Electric power industry The world's first public electricity supply was provided in late 1881, when the streets of the Surrey town of Godalming in the UK were lit with electric light. This system was powered from a water wheel on the River Wey, which drove a Siemens alternator that supplied a number of arc lamps within the town. This supply scheme also provided electricity to a number of shops and premises to light 34 incandescent Swan light bulbs. Additionally, Robert Hammond, in December 1881, demonstrated the new electric light in the Sussex town of Brighton in the UK for a trial period. The
Decarbonisation measures in proposed UK electricity market reform published Planning Our Electric Future: A White Paper for Secure, Affordable and Low-Carbon Electricity in July 2011. The paper contained three proposals designed to encourage decarbonisation of the UK electricity sector, the rationale behind the introduction and potential impacts of a Carbon Price Floor, Feed-in tariffs and an Emissions Performance Standard are discussed in turn below. The European Union Emissions Trading Scheme (EU ETS) is a cap and trade system covering the European electricity generation sector and energy intensive industries. Introduced in 2005, it provides a mechanism through which the European price of carbon can be gradually increased to take