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Premier Power
Premier Power Limited is an electricity supply company in Northern Ireland. The company was formed in 1992 following the privatization of electricity supply in Northern Ireland. Previously, Northern Ireland Electricity was responsible for the running of the country's power stations and transmission. British Gas (now BG Group) bought Ballylumford power station from NIE and formed Premier Power to run it. On 12 August 2010 the AES Corporation announced that its subsidiary, AES Ballylumford Holdings Limited, had acquired Premier Power through an all-cash transaction for £102 million (approximately $160 million), which included purchase price and working capital adjustment. The transaction was announced on 2 July 2010, and was subject to licence consents from the Northern Ireland Authority for Utility Regulation and the Northern Ireland Department of Enterprise, Trade and Investment. Through the Ballylumford facility, Premier Power generates 50% of Northern Ireland's electricity an ...
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Premier Power Ltd
Premier is a title for the head of government in central governments, state governments and local governments of some countries. A second in command to a premier is designated as a deputy premier. A premier will normally be a head of government, but is not the head of state. In presidential systems, the two roles are often combined into one, whereas in parliamentary systems of government the two are usually kept separate. Relationship to the term "prime minister" "Premier" is often the title of the heads of government in sub-national entities, such as the provinces and territories of Canada, states of the Commonwealth of Australia, provinces of South Africa, the island of Nevis within the Federation of Saint Kitts and Nevis, and the nation of Niue. In some of these cases, the formal title remains "Prime Minister" but "Premier" is used to avoid confusion with the national leader. In these cases, care should be taken not to confuse the title of "premier" with "prime minis ...
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Northern Ireland
Northern Ireland ( ga, Tuaisceart Éireann ; sco, label= Ulster-Scots, Norlin Airlann) is a part of the United Kingdom, situated in the north-east of the island of Ireland, that is variously described as a country, province or region. Northern Ireland shares an open border to the south and west with the Republic of Ireland. In 2021, its population was 1,903,100, making up about 27% of Ireland's population and about 3% of the UK's population. The Northern Ireland Assembly (colloquially referred to as Stormont after its location), established by the Northern Ireland Act 1998, holds responsibility for a range of devolved policy matters, while other areas are reserved for the UK Government. Northern Ireland cooperates with the Republic of Ireland in several areas. Northern Ireland was created in May 1921, when Ireland was partitioned by the Government of Ireland Act 1920, creating a devolved government for the six northeastern counties. As was intended, Northern Ireland ...
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Privatization
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ...
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Northern Ireland Electricity
Northern Ireland Electricity Networks Limited (NIE Networks) is the electricity asset owner of the transmission and distribution infrastructure in Northern Ireland, established in 1993 when the business was privatised. NIE Networks does not generate or supply electricity. Since 2010 it has been a subsidiary of ESB Group. NIE Networks has three transmission interconnectors with the transmission grid in the Republic of Ireland. The main interconnector was built in 1970 between Tandragee and Louth but The Troubles saw the interconnector destroyed in 1975 and left in that state for twenty years until repair. NIE Networks should not be confused with Power NI, its own former supply business, which was not part of the sale to the ESB and remains owned by Viridian. NIE Energy changed its name to Power NI on 25 July 2011, as ESB retained the NIE name in Northern Ireland. History Background Electricity supplies in Northern Ireland started in the early 1890s with the establishment of ...
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BG Group
BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory and shareholder agreement. The sale was completed on 15 February 2016. Prior to the takeover, BG Group was listed on the London Stock ExchangeBG.L and was a constituent of the FTSE 100 Index. In the 2015 Forbes Global 2000, BG Group was ranked as the 583rd largest public company in the world. Prior to its acquisition by Shell, BG Group had operations in 25 countries across six continents and produced around 680,000 barrels of oil equivalent per day. It had a major liquefied natural gas (LNG) business and was the largest supplier of LNG to the United States. As at 31 December 2009, it had total proven commercial reserves of of oil equivalent. History Origins The company was created in 1997 when British Gas plc divested Centrica and became B ...
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Ballylumford Power Station
Ballylumford power station is a natural gas, natural-gas-fired power station in County Antrim, Northern Ireland, UK. With its main plant generating 600 megawatts of electricity, it is Northern Ireland's largest power station and provides half its power. Overall the station produces 600MW. The plant is located at the tip of the Islandmagee peninsula, which separates Larne Lough from the Irish Sea. The lough is a Site of Special Scientific Interest. The 3 chimneys of the power station are 126 metres tall. East of the station is the static inverter plant of HVDC Moyle, a power cable connecting the system to Great Britain. History The first power station built at the site was started in 1943. Ballylumford power station was commissioned on 1 January 1943 as a coal-fired generating station with an initial capacity of 30 MW. Further equipment was installed to increase the capacity by 31.5 MW (June 1945), another 31.5 MW (November 1948), and 31.5 MW (January 1951). By 1958 the generat ...
