Comparative Synthesis of Electricity Supply in Britain and China
Abstract
This paper illustrates the case of Britain and China and compare power supply companies' ownership, efficiency level, cooperation with non-governmental organizations, and supervision methods. We could conclude that privatization and centralization had various benefits and challenges, and the government plays different roles in electricity supply. For example, the centralization could have relatively unified quality, but privatization may suffer different quality levels that need to have supervision. Also, the privatized market is highly competitive compared with the centralized market, which means the government plays a relatively weak role in the electricity market, and the privatized market could reflect the consumers' needs with high efficiency. Also, we mention the importance of NGOs in the electricity supply for all cases. To sum up, having a healthy electricity supply industry requires the cooperation of the government, power suppliers, and consumers to obtain a healthy development of the industry.
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DOI: http://dx.doi.org/10.18686/mmf.v6i9.9981
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