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Privatization and Financial Collapse in the Nuclear Industry

Privatization and Financial Collapse in the Nuclear Industry : The Origins and Causes of the British Energy Crisis of 2002. 原子力産業における民営化と財政破綻 -2002年の英国のエネルギー危機の起源と原因-

・ISBN 978-0-415-43175-0 2007 hard GB£ 210.00

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・ISBN 978-0-415-54200-5 2012 paper GB£ 50.99

¥16,153.- (税込) (※)価格はご注文時の参考価格となります。
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電子版あり 大学・学術機関向け電子ブック(eBook)ISBN 978-0-429-24174-1

著者・編者Taylor, Simon,
シリーズRoutledge Studies in Business Organizations and Networks
出版社(Routledge, UK)
ページ数272 pp.
言語ENG
ニュース番号<547-218>

解説

A timely contribution and incisive analysis, this is the story of the British experiment in privatizing the nuclear power industry and its subsequent financial collapse. It tells how the UK's pioneering role in nuclear power led to bad technology choices, a badly flawed restructuring of the electricity industry and the end of government support for nuclear power.

In this volume Simon Taylor has combined interviews with former executives, regulators and analysts with his own unique insight into the nuclear industry to provide an analysis of the origins of the crisis and the financial and corporate strategies used by British Energy plc.

Arguing that the stock market was a major factor in the company's collapse by misunderstanding its finances, over-valuing the shares and giving wrong signals to management and that the government policy of trying to put all responsibility for nuclear liabilities in the hands of the private sector was neither credible nor realistic. The book concludes that failure was not inevitable but resulted from a mixture of internal and external causes that casts doubt on the policy of combining a wholly nuclear generator with liberalized power markets.

This book will be of great interest to students engaged with the history of nuclear power in the UK, privatization, regulation and financial and corporate strategy, as well as experts, policy makers and strategists in the field.