National Power
| File:NationalPowerLogo.svg | |
| Company type | Public |
|---|---|
| Industry | Energy |
| Founded | 1990 |
| Defunct | 2001 |
| Fate | demerged into Innogy and International Power |
| Successor | Innogy International Power |
| Headquarters | London, England |
| Products | Gas and Electricity |
National Power was an energy company based in the United Kingdom.
History
[edit | edit source]National Power was formed following the privatisation of the UK electricity market in 1990.[1] In England and Wales the Central Electricity Generating Board, which was responsible for the generation and transmission of electricity, was split into four companies. Its generation (or upstream) activities were transferred to three generating companies, National Power, Nuclear Electric and PowerGen, and its transmission (or downstream) activities to the National Grid Company.[2][3]
National Power was the largest of these new companies having around 52 percent of the generating market. It later diversified into the supply market in November 1998 by purchasing the supply business of the regional electricity company Midlands Electricity and created the Npower supply brand.[4]
On 2 October 2000 following investor pressure the company demerged into two separate companies Innogy, which was responsible for the UK based operations, and International Power, which took over the international operations.[5][6][7] Innogy is now known as Npower. It was owned by RWE until 2019, when it became part of E.ON UK, while International Power is owned by Engie.
References
[edit | edit source]- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ The CEGB Story Archived 2012-12-09 at archive.today by Rob Cochrane (with additional research by Maryanna Schaefer) (1990)
- ^ "Lessons from Liberalised Electricity Markets" IEA / OECD (2005) Archived May 17, 2014, at the Wayback Machine
- ^ Eneryquote: Timeline Archived January 27, 2008, at the Wayback Machine
- ^ National Power splits in two BBC News 17 November 1999
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
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- Companies disestablished in 2001
- Companies formerly listed on the London Stock Exchange
- Defunct electric power companies of the United Kingdom
- Electric power generation in the United Kingdom
- Energy companies established in 1990
- Former nationalised industries of the United Kingdom
- Non-renewable resource companies established in 1990
- Utilities of the United Kingdom
- 1991 establishments in the United Kingdom
- 2001 disestablishments in the United Kingdom