WATCHING THE WORLD U.K. POWER PRIVATIZATION

with Roger Vielvoye from London The state owned electrical industry in England and Wales has finally been broken into 16 companies in preparation for sale to the public. Privatization not only will revolutionize the way electricity is generated and sold, it will accelerate the growth of competition in Britain's gas industry. Under the new industry structure, the Central Electricity Generating Board (CEGB) has been broken down into two generating companies-National Power and PowerGen-and its

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