National Power

National Power was formerly an energy company based in the United Kingdom.

This article is about the defunct energy company. For the political term, see National power.
National Power
Public
IndustryEnergy
Fatedemerged into Innogy plc and International Power
SuccessorInnogy plc
International Power
Founded1990
Defunct2001
HeadquartersLondon, UK
ProductsGas and Electricity

History
See also: Central Electricity Generating Board § Privatisation, and British Energy § History

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 - 'PowerGen', 'National Power', and 'Nuclear Electric' (later 'British Energy', eventually 'EDF Energy'); 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] Innogy is now known as 'RWE npower' owned by the German utility company RWE; and International Power is fully owned by the French company GDF Suez.

Other companies named National Power still exist, including the National Power Corporation in the Philippines, National Power in South Carolina, and National Power Corporation in Chicago, Illinois, a custom battery manufacturer.[7]

gollark: And there's nothing better at useful pricing.
gollark: The RK3568 ones have one entire SATA port and USB 3, mostly.
gollark: There still don't seem to be any particularly good SBCs for IO around, sadly.
gollark: How extremely.
gollark: I see.

References
  1. "A whole world sold on sell-offs". The Guardian. 22 November 2000. Retrieved 26 March 2016.
  2. The CEGB Story Archived 2012-12-09 at Archive.today by Rob Cochrane (with additional research by Maryanna Schaefer) (1990)
  3. "Lessons from Liberalised Electricity Markets" IEA / OECD (2005) Archived May 17, 2014, at the Wayback Machine
  4. Eneryquote: Timeline Archived January 27, 2008, at the Wayback Machine
  5. Plugging into National Power split
  6. "International Power PLC History". Retrieved 11 July 2012.
  7. "National Power Corporation". National Power Corporation.

See also
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.