By Simon Taylor
A well timed contribution and incisive research, this is often the tale of the British scan in privatizing the nuclear strength and its next monetary cave in. It tells how the UK's pioneering position in nuclear strength resulted in undesirable know-how offerings, a badly improper restructuring of the electrical energy and the top of presidency aid for nuclear power.
In this quantity Simon Taylor has mixed interviews with former executives, regulators and analysts together with his personal specific perception into the nuclear to supply an research of the origins of the main issue and the monetary and company suggestions utilized by British strength plc.
Arguing that the inventory industry was once a significant factor within the company's cave in by way of false impression its funds, over-valuing the stocks and giving flawed indications to administration and that the govt coverage of attempting to placed all accountability for nuclear liabilities within the fingers of the personal zone was once neither credible nor sensible. The e-book concludes that failure used to be no longer inevitable yet resulted from a mix of inner and exterior reasons that casts doubt at the coverage of mixing a unconditionally nuclear generator with liberalized energy markets.
This booklet should be of serious curiosity to scholars engaged with the background of nuclear strength within the united kingdom, privatization, rules and fiscal and company procedure, in addition to specialists, coverage makers and strategists within the box.
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Privatisation and Financial Collapse in the Nuclear Industry: The Origins and Causes of the British Energy Crisis of 2002 (Routledge Studies in Business Organizations and Networks) by Simon Taylor