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Traditional Electricity Systems in Spain: Fensa (1927-1991)*

  • Josean Garrués-Irurzun (a1)
Abstract
Abstract

Because the literature of European economic history has paid little attention to traditional electricity systems, the interest in studying Fensa lies in analysing the different types of companies, which helped to shape the development of the Spanish electricity sector prior to its present oligopolistic structure. This case provides insight into two issues. First, we learn about the behaviour of the second-generation companies (those that based their production on a controlled hydropower regime), which, despite their limited size, made their commercial specialisation (supplying the dynamic industrial market of Guipúzcoa) their main comparative advantage. Second, we analyse the behaviour of those companies which at this time, as distribution companies and/or subsidiaries of the large Spanish companies (Iberduero), were an instrument of the policy of integrating regional markets.

Resumen

En un contexto historiográfico europeo que ha prestado poca atención a los sistemas eléctricos tradicionales (SET), el interés de estudiar Fensa reside en analizar los diferentes tipos de empresas que fueron configurando el desarrollo del sector eléctrico español antes de su actual estructura oligopolística. Este caso permite conocer, por un lado, el comportamiento de aquellas compañías de segunda generación –las que basaron su explotación en un régimen hidráulico regulado– que, a pesar de su limitado tamaño, hicieron de su especialización comercial (el abastecimiento del dinámico mercado industrial de Guipúzcoa) su principal ventaja comparativa. Y, por otro, analizar la actuación de aquellas firmas que se convirtieron, ya como distribuidoras y/o filiales de las grandes empresas españolas (Iberduero), en un instrumento de la política de integración de sus mercados regionales.

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This list contains references from the content that can be linked to their source. For a full set of references and notes please see the PDF or HTML where available.

J. Garrués (2010): «Market Power vs. Regulatory Power in the Spanish Electricity System, 1973-1996». Renewable & Sustainable Energy Reviews, 14, pp. 655-666.

J. Garrués S. López (2009): «Red Eléctrica de España S.A.: Instrument of Regulation and Liberalization of the Spanish Electricity Market (1944-2004)». Renewable & Sustainable Energy Reviews, 13, pp. 2061-2069.

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Revista de Historia Economica - Journal of Iberian and Latin American Economic History
  • ISSN: 0212-6109
  • EISSN: 2041-3335
  • URL: /core/journals/revista-de-historia-economica-journal-of-iberian-and-latin-american-economic-history
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