E.ON UK

E.ON UK plc
Type Public limited company
Industry Energy
Founded 1990 (as Powergen)
Headquarters Coventry, England
Key people Paul Golby, CEO
Products Power and gas
Employees 22,000
Parent E.ON
Website http://eon-uk.com

E.ON UK is an energy company in the United Kingdom and a subsidiary of E.ON, the world's largest investor-owned power and gas company. As Powergen, it was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index but since 1 July 2002[1] has been owned by E.ON AG of Germany.

It is a vertically integrated utility company with interests in electrical generation, electricity distribution in the Midlands region, and in the electricity and gas supply markets.

Contents

History

E.ON UK (known as Powergen prior to acquisition by E.ON) was formed in 1990 as Public Limited Company which was wholly owned by the UK government and acquired about 50% of the Central Electricity Generating Board generating capacity. 60% of Powergen was sold to private investors in 1991, followed by the remaining 40% in March 1995.[2] It expanded considerably by acquiring the regional electricity company East Midlands Electricity in 1998[3] and the supply business of TXU Energi in 2002.[4] Powergen was eventually taken over itself by E.ON, an acquisition which was completed in January 2002.[5]

It then bought the Distribution Network Operator Midlands Electricity in 2004.[6] This was merged with the distribution business of East Midlands Electricity and rebranded as Central Networks.[7] The Industrial & Commercial Retail business was rebranded as E.ON UK on 5 July 2004.[8] The creation of the Central Networks business in April 2004 included "a company of E.ON" as part of its logotype. In October 2005 it was also added to the Powergen logotype.

In June 2007, a major advertising campaign entitled "The wind of change", containing advertisements using the E.ON logo, was launched. The campaign featured the Robin Rigg offshore wind farm in the Solway Firth, currently in development. In the consumer market, this was complemented by a replacement of the mostly blue Powergen identity to the red identity of E.ON, and the launch of a new product, Go Green, using electricity from renewable sources and carbon offset gas.

On 22 October 2007, the company announced that the E.ON Energy and Powergen brands would change to E.ON as of 1 November and 3 December 2007 respectively.[9]

In January 2008, E.ON acquired West Midlands-based CHN Group, a provider of heating services to builders, local authorities and housing associations across the region.[10] and in August 2008 completed the purchase of the Street Lighting business lighting projects of ABB Ltd. It intended to improve its existing lighting business by purchasing the ABB business.ABB.[11]

In 2008 and 2009 a number of protests took place at E.ON UK's power station including a Climate Camp at their Kingsnorth power station in August 2008[12] and at their Ratcliffe-on-Soar Power Station in October 2009.

On 20 January 2010, E.ON UK announced the closure of its Rayleigh Customer Service Centre and the loss of 600 jobs.[13] The company was forced to bring forward the announcement by one day after the information was leaked to a local newspaper. This has been criticised as a money-saving exercise by an organisation which has seen an increase in profits of 18% in 2009 [14] and news that E.ON UK have made £80 million in profits so far in the financial year 2009/10. Other businesses within E.ON were also affected by these round of job losses, including its IT support and its Highways Lighting operations.

In March 2011, E.ON sold Central Networks to PPL for £3.5 billion.[15]

Operations

The company's headquarters are in Coventry at Westwood Business Park, in a building designed by Bennetts Associates. There are numerous other offices and power generation sites across the country.

UK businesses

E.ON UK's businesses comprise of:

Other UK businesses

E.ON's other operations in the UK include:

Generation

E.ON operate a number of different power generators[16] CO2 figures by email from e.on[17]