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AES Corporation
The AES Corporation is an American utility and power generation company. It owns and operates power plants, which it uses to generate and sell electricity to end users and intermediaries like utilities and industrial facilities. AES is headquartered in Arlington, Virginia, and is one of the world's leading power companies, generating and distributing electric power in 15 countries and employing 10,500 people worldwide. AES Corporation is a global Fortune 500 power company. AES Ranks in the Top Ten of Fast Company's 2022 Best Workplaces for Innovators. History The company was founded on January 28, 1981, as Applied Energy Services by Roger Sant and Dennis Bakke, two appointees of the Federal Energy Administration under president Richard Nixon. The company was initially a consulting firm; it became AES Corporation, which went public in 1991. Sant was chairman, CEO, and president and Bakke was executive vice president until assuming the position of president in 1987. Bakke would ...
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The Belfast Telegraph
The ''Belfast Telegraph'' is a daily newspaper published in Belfast, Northern Ireland, by Independent News & Media. Its editor is Eoin Brannigan. Reflecting its unionist tradition, the paper has historically been "favoured by the Protestant population", while also being read within Catholic nationalist communities in Northern Ireland. History It was first published as the ''Belfast Evening Telegraph'' on 1 September 1870 by brothers William and George Baird. Its first edition cost half a penny and ran to four pages covering the Franco-Prussian War and local news. The evening edition of the newspaper was originally called the "Sixth Late", and "Sixth Late Tele" was a familiar cry made by vendors in Belfast city centre in the past. Local editions were published for distribution to Enniskillen, Dundalk, Newry and Derry. Its competitors are ''The News Letter'' and ''The Irish News'', and local editions of London-based red tops also compete in this market, in some cases selling ...
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Ireland
Ireland ( ; ga, Éire ; Ulster Scots dialect, Ulster-Scots: ) is an island in the Atlantic Ocean, North Atlantic Ocean, in Northwestern Europe, north-western Europe. It is separated from Great Britain to its east by the North Channel (Great Britain and Ireland), North Channel, the Irish Sea, and St George's Channel. Ireland is the List of islands of the British Isles, second-largest island of the British Isles, the List of European islands by area, third-largest in Europe, and the List of islands by area, twentieth-largest on Earth. Geopolitically, Ireland is divided between the Republic of Ireland (officially Names of the Irish state, named Ireland), which covers five-sixths of the island, and Northern Ireland, which is part of the United Kingdom. As of 2022, the Irish population analysis, population of the entire island is just over 7 million, with 5.1 million living in the Republic of Ireland and 1.9 million in Northern Ireland, ranking it the List of European islan ...
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List Of Irish Companies
This is a list of notable companies based in Ireland, or subsidiaries according to their sector. It includes companies from the entire island. The state of the Republic of Ireland covers five-sixths of the island, with Northern Ireland, part of the United Kingdom, covering the remainder in the north-east. Each has separate regulatory and registration authorities. About companies in Ireland Irish companies fall into three categories: * Private limited companies, which carry the suffix "Limited" (Ltd) or "Teoranta" (Teo), and whose shares are privately held. * Public limited companies, which carry the suffix "plc" or "" and whose shares may be listed on a stock exchange. Where this is the case, it is noted in this article. * Company limited by guarantee, this type of company has members, not shareholders, as such generally limited to trade associations and not-for-profit bodies. Companies in the Republic of Ireland must be registered with the Companies Registration Office, and com ...
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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 ...
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Energy Use And Conservation In The United Kingdom
Energy in the United Kingdom came mostly from fossil fuels in 2021. Total World energy supply and consumption, energy consumption in the United Kingdom was 142.0millionTonne of oil equivalent, tonnes of oil equivalent (1,651TWh) in 2019. In 2014, the UK had an energy consumption ''per capita'' of 2.78tonnes of oil equivalent (32.3MWh) compared to a world average of 1.92tonnes of oil equivalent (22.3MWh). Demand for electricity in 2014 was 34.42Watt, GW on average (301.7TWh over the year) coming from a total electricity generation of 335.0TWh. Successive UK governments have outlined numerous commitments to reduce carbon dioxide emissions. One such announcement was the low-carbon economy, Low Carbon Transition Plan launched by the Brown ministry in July 2009, which aimed to generate 30% electricity from renewable sources, and 40% from low carbon content fuels by 2020. Notably, the UK is Wind power in the United Kingdom, one of the best sites in Europe for wind energy, and wind ...
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