National Energy System Operator
The National Energy System Operator (NESO) is the nationalised energy system operator for the United Kingdom. Previously owned by National Grid plc, when it was known as National Grid ESO, it is a publicly owned organisation which operates both the electricity transmission and gas distribution systems from 1 October 2024. The buyout from National Grid was announced in September 2024, and was valued at £630m. NESO is chaired by Paul Golby and its chief executive officer is Fintan Slye. NESO has been set up as the Independent System Operator and Planner (ISOP) under the provisions of part 5 of the Energy Act 2023, and was previously known informally as the Future System Operator (FSO) prior to the announcement of its official name. It holds the licences for operating the electricity system and for planning the gas system. NESO is expected to work closely with Great British Energy to accelerate the deployment of renewable energy in the United Kingdom Renewable energy i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Warwick
Warwick ( ) is a market town, civil parish and the county town of Warwickshire in the Warwick District in England, adjacent to the River Avon, Warwickshire, River Avon. It is south of Coventry, and south-east of Birmingham. It is adjoined with Leamington Spa and Whitnash. Warwick has ancient origins and an array of historic buildings, notably from the Middle Ages, Medieval, Stuart period, Stuart and Georgian era, Georgian eras. It was a major fortified settlement from the early Middle Ages, the most notable relic of this period being Warwick Castle, a major tourist attraction. Much was destroyed in the Great Fire of Warwick in 1694 and then rebuilt with fine 18th century buildings, such as the Collegiate Church of St Mary, Warwick, Collegiate Church of St Mary and the Shire Hall, Warwick, Shire Hall. The population was estimated at 36,665 at the 2021 United Kingdom census, 2021 Census. History Neolithic Human activity on the site dates back to the Neolithic, when it appears ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nationalisation
Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization (or deprivatization). Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized property. S ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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National Grid Plc
National Grid plc is a British multinational electricity and gas utility company headquartered in London, England. Its principal activities are in the United Kingdom, where it owns and operates electricity and natural gas transmission networks, and in the Northeastern United States, where as well as operating transmission networks, the company produces and supplies electricity and gas, providing both to customers in New York and Massachusetts. National Grid plc is one of the largest investor-owned utility companies in the world; it has a primary listing on the London Stock Exchange where it is a constituent of the FTSE 100 Index, and a secondary listing in the form of its American depositary receipts on the New York Stock Exchange. History Background (CEGB before 1990) Before 1990, both the generation and transmission activities in England and Wales were under the responsibility of the Central Electricity Generating Board (CEGB). The present electricity market in the Unit ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Guardian
''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in its journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. S ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Energy Act 2023
The Energy Act 2023 (c. 52) is an act of the Parliament of the United Kingdom. The act's aim is for the security and independence of energy supply in the United Kingdom using different methods, including nuclear, oil, gas, hydro and wind. In turn, it is hoped that people's energy bills will decrease after this. The act received royal assent on 26 October 2023. Contents The Energy Act 2023 contains 14 main parts. *Part 1 Licensing of carbon dioxide transport and storage *Part 2 Carbon dioxide capture, storage etc and hydrogen production, transport and storage *Part 3 Licensing of hydrogen pipeline projects *Part 4 New technology *Part 5 Independent System Operator and Planner *Part 6 Governance of gas and electricity industry codes *Part 7 Market reform and consumer protection *Part 8 Heat networks *Part 9 Energy smart appliances and load control *Part 10 Energy performance of premises *Part 11 Energy Savings Opportunity Schemes *Part 12 Core fuel sector resilience *Part 13 Of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Great British Energy
