricity market on the inappropriateness of the electricity network, deregulation and the electricity market mechanism would be sufficient to build market for new market and maintain system security We did not give incentives. . Ontario participates in energy conservation challenges and events to remind citizens of blackouts in some cities. During these activities, citizens are encouraged to maximize energy saving activities. Small cities such as London, Guelph, Woodstock, Waterloo participate in this issue every year. The last spontaneous power outage date was held on August 14, 2010