NERA Identifies 'Myths' Driving Momentum Toward Greater UK Energy Market Regulation

26 March 2014

New York -- Since the Energy Supply Probe was published in 2008, competition in the British gas and electricity markets has been under intense scrutiny. The British energy regulator and competition authorities are planning to publish their initial assessment of competition in the market before the end of the month. The assessment is the first stage in what could turn into a formal market inquiry.

In the new issue of NERA Economic Consulting's Energy Market Insights newsletter, Director Sean Gammons, Senior Consultant George Anstey, and former Associate Director Frank Maier-Rigaud, show that the evidence for the widely repeated argument that the industry is not competitive is limited. They also highlight that poorly designed regulatory interventions have been counter-productive.

Energy Market Insights can be viewed here on NERA's website.

About NERA

NERA Economic Consulting ( is a global firm of experts dedicated to applying economic, finance, and quantitative principles to complex business and legal challenges. For more than six decades, we have been creating strategies, studies, reports, expert testimony, and policy recommendations for government authorities and the world’s leading law firms and corporations. We bring academic rigor, objectivity, and real-world industry experience to issues arising from competition, regulation, public policy, strategy, finance, and litigation.

NERA’s clients value our ability to apply and communicate state-of-the-art approaches clearly and convincingly, our commitment to deliver unbiased findings, and our reputation for quality and independence. Our clients rely on the integrity and skills of our unparalleled team of economists and other experts backed by the resources and reliability of one of the world’s largest economic consultancies. Continuing our legacy as the first international economic consultancy, NERA serves clients from major cities across North America, Europe, and Asia Pacific.