Great British Energy (shortened to GB Energy or GBE) is a British government-owned renewable energy investment body that was formed as part of the Labour Party (UK), Labour Party's plans for energy policy. GBE will invest in renewable energy and own, manage and operate clean power projects. Proposals for the body were put forward by Labour in 2021 while in opposition, and the first steps to establish it were taken in late 2024 by the Starmer ministry, Starmer government. Great British Energy was formally established by the Great British Energy Act 2025, receiving royal assent on 15 May 2025. Origins The proposal to create Great British Energy was put forward by the former Labour leader Ed Miliband in his capacity as Shadow Secretary of State for Business, Energy and Industrial Strategy in 2021, as part of a wider platform of policies named the "Green Prosperity Plan". According to The Guardian, "Mathew Lawrence, the founder and director of the Common Wealth thinktank, [is] cr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Renewable Energy In The United Kingdom
Renewable energy in the United Kingdom contributes to production for electricity, heat, and transport. From the mid-1990s, renewable energy began to play a part in the UK's electricity generation, building on a small hydroelectricity, hydroelectric capacity. Wind power in the United Kingdom, Wind power, which is abundant in the UK, has since become the main source of renewable energy. , renewable sources generated 41.8% of the electricity produced in the UK; around 6% of total UK energy usage. Q4 2022 statistics are similar, with low carbon electricity generation (which includes nuclear) at 57.9% of total electricity generation (same as Q4 2021). Wind energy production was 26,000 GWh in Q4 2022 (from 2,300 GWh in Q1 2010), and the installed capacity of 29,000 MW (5,000 in 2010) ranked the UK Wind power by country, 6th in the world in 2022. In 2022, bioenergy comprised 63% of the renewable energy sources utilized in the UK, with wind accounting for the majority of the remai ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2024 Establishments In The United Kingdom
4 (four) is a number, numeral and digit. It is the natural number following 3 and preceding 5. It is a square number, the smallest semiprime and composite number, and is considered unlucky in many East Asian cultures. Evolution of the Hindu-Arabic digit Brahmic numerals represented 1, 2, and 3 with as many lines. 4 was simplified by joining its four lines into a cross that looks like the modern plus sign. The Shunga would add a horizontal line on top of the digit, and the Kshatrapa and Pallava evolved the digit to a point where the speed of writing was a secondary concern. The Arabs' 4 still had the early concept of the cross, but for the sake of efficiency, was made in one stroke by connecting the "western" end to the "northern" end; the "eastern" end was finished off with a curve. The Europeans dropped the finishing curve and gradually made the digit less cursive, ending up with a digit very close to the original Brahmin cross. While the shape of the character fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Energy Policy Of The United Kingdom
The energy policy of the United Kingdom refers to the United Kingdom's efforts towards reducing energy intensity, reducing energy poverty, and maintaining energy supply reliability. The United Kingdom has had success in this, though energy intensity remains high. There is an ambitious goal to reduce carbon dioxide emissions in future years, but it is unclear whether the programmes in place are sufficient to achieve this objective. Regarding energy self-sufficiency, UK policy does not address this issue, other than to concede historic energy security is currently ceasing to exist (due to the decline of North Sea oil production). The United Kingdom historically has a good policy record of encouraging public transport links with cities, despite encountering problems with high speed trains, which have the potential to reduce dramatically domestic and short-haul European flights. The policy does not, however, significantly encourage hybrid vehicle use or ethanol fuel use, options ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Government-owned Companies Of The United Kingdom
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's sha ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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National Grid (Great Britain)
The National Grid is the high-voltage electric power transmission Grid (electricity), network supporting the Electricity in Great Britain, UK's electricity market, connecting power stations and major Electrical substation, substations, and ensuring that electricity generated anywhere on the grid can be used to satisfy demand elsewhere. The network serves the majority of Great Britain and some of the surrounding islands. It does not cover Northern Ireland, which is part of the Electricity sector in Ireland, Irish single electricity market. The National Grid is a wide area synchronous grid operating at 50 hertz and consisting of 400 kV and 275 kV lines, as well as 132 kV lines in Scotland. It has several undersea power cable, undersea interconnectors: an AC connector to the Isle of Man, and High-voltage direct current, HVDC connections to Northern Ireland, the Shetland Islands, the Republic of Ireland, France, Belgium, the Netherlands, Norway, and Denmark. Ownership Since the pr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |