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Author: | Millward, R. |
Title: | Business and government in electricity network integration in Western Europe, c.1900-1950 |
Journal: | Business history
2006 : OCT, VOL: 48:4, p. 479-500 |
Index terms: | economic integration electricity industry supply mergers networks history Europe |
Language: | eng |
Abstract: | In this article, a cross-country comparison is made of the moves to system integration at the national level of electricity supply in several Western European countries. In France, Italy and Spain, private electricity business firms were dominant and large generating enterprises and transporting groups grew through mergers and agreements. In Germany, Scandinavia and the U.K., municipalities were more common and were resistant to mergers and network development. By the 1940s, several national networks had emerged but hardly any were nationally managed in the sense of ensuring electricity was everywhere supplied. The economic gains from integration are considered. It is argued that the development was successful where central governments became actively involved. |
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