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A study in corporate failure, this book examines the financial collapse of the privatised nuclear power company British Energy plc. Drawing on exclusive interviews with formers executives from the company and its competitors, the electricity regulators, financial advisors and investors and academic experts on electricity pricing and nuclear power, Taylor analyzes how the company's financial collapse was rooted in the post-war history of British nuclear power. The author, a former City financial analyst turned academic economist based at Cambridge University, uses his extensive experience in the fields of economics, finance and corporate strategy to provide readers with an excellent account of privatisation and financial collapse in the energy sphere that conveys the reality of management decisions and the pressures of commercial and financial markets.
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This book is printed on demand. (allow 1-2 weeks for printing) in this volume simon taylor has combined interviews with former executives, regulators and analysts with his own unique insight into the nuclear industry to provide an analysis of the origins of the crisis and the financial and corporate strategies used by british energy plc. a timely contribution and incisive analysis, this is the story of the british experiment in privatizing the nuclear power industry and its subsequent financial collapse. it tells how the uk's pioneering role in nuclear power led to bad technology choices, a badly flawed restructuring of the electricity industry and the end of government support for nuclear power. in this volume simon taylor has combined interviews with former executives, regulators and analysts with his own unique insight into the nuclear industry to provide an analysis of the origins of the crisis and the financial and corporate strategies used by british energy plc. arguing that the stock market was a major factor in the company's collapse by misunderstanding its finances, over-valuing the shares and giving wrong signals to management and that the government policy of trying to put all responsibility for nuclear liabilities in the hands of the private sector was neither credible nor realistic. the book concludes that failure was not inevitable but resulted from a mixture of internal and external causes that casts doubt on the policy of combining a wholly nuclear generator with liberalized power markets. this book will be of great interest to students engaged with the history of nuclear power in the uk, privatization, regulation and financial and corporate strategy, as well as experts, policy makers and strategists in the field. (Hardback) 
PLEASE NOTE: All books are promptly imported from the UK using DHL or Royal Mail international mail WITH TRACKING NUMBER. Print on demand title. D elivery is typically 8-12 working days. Please do not select expedited shipping. Professional and reliable bookseller (est.1987). In this volume Simon Taylor has combined interviews with former executives, regulators and analysts with his own unique insight into the nuclear industry to provide an analysis of the origins of the crisis and the financial and corporate strategies used by British Energy plc.... 
PLEASE NOTE: All books are promptly imported from the UK using DHL or Royal Mail international mail WITH TRACKING NUMBER. Delivery is typically 5-10 working days. Please do not select expedited shipping. Professional and reliable bookseller (est.1987). In this volume Simon Taylor has combined interviews with former executives, regulators and analysts with his own unique insight into the nuclear industry to provide an analysis of the origins of the crisis and the financial and corporate strategies used by British Energy plc.... 
This book is printed on demand (allow 1-2 weeks for printing) examines the financial collapse of the privatised nuclear power company british energy plc. this book provides readers with an account of privatisation and financial collapse in the energy sphere that conveys the reality of management decisions and the pressures of commercial and financial markets. 25 black & white illustrations, 20 black & white tables, 25 black & white line drawings (Hardback) 