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ScottishPower
Scottish Power is a vertically integrated energy company based in Glasgow, Scotland. It is a subsidiary of Spanish utility firm Iberdrola. ScottishPower is the distribution network operator for Central and Southern Scotland, Merseyside, North Wales and parts of Cheshire and Shropshire. It is also the transmission owner for the south of Scotland. The company also supplies electricity and gas to homes and businesses around the United Kingdom and generates power for supply to the grid. It owned PPM Energy in the United States which has now been folded into Avangrid. Not to be confused with Scottish Power Company Limited (1909–48). History Foundation ScottishPower was formed in 1990, in preparation for the privatisation of the previously state-owned Scottish electricity industry the following year. Previously the UK government had privatised the English and Welsh electricity industry by splitting the market into 12 regional electricity companies (RECs) and two power g ...
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Iberdrola
Iberdrola () is a Spanish multinational electric utility company based in Bilbao, Spain. Iberdrola has a workforce of around 34,000 employees serving around 31.67 million customers. Subsidiaries include Scottish Power (United Kingdom) and a significant part of Avangrid (United States), amongst others. In 2013, the largest shareholder of the company was Qatar Investment Holding. Other significant shareholders included Norges Bank, Kutxabank and CaixaBank (formerly Bankia). Iberdrola, a global energy company, is the second biggest producer of wind power after Ørsted by revenue and market capitalisation. It is the world's third electricity utility by market capitalisation. It has subsidiaries in numerous countries, mainly in Spain, United Kingdom (Scottish Power), United States (Avangrid), Brazil (Neoenergia), Mexico, Germany, Portugal, Italy, Australia and France. History Early history Iberdrola was created on November 1, 1992, from the merger between Hidroeléc ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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North Wales
North Wales ( cy, Gogledd Cymru) is a region of Wales, encompassing its northernmost areas. It borders Mid Wales to the south, England to the east, and the Irish Sea to the north and west. The area is highly mountainous and rural, with Snowdonia National Park ( and the Clwydian Range and Dee Valley (), known for its mountains, waterfalls and trails, wholly within the region. Its population is concentrated in the north-east and northern coastal areas, with significant Welsh-speaking populations in its western and rural areas. North Wales is imprecisely defined, lacking any exact definition or administrative structure. It is commonly defined administratively as its six most northern principal areas, but other definitions exist, with Montgomeryshire historically considered to be part of the region. Those from North Wales are sometimes referred to as "Gogs" (from "Gogledd" – the Welsh word for "north"); in comparison, those from South Wales are sometimes called "Hwntws" by those fr ...
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British Energy
British Energy was the UK's largest electricity generation company by volume, before being taken over by Électricité de France (EDF) in 2009. British Energy operated eight former UK state-owned nuclear power stations and one coal-fired power station. From 1 July 2010 the rebranding of British Energy locations and communications to EDF Energy commenced as part of its incorporation into the parent group, following around 17 months of dual branding. This was concluded with the renaming of the operating company from ''British Energy Generation Limited'' to ''EDF Energy Nuclear Generation Limited'' on 1 July 2011. Structure In 2009, the British Energy subsidiary group was structured accordingly: * British Energy Group plc: holding company, a wholly owned subsidiary of EDF S.A. ** British Energy Generation Ltd: dominant subsidiary; owned and ran the large power stations, was licensed to operate nuclear power stations. ** District Energy Ltd: owned four modern 10 MWe natural gas-fue ...
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Scottish Hydro Electric
Scottish Hydro plc was a public electricity supplier formed on 1 August 1989 after a change of name from North of Scotland Electricity plc on that date. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index but merged with Southern Electric in 1998. History The company was formed on 1 April 1989 to acquire the assets of the North of Scotland Hydro-Electric Board ahead of electricity privatisation in the United Kingdom under the name ''North of Scotland Electricity plc''. The company was floated on the London Stock Exchange in June 1991. It merged with the English public electricity supplier Southern Electric plc to become Scottish and Southern Energy plc (SSE) on 14 December 1998. Operations The Scottish Hydro name was used as a brand name by SSE plc for supplying gas and electricity in Scotland, and by Scottish Hydro-Electric Power Distribution Ltd, the distribution network operator in the north of Scotland. In 2011, power consumption of t ...
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Scottish Nuclear
Scottish Nuclear was formed as a precursor to the privatisation of the electricity supply industry in Scotland on 1 April 1990. A purpose-built headquarters was built in 1992 in the new town of East Kilbride. It consisted of the nuclear assets of the South of Scotland Electricity Board, which were later absorbed into the 1996 founded companies - Magnox Electric and British Energy. Assets * Hunterston A Magnox Power Station (by then shut down) *Hunterston B AGR Power Station * Torness AGR Power Station History Background : before 1990 In the late 1980s, the 1955-founded South of Scotland Electricity Board (SSEB), was one of the two major electricity generation and transmission companies in Scotland; other being North of Scotland Hydro-Electric Board (now SSE plc). The SSEB generated, transmitted and distributed electricity throughout the south of Scotland, including the former regions of Strathclyde, Lothian, Fife, Central, Borders and Dumfries and Galloway and a few towns ...
