headquarters_location eirgrid
___MASK45___ is a continent entirely within the Northern Hemisphere and almost all within the Western Hemisphere . It can also be considered a northern subcontinent of the Americas . It is bordered to the north by the Arctic Ocean , to the east by the Atlantic Ocean , to the west and south by the ___MASK50___ Ocean , and to the southeast by South America and the Caribbean Sea . Electric power transmission is the bulk movement of electrical energy from a generating site , such as a power plant , to an electrical substation . The interconnected lines which facilitate this movement are known as a transmission network . This is distinct from the local wiring between high - voltage substations and customers , which is typically referred to as electric power distribution . The combined transmission and distribution network is known as the " power grid " in ___MASK45___ , or just " the grid ". In the United Kingdom , the network is known as the " National Grid ". EirGrid plc is the state - owned electric power transmission operator in ___MASK84___ . It is a public limited company registered under the Companies Acts ; its shares are held by the Minister for Communications , Energy and Natural Resources who appoints the board and the Minister for Finance . It is one of a number of Irish state - sponsored bodies and is regulated by the Commission for Energy Regulation . The Commission for Energy Regulation ( CER ) is ___MASK84___ ' s independent energy regulator . The CER has a wide range of economic , customer protection and safety responsibilities in energy . At a high - level , the CER ' s overall ___MASK40___ , acting in the interests of consumers , is to ensure that : ___MASK84___ ( Ulster - Scots : ) is an island in the North Atlantic . It is separated from ___MASK67___ to its east by the North Channel , the Irish Sea , and St George ' s Channel . ___MASK84___ is the second - largest island of the British Isles , the third - largest in ___MASK28___ , and the twentieth - largest on Earth . ___MASK84___ , also described as the Republic of ___MASK84___ ('), is a sovereign state in north - western ___MASK28___ occupying about five - sixths of the island of ___MASK84___ . The capital and largest city is ___MASK51___ , which is located on the eastern part of the island , and whose metropolitan area is home to around a third of the country ' s 4 . 75 million inhabitants . The state shares its only land border with Northern ___MASK84___ , a part of the United Kingdom . It is otherwise surrounded by the Atlantic Ocean , with the Celtic Sea to the south , Saint George ' s Channel to the south - east , and the Irish Sea to the east . It is a unitary , parliamentary republic . The legislature , the ', consists of a lower house , ', an upper house , ', and an elected President (') who serves as the largely ceremonial head of state , but with some important powers and duties . The head of government is the ' ( Prime Minister , literally ' Chief ', a title not used in English ), who is elected by the Dáil and appointed by the President , and appoints other government ministers . The ___MASK26___ of Great Britain and Northern Ireland , commonly known as the ___MASK26___ ( UK ) or Britain , is a sovereign country in western Europe . Lying off the north - western coast of the European mainland , it includes the island of Great Britain ( the name of which is also loosely applied to the whole country ), the north - eastern part of the island of Ireland , and many smaller islands . Northern Ireland is the only part of the UK that shares a land border with another sovereign statethe Republic of Ireland . Apart from this land border , the UK is surrounded by the Atlantic Ocean , with the North Sea to its east , the English Channel to its south and the Celtic Sea to its south - south - west , giving it the 12th - longest coastline in the world . The Irish Sea lies between Great Britain and Ireland . With an area of , the UK is the 78th - largest sovereign state in the world and the 11th - largest in Europe . It is also the 21st - most populous country , with an estimated 65 . 1 million inhabitants . Together , this makes it the fourth most densely populated country in the European Union . ___MASK26___ company law regulates corporations formed under the Companies Act 2006 . Also governed by the Insolvency Act 1986 , the UK Corporate Governance Code , European Union Directives and court cases , the company is the primary legal vehicle to organise and run business . Tracing their modern history to the late Industrial Revolution , public companies now employ more people and generate more of wealth in the ___MASK26___ economy than any other form of organisation . The ___MASK26___ was the first country to draft modern corporation statutes , where through a simple registration procedure any investors could incorporate , limit liability to their commercial creditors in the event of business insolvency , and where management was delegated to a centralised board of directors . An influential model within Europe , the Commonwealth and as an international standard setter , UK law has always given people broad freedom to design the internal company rules , so long as the mandatory minimum rights of investors under its legislation are complied with . A public limited company ( legally abbreviated to plc ) is a type of public company under ___MASK26___ company law , some Commonwealth jurisdictions , and the Republic of Ireland . It is a limited liability company whose shares may be freely sold and traded to the public ( although a plc may also be privately held , often by another plc ), with a minimum share capital of £ 50 , 000 and the letters PLC after its name . Similar companies in the United States are called " publicly traded companies ". Public limited companies will also have a separate legal identity .