Gas And Electricity Act 1968
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Gas And Electricity Act 1968
The Gas and Electricity Act 1968 (c. 39) is an act of the Parliament of the United Kingdom which extended the powers of the Gas Council, the area gas boards and the Electricity Council to borrow money, including foreign currency, to meet their obligations; it permitted statutory gas and electricity bodies to render technical aid overseas; and allowed further member  appointments to the Electricity Council. The Act was principally in response to a rapid growth of the gas industry following the discovery of North Sea gas on the UK Continental Shelf in 1965. Background The government recognised that there had been significant technological development in the gas industry since the first natural gas was discovered in the UK sector of the North Sea in 1965. This included major capital investments in onshore terminals and cross-country pipelines. It was envisaged that sales of gas would double by 1970/71 and double again by 1973.Hansard, House of Commons 2 May 1968 Both the gas and ...
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List Of Acts Of The Parliament Of The United Kingdom From 1968
Public General Acts Local Acts See also * List of Acts of the Parliament of the United Kingdom ReferencesCurrent Law Statutes Annotated 1968 {{UK legislation 1968 The year was highlighted by protests and other unrests that occurred worldwide. Events January–February * January 5 – "Prague Spring": Alexander Dubček is chosen as leader of the Communist Party of Czechoslovakia. * Januar ...
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United Kingdom Continental Shelf
The UK Continental Shelf (UKCS) is the region of waters surrounding the United Kingdom, in which the country has mineral rights. The UK continental shelf includes parts of the North Sea, the North Atlantic, the Irish Sea and the English Channel; the area includes large resources of oil and gas. The UK continental shelf is bordered by Norway, Denmark, Germany, the Netherlands, Belgium, France, and the Republic of Ireland. A median line, setting out the domains of each of these nations, was established by mutual agreement between them: - see the Continental Shelf Act 1964. Responsibility for the mineral rights of the UKCS rests with the Oil and Gas Authority part of Department for Business, Energy and Industrial Strategy (BEIS), which awards licences to oil companies to produce hydrocarbons from specific areas and regulates how much they can produce over what period. The UKCS is divided into numbered rectangular Quadrants, each one degree of latitude by one degree of longitude.{{Ci ...
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United Kingdom Acts Of Parliament 1968
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965-19 ...
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British Gas
British Gas (trading as Scottish Gas in Scotland) is an energy and home services provider in the United Kingdom. It is the trading name of British Gas Services Limited and British Gas New Heating Limited, both subsidiaries of Centrica. Serving around twelve million homes in the United Kingdom, British Gas is the biggest energy supplier in the country, and is considered one of the Big Six dominating the gas and electricity market in the United Kingdom. History 1812–1948 The Gas Light and Coke Company was the first public utility company in the world. It was founded by Frederick Albert Winsor and incorporated by Royal Charter on 30 April 1812 under the seal of King George III. It continued to thrive for the next 136 years, expanding into domestic services whilst absorbing many smaller companies including the Aldgate Gas Light and Coke Company (1819), the City of London Gas Light and Coke Company (1870), the Equitable Gas Light Company (1871), the Great Central Gas Consumer' ...
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Gas Board
The area gas boards were created under the provisions of the Gas Act 1948 enacted by Clement Attlee's post-war Labour government. The Act nationalised the British gas industry and also created the Gas Council. History From the early 19th century the gas supply industry in the United Kingdom was mainly operated by local authorities and private companies. A flammable gas (known as "town gas" or "coal gas") was piped to commercial, domestic and industrial customers for use as a fuel and for lighting. It was marketed to consumers by such means as the National Gas Congress and Exhibition in 1913. The gas used in the 19th and early 20th centuries was coal gas but in the period 1967–77 coal gas supplies were replaced by natural gas, first discovered in the UK North Sea in 1965. Nationalisation In 1948 Clement Attlee's Labour government reshaped the gas industry, enacting the Gas Act 1948. The act nationalised the UK gas industry and 1,064 privately owned and municipal gas companies ...
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Oil And Gas Industry In The United Kingdom
The oil and gas industry plays a central role in the economy of the United Kingdom. Oil and gas account for more than three-quarters of the UK's total primary energy needs. Oil provides 97 per cent of the fuel for transport, and gas is a key fuel for heating and electricity generation. Transport, heating and electricity each account for about one-third of the UK's primary energy needs. Oil and gas are also major feedstocks for the petrochemicals industries producing pharmaceuticals, plastics, cosmetics and domestic appliances. Although UK Continental Shelf production peaked in 1999, in 2016 the sector produced 62,906,000 cubic metres of oil and gas, meeting more than half of the UK's oil and gas needs. There could be up to 3.18 billion cubic metres of oil and gas still to recover from the UK's offshore fields. In 2017, capital investment in the UK offshore oil and gas industry was £5.6 billion. Since 1970 the industry has paid almost £330 billion in production tax. About 280,000 j ...
