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13 relations: Distribution network operator, Electricity Act 1947, London Stock Exchange, Maidenhead, Nationalization, Office of Gas and Electricity Markets, Privatization, Public company, Public electricity supplier, Public limited company, Scottish Hydro Electric, SSE plc, United Kingdom.
Distribution network operator
Distribution network operators (DNOs) are companies licensed to distribute electricity in Great Britain by the Office of Gas and Electricity Markets.
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Electricity Act 1947
The Electricity Act 1947 was an Act of the Parliament of the United Kingdom that nationalised 505 separate electricity generation and supply organizations in Great Britain on 1 April 1948, both privately owned and state owned, and consolidated them into 14 area electricity boards of the new Central Electricity Authority that the Act created (also known as the British Electricity Authority), which subsequently became the Central Electricity Generating Board.
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London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange located in the City of London, England.
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Maidenhead
Maidenhead is a large town in Berkshire, England, on the south-western bank of the River Thames.
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Nationalization
Nationalization (or nationalisation) is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state.
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Office of Gas and Electricity Markets
The Office of Gas and Electricity Markets (Ofgem), supporting the Gas and Electricity Markets Authority (GEMA), is the government regulator for the electricity and downstream natural gas markets in Great Britain.
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Privatization
Privatization (also spelled privatisation) is the purchase of all outstanding shares of a publicly traded company by private investors, or the sale of a state-owned enterprise to private investors.
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Public company
A public company, publicly traded company, publicly held company, publicly listed company, or public corporation is a corporation whose ownership is dispersed among the general public in many shares of stock which are freely traded on a stock exchange or in over the counter markets.
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Public electricity supplier
Public electricity suppliers (PES) were the fourteen electricity companies created in Great Britain when the electricity market in the United Kingdom was privatised following the Electricity Act 1989.
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Public limited company
A public limited company (legally abbreviated to plc) is a type of public company under the United Kingdom company law, some Commonwealth jurisdictions, and the Republic of Ireland.
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Scottish Hydro Electric
Scottish Hydro plc (Scottish company number SC117119) was a public electricity supplier formed on 1 August 1989 after a change of name from North of Scotland Electricity plc on that date.
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SSE plc
SSE plc (formerly Scottish and Southern Energy plc) is a Scottish energy company headquartered in Perth, Scotland, United Kingdom.
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed with some organisations, including the and preferring to use Britain as shorthand for Great Britain is a sovereign country in western Europe.
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Southern Electric plc, Southern Electricity Board.
