|Public limited company|
|Founded||1989 (as Powergen)|
|Tony Cocker, CEO|
|Products||Power and gas|
|Total assets||£10.83bn (2011)|
|Total equity||£5.26bn (2011)|
Number of employees
E.ON UK (formerly Powergen) 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 has been owned by E.ON SE of Germany.
It was formerly a vertically integrated utility company with interests in electrical generation, electricity distribution in the Midlands region, and in the electricity and gas supply markets. However, since restructuring and sales, E.ON UK is now a retail business with support functions.
Other E.ON business, with bases in the UK but not part of E.ON UK, include Gas Storage, Climate and Renewables, New Build and Technology and Energy Trading.
E.ON UK, as part of E.ON group will be split into 2 independent companies following the announcement in 2014. The E.ON brand will continue to service the downstream business including retail and distribution, as well as the Climate and Renewables business; with the Upstream business, to be branded Uniper, containing all conventional power generation and current Energy Trading activities.
Powergen was formed in 1989 as a Public Limited Company which was wholly owned by the UK government and acquired about 50% of the Central Electricity Generating Board generating capacity. Sir Robert Malpas was Chairman of the Group from 1989 to 1991. Sixty per cent of Powergen was sold to private investors in 1991, followed by the remaining 40% in March 1995. It expanded considerably by acquiring the regional electricity company East Midlands Electricity in 1998 and the supply business of TXU Energi in 2002. Powergen was eventually taken over itself by E.ON, an acquisition which was completed in January 2002.
It then bought the distribution network operator Midlands Electricity in 2004. This was merged with the distribution business of East Midlands Electricity and rebranded as Central Networks. The Industrial & Commercial Retail business was rebranded as E.ON UK on 5 July 2004. 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.
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. 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.
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 and at their Ratcliffe-on-Soar Power Station in October 2009.
Downsizing and asset sales
On 20 January 2010, E.ON UK announced the closure of its Rayleigh Customer Service Centre and the loss of 600 jobs. 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 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 October 2012, E.ON sold its 50% stake in Horizon Nuclear Power to Hitachi for £348 million. The other 50% stake, held by RWE npower, was also sold to Hitachi for the same amount, giving a total sale value of £696 million.
Late in 2012, E.ON UK announced the closure of the 'Ignite' business, originally tasked with bringing alternative localised-generation products to market for E.ON UK.
Early in 2013, the company E.ON Home Energy Services split from E.ON and was renamed Home Energy Services.
E.ON UK's businesses consist of:
- Energy Solutions (a merger of the former Retail and Energy Services businesses)
- Business Services (an internal service provider)
- Central functions including Corporate Affairs & Finance under the banner UK Centre
Other UK businesses
E.ON's other operations in the UK include:
- E.ON Climate and Renewables - renewables and climate protection projects
- E.ON New Build & Technology Limited - engineering and technology
- E.ON Ruhrgas UK North Sea - oil and gas exploration and production, within the UK sector of the North Sea
- E.ON IT UK - the company's IT service provider
|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||Closed|
|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 B power station||900||gas||2,100,000||Closure announced|
|Enfield Power Station||408||gas||1,000,000|
|Cottam Development Centre||400||gas||912,000|
|Grain A Power Station||1,380||oil||429,000||Closed|
|Grain B Power Station||1,275||340||gas|
|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|
|Kemsley 1 Kent||80||200||CHP||392,000|
|Leeds West Yorkshire||4.5||16||CHP||20,000|
|Port of Liverpool Merseyside||30||55||CHP||91,000|
|Thornhill West Yorkshire||50||-||CHP||56,000|
|Scroby Sands wind farm||60||offshore wind|
|This section does not cite any references (sources). (July 2015)|
- ITV National Weather
Powergen sponsored the ITV National Weather forecasts from its launch on 13 February 1989 until 31 December 2007, a period of 18 years. They were known for their memorable sponsorship sequences from a set introduced on 5 April 1993 which featured weather themes circulating around (or parts of) the Powergen logo, and from 10 November 1996, the Weathergens, a "mascot" of Powergen representing different types of weather. The sponsorship ended on 31 December 2007 and ITV National Weather is now sponsored by vitamin supplement company Seven Seas, later breakdown insurance company service Green Flag from 21 June 2015 onwards (in Scotland by home improvements company National Tyres and Autocare).
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". Before 2006, the company had sponsored the rugby union and rugby league cup competitions under the Powergen brand. The original four-year deal was extended to a fifth year as The FA failed to secure a new sponsor. The announcement was unpopular as it was made in the same week as the confirmation of closure of the Rayleigh Call Centre.
Distribution network operators
E.ON UK is an energy supplier for homes across the country. They do not however manage the network of towers and cables that distributes electricity - these are maintained by distribution network operators (DNOs) which vary from region to region. If, for instance, there is a power outage it is necessary to contact the appropriate DNO rather than the energy supplier. See entry on distribution network operator for a full list.
- Energy policy of the United Kingdom
- Energy use and conservation in the United Kingdom
- Scroby Sands wind farm
- E.ON completes Its acquisition of Powergen
- 'MALPAS, Sir Robert', in Who's Who 2012 (London: A. & C. Black, 2012)
- "More power to the people".
- Powergen buys East Midlands
- Powergen buys TXU's British arm
- "E.ON to buy Powergen".
- Powergen to buy Midlands Electricity[not in citation given]
- "Powergen axe". The Daily Telegraph (London). 20 February 2004. Retrieved 1 May 2010.
- "UK mass market energy retail review 2004" (PDF).
- "E.ON UK Press Releases, Powergen is changing to E.ON…". E.ON. Retrieved 26 October 2007.
- E.ON buys CHN
- Wragge & Co advises E.ON on street lighting deal
- Plans for Kingsnorth push ahead
- "600 jobs to go at Eon call centre in Rayleigh". Echo. 19 January 2010. Retrieved 4 August 2014.
- "E.On profits up despite weak UK". BBC News. 13 May 2009. Retrieved 1 May 2010.
- "SPPL to acquire E.ON's UK grid networks for GBP3.5bn". Power-Gen Worldwide (PennWell Corporation). 2 March 2011. Retrieved 2 March 2011.
- "E.ON sells stake in Horizon Nuclear Power". E.ON (E.ON). 30 October 2012. Retrieved 9 June 2013.
- "Our portfolio". E.ON UK.
- Talk:E.ON UK#CO2 emissions figures
- "The GB electricity distribution network". Retrieved 4 August 2014.