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Electricity Act 1989
The Electricity Act 1989 (c. 29) provided for the privatisation of the electricity supply industry in Great Britain, by replacing the Central Electricity Generating Board in England and Wales and by restructuring the South of Scotland Electricity Board and the North of Scotland Hydro-Electric Board. The Act also established a licensing regime and a regulator for the industry called the Office of Electricity Regulation (OFFER), which has since become the Office of Gas and Electricity Markets (OFGEM). Background The liberalisation and privatisation of the energy markets in the United Kingdom began with the Margaret Thatcher government in the 1980s. This has been called the Thatcher-Lawson agenda, due to the key role of Nigel Lawson the Chancellor of the Exchequer (1983–89) in the Thatcher cabinet. The Government recognised that the electricity industries in Europe and the United States operated successfully under private ownership. In contrast the Central Electricity Generating ...
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Gas Act 1972
The Gas Act 1972 (1972 c. 60) was an Act of the Parliament of the United Kingdom which restructured the British gas industry. It established the British Gas Corporation to exercise full responsibility for the oversight, control and operation of the gas industry. The twelve autonomous Area Gas Boards which had managed the industry in their areas now became regions of the British Gas Corporation. The Gas Council, also established under the Gas Act 1948, was abolished and the Gas Act 1948 was repealed. The provisions of the Act came into force on 1 January 1973. Background The principal role of the twelve Area Gas Boards, established under the Gas Act 1948, was to maintain a supply of gas to match the demand. This was through the operation of local gas works manufacturing gas by coal carbonisation or catalytic reforming of refinery light-end products such as methane, naphtha or light oils. The advent of natural gas from the North Sea, first landed onshore in 1967, shifted the con ...
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Royal Assent
Royal assent is the method by which a monarch formally approves an act of the legislature, either directly or through an official acting on the monarch's behalf. In some jurisdictions, royal assent is equivalent to promulgation, while in others that is a separate step. Under a modern constitutional monarchy, royal assent is considered little more than a formality. Even in nations such as the United Kingdom, Norway, the Netherlands, Liechtenstein and Monaco which still, in theory, permit their monarch to withhold assent to laws, the monarch almost never does so, except in a dire political emergency or on advice of government. While the power to veto by withholding royal assent was once exercised often by European monarchs, such an occurrence has been very rare since the eighteenth century. Royal assent is typically associated with elaborate ceremony. In the United Kingdom the Sovereign may appear personally in the House of Lords or may appoint Lords Commissioners, who announce ...
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North Sea Gas
North Sea oil is a mixture of hydrocarbons, comprising liquid petroleum and natural gas, produced from petroleum reservoirs beneath the North Sea. In the petroleum industry, the term "North Sea" often includes areas such as the Norwegian Sea and the area known as "West of Shetland", "the Atlantic Frontier" or "the Atlantic Margin" that is not geographically part of the North Sea. Brent crude is still used today as a standard benchmark for pricing oil, although the contract now refers to a blend of oils from fields in the northern North Sea. From the 1960s to 2014 it was reported that 42 billion barrels of oil equivalent (BOE) had been extracted from the North Sea since when production began, and there is still a potential of 24 billion BOE left remaining there, which is equivalent to about 35 years worth of production, the North Sea will remain as an important petroleum reservoir for years to come. History 1851–1963 Commercial extraction of oil on the shores of the North Sea ...
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Gas Act 1948
The Gas Act 1948 (11 & 12 Geo. 6. c. 67) was an Act of Parliament, Act of the Parliament of the United Kingdom which Nationalization, nationalised, or bought into state control, the gas making and supply industry in Great Britain. It established 12 Area Gas board, Gas Boards to own and operate all public gas making, distribution and sales facilities and created a central authority: the Gas Council. It vested the existing local authority and company owned gas undertakings into the Area Boards with effect from 1 May 1949. The Gas Act 1948 was one of a number of Acts promulgated by the post-war Labour government to nationalise elements of the UK's industrial infrastructure; other Acts include the Coal Industry Nationalisation Act 1946; the Electricity Act 1947; Transport Act 1947 (railways and long-distance road haulage); and the Iron and Steel Act 1949. Background Prior to nationalisation of the gas industry there were about 1,064 gas supply undertakings in Britain; about one-thi ...
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Electricity Council
The Electricity Council was a governmental body set up in 1958 to oversee the electricity supply industry in England and Wales. The council was established on 1 January 1958 to assume the coordinating and policy-making functions of the Central Electricity Authority (1955–7), which had in turn replaced the British Electricity Authority (1948–55). The Central Electricity Generating Board (CEGB) was also established in January 1958, as the body for electricity generation, transmission and bulk sales in England and Wales. Responsibilities The council's responsibilities included: * advising the Secretary of State for Energy on matters relating to the electricity supply industry in England and Wales * helping the Electricity Boards in England and Wales to improve efficiency * advising on the financing of the industry in England and Wales * organising certain research * maintaining the industry-wide industrial relations machinery Corporate structure Background In 1954, six ...
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