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Essay from the year 2009 in the subject Environmental Sciences, grade: A3, University of Abertay Dundee, language: English, abstract: After embarking on an agenda aimed at liberalization of the electricity
industry, the UK government was faced with the question of whether to privatise the nuclear
industry as part of the process. The purpose of this paper is to review the procedure adopted
by the government in an attempt to privatise the industry, how the privatisation program
progressed, the floatation of British Energy as the UK's nuclear energy company as well as
the shortcomings and problems encountered along the way in the privatisation bid. This
paper will critically analyze the Government's actions especially when the privatisation
program developed problems and the Government had to step in with a financial bail-out of
the industry. Finally, the current state of the UK nuclear industry will be discussed and a
short conclusion will follow at the end. [...]