Privatizing and liberalizing electricity, the case of Hungary

Privatizing and liberalizing electricity, the case of Hungary

Hungary, a forerunner in Eastern reforms, has boldly privatized its energy sector with foreign capital. While in the West liberalization resulted in electricity abundance and dramatical tariff cuts, in Hungary as a result of asymmetric market opening it brought excess capacites, transparent cost bas...

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Veröffentlicht in:Energy policy 2001-11, Vol.29 (13), p.1119-1132
1. Verfasser: Bakos, Gábor
Format: Artikel
Sprache:eng
Schlagworte:
Applied sciences
Case studies
Costs
Economic data
Electric energy
Electric power
Electric utilities
Electricity
Energy
Energy economics
Energy industry
Energy policy
Exact sciences and technology
Foreign investments
Foreign source income
General, economic and professional studies
Hungary
Investors
Liberalization
Policy studies
Privatization
Regulation
Studies
Tariffs
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Beschreibung
Zusammenfassung:Hungary, a forerunner in Eastern reforms, has boldly privatized its energy sector with foreign capital. While in the West liberalization resulted in electricity abundance and dramatical tariff cuts, in Hungary as a result of asymmetric market opening it brought excess capacites, transparent cost base prices, but lower tariffs are still ahead. Foreign investors made the branch profitable and are planning to expand capacities.
ISSN:0301-4215
1873-6777
DOI:10.1016/S0301-4215(01)00043-X