Restructuring the Hong Kong gas industry

In July 1995, the Consumer Council of Hong Kong published a report on the gas industry in Hong Kong. The Report attacked the non-interventionist and safety policies of the government as having helped the town gas monopolist to earn excessive profits, to the detriment of its customers. The Report pro...

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Bibliographic Details
Published in:Energy policy 1996-08, Vol.24 (8), p.713-722
Main Author: Lam, Pun-Lee
Format: Article
Language:English
Subjects:
Applied sciences
Comparative studies
Competition
Consumer organizations
Councils
Economic data
Economic models
Energy
Energy economics
Energy industry
Energy policy
Exact sciences and technology
Fossil fuels and derived products
Gas
Gas industry
General, economic and professional studies
Hong Kong
Industry profiles
Proposals
Q1
Regulation
Reorganization
Restructuring
Statistical analysis
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Summary:In July 1995, the Consumer Council of Hong Kong published a report on the gas industry in Hong Kong. The Report attacked the non-interventionist and safety policies of the government as having helped the town gas monopolist to earn excessive profits, to the detriment of its customers. The Report proposed a restructuring of the gas industry, with an aim of introducing competition into the industry. This paper discusses the structure and performance of the energy industry in Hong Kong, outlining the major proposals of the Consumer Council and its methodology pitfalls. Based on the experiences of industry restructuring in the USA and UK, the author provides an alternative approach to restructuring the gas industry in Hong Kong.
ISSN:0301-4215
1873-6777
DOI:10.1016/0301-4215(96)00037-7