Scottish Hydro plc was a

public electricity supplier Public electricity suppliers (PES) were the fourteen electricity companies created in Great Britain when the electricity market in the United Kingdom was privatised following the Electricity Act 1989. The Utilities Act 2000 subsequently split t ...

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 London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...

and was once a constituent of the

FTSE 100 Index The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest marke ...

but merged with

Southern Electric Southern Electric plc was a public limited energy company in the United Kingdom between 1990 and 1998, when it merged with Scottish Hydro-Electric plc to form Scottish and Southern Energy plc (now SSE plc). The company had its origins in the s ...

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 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 ...

in the United Kingdom under the name ''North of Scotland Electricity plc''. The company was floated on the

in June 1991. It merged with the English public electricity supplier

plc to become

Scottish and Southern Energy 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 ...

(SSE) on 14 December 1998.

Operations

The Scottish Hydro name was used as a

brand name A brand is a name, term, design, symbol or any other feature that distinguishes one seller's good or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create an ...

by SSE plc for supplying gas and electricity in

Scotland Scotland (, ) is a country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a border with England to the southeast and is otherwise surrounded by the Atlantic Ocean to ...

, and by Scottish Hydro-Electric Power Distribution Ltd, the

distribution network operator A distribution network operator (DNO), also known as a distribution system operator (DSO), is the operator of the electric power distribution system which delivers electricity to most end users. Each country may have many local distribution networ ...

in the north of Scotland. In 2011, power consumption of the north was largely handled by Scottish Hydro.

Successors

The Scottish Hydro brand continued in use for a time after the 1998 merger but SSE later used its own brand throughout the UK. Since the purchase of SSE's retail business by

OVO Energy OVO Energy is a major energy supplier based in Bristol, England. It was founded by Stephen Fitzpatrick and began trading energy in September 2009, buying and selling electricity and gas to supply domestic properties throughout the UK. By Ju ...

in 2020, the Scottish Hydro brand is a trading name of OVO Electricity Limited.

Fuel sources

The fuel sources of SSE Energy Supply Limited during the period from 1 April 2015 to 31 March 2016:SSE fuel mix disclosure
retrieved 19 January 2017.

References

External links

Official website
archived in February 1998 {{Authority control Scottish brands Defunct companies of Scotland Defunct electric power companies of the United Kingdom Electric power companies of Scotland Companies based in Perth, Scotland Companies established in 1989 Companies formerly listed on the London Stock Exchange SSE plc 1989 establishments in Scotland