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The City of London Electric Lighting Company Limited was formed on 11 July 1891 with a capital of £800,000. The assets of the City of London (Pioneer) Electric Lighting Company were transferred to the new company for £95,000, the company also purchased the provisional orders of the Laing syndicate and the Brush company. [1]
County of London Electric Supply Company – formed June 1891 with a capital of £100,000, generating stations at City Road Basin Regent's Canal, and Wandsworth; renamed the County of London and Brush Provincial Electric Lighting Company in 1894 [4] Member of the No. 1 group of undertakings.
1948–1956, Henry John Randall (born 30 December 1894 London, died 5 May 1967 Buckinghamshire), previously managing director of the City of London Electric Lighting Company. [4] 1956–1968, David Blair Irving (born 9 November 1903, died 9 June 1986) [4] 1968–1972, Wilfrid David Drysdale Fenton (born 27 March 1908, died 4 May 1985) [4]
In both years the United Kingdom was the fourth highest producer of electricity from gas. In 2005 the UK produced 3.2% of the world total natural gas; ranking fifth after Russia (21.8%), United States (18%), Canada (6.5%) and Algeria (3.2%). In 2009 the UK’s own gas production was less and natural gas was also imported. [60] [61]
The city generates approximately 20 per cent of the UK's GDP; [2] while the economy of the London metropolitan area—the largest in Europe—generates approximately 30 per cent of the UK's GDP. [3] London is one of the pre-eminent financial centres of the world and vies with New York City as the most important location for international finance.
The Liverpool (Corporation) Electric Lighting Act 1879 (42 & 43 Vict. c. ccxiii) was the first electric lighting act to be enacted in the UK, it gave the Liverpool Corporation powers to light streets by electricity.
The resulting company, (to become Osram in 1909), [clarification needed] was to lead the way in lamp design, and the burgeoning demand for electric lighting was to make GEC's fortune. [6] In 1900, GEC was incorporated as a public limited company, The General Electric Company (1900) Ltd (the '1900' was dropped three years later). [5]
The Big Six were the United Kingdom's largest retail suppliers of gas and electricity, who dominated the market following liberalisation in the late 1990s. By 2002, six companies – British Gas, EDF Energy, E.ON, RWE npower, Scottish Power and SSE – had emerged from the 15 former incumbent monopoly suppliers (the 14 regional public electricity suppliers and British Gas).