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SSE Plc
SSE plc (formerly Scottish and Southern Energy plc) is a multinational energy company headquartered in Perth, Scotland. It is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index. SSE operates in the United Kingdom and Ireland. History Origins The company has its origins in two public sector electricity supply authorities. The former North of Scotland Hydro-Electric Board was founded in 1943 to design, construct and manage hydroelectricity projects in the Highlands of Scotland, and took over further generation and distribution responsibilities on the nationalisation of the electricity industry within the United Kingdom in 1948. The former Southern Electricity Board was created in 1948 to distribute electricity in Southern England. Whilst the Southern Electricity Board was a distribution only authority, with no power generation capacity of its own, the North of Scotland Hydro-Electric board was a broader spectrum organisation, with its own genera ...
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North Of Scotland Hydro Board
The North of Scotland Hydro-Electric Board (1943–1990) was founded to design, construct and manage hydroelectricity projects in the Highlands of Scotland. It is regarded as one of the major achievements of Scottish politician Thomas Johnston, who chaired the board from 1945 to 1959. Background In the 1930s several schemes were proposed to develop hydro-electric power in the north of Scotland. These met with opposition by landowners, sporting interest and the coal mining industry on the grounds of competition. There was also opposition from official sources. Plans to build a power station at Kinlochleven for the benefit of the aluminium industry were shelved when Inverness County Council refused to allow water from the River Spey and River Laggan to cross the county border into Argyllshire. In 1938, the Caledonian Water Power bill was defeated in Parliament. This would have allowed a private company to build hydro-electric schemes in the Highlands, and its defeat was welcomed ...
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South Of Scotland Electricity Board
The South of Scotland Electricity Board (SSEB) generated, transmitted and distributed electricity throughout the south of Scotland, including the former regions of Strathclyde, Lothian, Fife, Central, Borders and Dumfries and Galloway and a few towns in northern England. It operated from 1955 to 1991. History As established by the Electricity Act 1947 there were two British Electricity Authority divisions responsible for the generation of electricity in Scotland based in Glasgow and Edinburgh. There were also two area boards for distribution of electricity responsible to the British Electricity Authority and to the Minister of Fuel and Power. It was thought by the industry and government that a single board for the South of Scotland would be better placed to cover the whole area and would provide administrative advantages such as simplification. The South of Scotland would then be in line with the North of Scotland which was covered by the North of Scotland Hydro-Electric Board ...
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Privatisation
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 national ...
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Scottish Power 1990 Logo
Scottish usually refers to something of, from, or related to Scotland, including: *Scottish Gaelic, a Celtic Goidelic language of the Indo-European language family native to Scotland *Scottish English * Scottish national identity, the Scottish identity and common culture *Scottish people, a nation and ethnic group native to Scotland *Scots language, a West Germanic language spoken in lowland Scotland *Symphony No. 3 (Mendelssohn) The Symphony No. 3 in A minor, Op. 56, known as the ''Scottish'', is a symphony by Felix Mendelssohn, composed between 1829 and 1842. History Composition Mendelssohn was initially inspired to compose this symphony during his first visit to Brit ..., a symphony by Felix Mendelssohn known as ''the Scottish'' See also * Scotch (other) * Scotland (other) * Scots (other) * Scottian (other) * Schottische * {{disambiguation Language and nationality disambiguation pages ca:Escocès ...
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Scottish Power Company Limited
The Scottish Power Company Limited was an electricity industry holding company that operated from 1909 until 1948. Its subsidiary companies generated and supplied electricity to up to 136,800 consumers in an area of 13,000 square miles over large parts of Scotland. Foundation The Scottish Power Company Limited was incorporated in 1909. Its sole subsidiary at that time was the Scottish Central Electric Power Company which had been established in 1903 under the terms of the ''Scottish Central Electric Power Act 1903'' (3 Edw. 7 ccxli). The Central Company had constructed and operated a power station at Bonnybridge near Falkirk. Management The Scottish Power company's management board in 1927 comprised: Henry Brown (chairman); George Balfour; J.W. Bowhill; Sir T.O. Callender; and Ian C.A. Murray. In 1937 the board comprised: George Balfour (chairman); Alexander H. Bowhill; Sir T.O. Callender; Ian C.A. Murray; and Kenneth Sanderson. George Balfour died in September 1941 and was ...
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