Global climate change and the war in Ukraine have put energy back on the agenda for Europe in a way that has not been seen since the oil crisis of the 1970s. But the economics and business of supplying energy to Europe has a long and rich history going back to the nineteenth century. This book explores changes in energy markets, strategies, firms and investments during the nineteenth and twentieth centuries. The primary focus is on manufactured gas—the gas that was initially produced from coal distillation until new ways of manufacturing gas emerged after the Second World War. The expert contributors to this volume draw on their extensive research and utilise primary sources to explore a wide range of issues, including technological adaptation, market regulation, energy investments (particularly the role of foreign capital), gas consumption and supply issues. The case studies are particularly drawn from Spain, France and Italy, but the authors provide a comparative and global perspective to consider the wider context. The volume closes with an epilogue that brings the story into the present day to consider current issues affecting gas markets in the EU, including war, geostrategy and pipelines. This book will be of interest to readers in economic history, business history, energy history, the history of public utilities and modern European history more broadly.

Power to the People examines the varied but interconnected relationships between energy consumption and economic development in Europe over the last five centuries. It describes how the traditional energy economy of medieval and early modern Europe was marked by stable or falling per capita energy consumption, and how the First Industrial Revolution in the eighteenth century--fueled by coal and steam engines--redrew the economic, social, and geopolitical map of Europe and the world. The Second Industrial Revolution continued this energy expansion and social transformation through the use of oil and electricity, but after 1970 Europe entered a new stage in which energy consumption has stabilized. This book challenges the view that the outsourcing of heavy industry overseas is the cause, arguing that a Third Industrial Revolution driven by new information and communication technologies has played a major stabilizing role. Power to the People offers new perspectives on the challenges posed today by climate change and peak oil, demonstrating that although the path of modern economic development has vastly increased our energy use, it has not been a story of ever-rising and continuous consumption. The book sheds light on the often lengthy and complex changes needed for new energy systems to emerge, the role of energy resources in economic growth, and the importance of energy efficiency in promoting growth and reducing future energy demand.

Global climate change and the war in Ukraine have put energy back on the agenda for Europe in a way that has not been seen since the oil crisis of the 1970s. This book explores changes in energy markets, strategies, firms and investments during the 19th and 20th centuries.

. . . it s a valuable and laudable work. . . I found it interesting and helpful to have an account of the parallel developments in the other two countries. . . An analysis of important aspects of British and French energy policy development based on primary sources is a worthwhile contribution. A broad comparative synthesis of energy policy in the three countries is also a worthwhile contribution. John Neufeld, EH.NET The main objective of this very interesting book is to analyse from economic history and political economy perspectives the similarities and differences in the forms that the electricity sector has been organized and the ways that energy policy has developed in Britain, France, and the US. The book s organization and the clarity of the writing make for a highly rewarding read. . . Chick has dedicated many years to studying the electricity sector, and this book demonstrates his mastery of this complex industry. . . Chick s book will be of decided interest to energy specialists, but it will also appeal to a broader readership including economic historians, political economists, and other social scientists who wish to understand the crucial role that energy has played in international politics, economic growth, and human welfare during the period since the Second World War. Judith Clifton, The Economic History Review Chick s superb study of this crucial sector goes right to the heart of a number of problems associated with markets and government, casting light on each. It also sheds light in unexpected areas, and in particular on the history of economic thought. Above all, this volume succeeds admirably in fusing the best techniques of business and economic history to show why history matters for present-day policy. Roger Middleton, Business History This history of the post-WWII electricity supply industry in France, Great Britain and the US is well researched and well written. . . The author draws on newly available archival material to develop a sophisticated, deeply informed portrayal of the evolutionary process in each nation. . . This well-crafted industrial history should be of interest to practitioners and policy makers as well as students and scholars. Highly recommended. R.C. Singleton, Choice Nationalisation, regulation, privatisation: beyond polemics, history lessons by Martin Chick. Alain Beltran, Université Panthéon-Sorbonne, France International economic history is not just concerned with flows of capital and goods. It involves comparisons of the economic policy and organisation of specific economic sectors. In this excellent book, Martin Chick examines energy policy issues, policy formation, policy makers and their advisers, in USA, France and Britain, drawing on original archive sources. He brings out the importance of strategic issues, including security, in the switch from coal to oil and natural gas, the European debate on coal and steel, pricing in electricity supply and finally privatisation and liberalisation of markets. It is a fine exercise in political economy and will appeal to scholars and students of politics as well as of history, economics and business studies. Robert Millward, University of Manchester, UK Analyzing the work of economic theorists and policy practitioners from the 1840s to the present, this sophisticated historical account helps scholars understand better the profound obstacles to making successful energy policy today. In particular, the cross-national study highlights the primacy of social, political, and historical forces over rational economic theory, demonstrating that energy policy making has never been (and will likely never become) a pure science based on cherished academic principles such as marginal-cost pricing. Richard Hirsh, Consortium on Energy Restructuring, Virginia Tech, US Martin Chick s overview of the formation and implementation of energy policy in three countries since 1945 is a remarkable achievement. Writing clearly, confidently a

This book analyses the economic history of the nuclear program in Spain, from its inception in the 1950s to the nuclear moratorium in the early 1980s, and investigates the economic, financial and business origins of atomic energy in Spain. The actual dimension of the Spanish nuclear sector, which exceeded the relative economic and political clout of the country at the time, reflects the combination of domestic and foreign interests. Each contribution inserts the Spanish case within the international development of nuclear energy, but also shows how the Spanish nuclear program came about, how it was financed, and who the main architects and beneficiaries at the industrial, financial, commercial and banking levels were; all without losing sight of the energy policy aspects such as energy mix and energy security. The volume provides useful analysis and sources for a variety of core fields across the social sciences including economic history of post-war Europe, industrial and energy policy, international relations and history of technology.

By examining all of Europe in a single study, an eminent geographer and expert on European development makes, in this volume, a unique contribution to the understanding of the changing energy relations of the European countries, east and west. The book examines the problem of establishing a reliable energy supply base in western Europe through structural changes and alternate and substitute energy sources. The volume also evaluates western European security problems arising from present and future reliance on Soviet energy and relates this to North Sea supplies of gas and oil, indigenous and import supplies, and nuclear power generation.