Name Output(MW) Elect Out (MW) heat Type CO2 (tonnes per annum) notes
Ratcliffe-on-Soar Power Station 2,000 coal 8,000,000 -10,000,000
Kingsnorth power station 1,940 coal 6,400,000 To close by 2015
Ironbridge Power Station 1,000 coal 1,800,000 To close by 2015
Connah's Quay Power Station 1,420 gas 3,300,000
Killingholme Power Station 900 gas 2,100,000
Enfield Power Station 408 gas 1,000,000
Cottam Development Centre 400 gas 912,000
Taylor's Lane 132 gas 3,600
Grain Power Station 1,380 oil 429,000 To close by 2015 (replacement CHP plant being built)
Askam Cumbria 4.62 onshore wind
Bessy Bell County Tyrone 5 onshore wind
Blood Hill Norfolk 2.25 onshore wind
Bowbeat Scottish Borders 31.2 onshore wind
Deucheran Hill Kintyre 15.75 onshore wind
Great Eppleton Tyne and Wear 3 onshore wind
Holmside, Harehill and High Volts County Durham 18 onshore wind
Lowca Cumbria 4.62 onshore wind
Out Newton, East Riding of Yorkshire 9.1 onshore wind
Ovenden Moor West Yorkshire 9.2 onshore wind
Rheidol Ceredigion 2.4 onshore wind
Rhyd-y-Groes Anglesey 7.2 onshore wind
Royd Moor South Yorkshire 6.5 onshore wind
St. Breock Cornwall 4.95 onshore wind
Siddick and Oldside Cumbria 9.6 onshore wind
Bradford West Yorkshire 4.5 28 CHP 35,000
Castleford West Yorkshire 56 - CHP 78,000
Citigen London 31 25 CHP 18,000
Corby CHP 637,000
Humber Lincolnshire 25 90 CHP
Kemsley 1 Kent 80 200 CHP 392,000
Leeds West Yorkshire 4.5 16 CHP 20,000
Nottingham Nottinghamshire 4.9 16 CHP
Port of Liverpool Merseyside 30 55 CHP 91,000
Sandbach Cheshire 56 - CHP 144,000
Stoke Staffordshire 56 40 CHP 167,000
Thornhill West Yorkshire 50 - CHP 56,000
Winnington Cheshire 130 400 CHP 755,000
Workington Cumbria 4 82 CHP 209,000
Scroby Sands wind farm 60 offshore wind
Blyth 4 offshore wind
Steven's Croft 44 biomas 1,154

Sponsorship

ITV National Weather

Powergen sponsored the ITV National Weather forecasts from its launch in 1989 up to 2007, a period of 18 years. They were known for their memorable sponsorship sequences from weather themes circulating around the (or parts of) the Powergen logo, and from 1996, the Weathergens, a "mascot" of Powergen representing different types of weather. The sponsorship ended in 2007 and ITV National Weather is now sponsored by The Co-operative Food.

Sport

In 2006, E.ON UK announced that it was to be the sponsor of the FA Cup for a four-year period. During this period, the competition is formally called "The FA Cup sponsored by E.ON". Prior to 2006, the company had sponsored the rugby union and rugby league cup competitions under the Powergen brand.

The company is the energy partner of the Football League, and sponsors the E.ON Lounge at the Ricoh Arena, the home of Coventry City Football Club.

In other sports, E.ON UK is also a sponsor of the Tour of Britain cycling championship, and in 2007 launched a campaign with Ellen MacArthur to encourage energy efficiency within businesses.

See also

References

  1. ^ E.ON completes Its acquisition of Powergen
  2. ^ "More power to the people". http://www.faqs.org/abstracts/Business/More-power-to-the-people-Nuclear-U-turn-heralds-2bn-pounds-sterling-sale-the-nuclear-industry-which-.html. 
  3. ^ Powergen buys East Midlands
  4. ^ Powergen buys TXU's British arm
  5. ^ "E.ON to buy Powergen". http://www.faqs.org/abstracts/Business/More-power-to-the-people-Nuclear-U-turn-heralds-2bn-pounds-sterling-sale-the-nuclear-industry-which-.htmlhttp://query.nytimes.com/gst/fullpage.html?res=9406E7DA1F3EF933A25757C0A9679C8B63. 
  6. ^ Powergen to buy Midlands Electricity
  7. ^ "Powergen axe". The Daily Telegraph (London). 2004-02-20. http://www.telegraph.co.uk/finance/2877512/City-briefs.html. Retrieved 2010-05-01. 
  8. ^ "UK mass market energy retail review 2004". http://www.researchandmarkets.com/reports/296044/uk_mass_market_energy_retail_2004_review.pdf. 
  9. ^ "E.ON UK Press Releases, Powergen is changing to E.ON…". E.ON. http://pressreleases.eon-uk.com/blogs/eonukpressreleases/archive/2007/10/22/1131.aspx. Retrieved 2007-10-26. 
  10. ^ E.ON buys CHN
  11. ^ Wragge & Co advises E.ON on street lighting deal
  12. ^ Plans for Kingsnorth push ahead
  13. ^ [/news/4859474.600_jobs_to_go_at_Eon_call_centre_in_Rayleigh/?ref=mr]
  14. ^ "E.On profits up despite weak UK". BBC News. 2009-05-13. http://news.bbc.co.uk/1/hi/business/8047416.stm. Retrieved 2010-05-01. 
  15. ^ "SPPL to acquire E.ON's UK grid networks for GBP3.5bn". Power-Gen Worldwide (PennWell Corporation). 2011-03-02. http://www.powergenworldwide.com/index/display/articledisplay/4661978251/articles/powergenworldwide/Business/m-and-a/2011/03/ppl-to_acquire_e_on.html. Retrieved 2011-03-02. 
  16. ^ "Our portfolio". E.ON UK. http://www.eon-uk.com/generation/1442.aspx. 
  17. ^ Talk:E.ON_UK#CO2_emissions_figures

External links