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This book examines the history and prospects of the European energy sector for the last twenty-five and the next twenty-five years. The authors' analysis is rooted in a careful examination of the factors that have shaped energy in Europe over the last quarter-century: its regulatory systems, its corporate structures, and its regulatory and environmental structures. They conclude that whatever major changes may occur, the structures of the twentieth century are not going to yield easily to economic internationalization, nor to political environmentalism.
This book investigates the persistence of established European energy structures against the pressures of economic internationalization and political environmentalism. The authors, Helge O. Bergesen, Kjell Roland, and Torleif Haugland, utilize a longitudinal analysis of the European energy sector to evaluate how regulatory and corporate frameworks have evolved over the past twenty-five years. By examining these historical constraints, they provide a projection for the sector's trajectory over the subsequent quarter-century. The work argues that institutional inertia remains a dominant force in shaping energy policy, resisting rapid shifts toward globalized markets or environmental reform.
What You Will Find
Experts recognize this text as a significant contribution to the study of institutional path dependency within the European energy market. Readers frequently note the academic density of the prose, which serves as a foundational resource for understanding the structural barriers to energy transition.
Page Count:
344
Publication Date:
1998-04-23
Publisher:
Oxford University Press
ISBN-10:
0198233604
ISBN-13:
9780198233602
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