Energy Sector

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Title: Energy Sector

Essay Details:

Subject: English

Author: Brent B

Date: March 31, 2013

Level: University

Grade: A

Length: 39 / 11618

Essay text:

For that reason, in order to assure the efficiency and rationality of this essential sector, some adjustments have been made in it legal and political frame. In 1996, the European Union figured out that the best way to improve the performance of the electricity sector was opening a long but straightforward process of liberalization and deregulation. National companies come into public trying to guarantee competition, costs reduction and efficient management. One of the most relevant examples of this key transformation for the European economy was the Spanish company Endesa. Spain, as other European countries, needed at that moment to update electrical capacities and electrical offer, playing Endesa a decisive role in this period...

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