Scottish Nuclear
Founded | 1990 |
---|---|
Defunct | 1996 |
Successor | British Energy (1996) EDF Energy (2010) |
Headquarters | |
Area served | Scotland |
Scottish Nuclear was formed as a precursor to the privatization of the Electricity Supply Industry in Scotland on 1 April 1990.[1] A purpose-built headquarters was built in 1992 in the new town of East Kilbride.
It consisted of the nuclear assets of the South of Scotland Electricity Board, which were later absorbed into the 1996 founded companies - Magnox Electric and British Energy.
Assets
- Hunterston A Magnox Power Station (by then shutdown)
- Hunterston B AGR Power Station
- Torness AGR Power Station
History
Background : before 1990
In late 1980's, the 1955 founded 'South of Scotland Electricity Board' ('SSEB'), was one of the two major electricity generation and transmission companies in Scotland; other being North of Scotland Hydro-Electric Board (now SSE plc). The SSEB generated, transmitted and distributed electricity throughout the south of Scotland, including the former regions of Strathclyde, Lothian, Fife, Central, Borders and Dumfries and Galloway and a few towns in northern England.
Scottish Nuclear : 1990-1996
On 1 April 1990, the nuclear generation assets (Hunterston A, Hunterston B and Torness Power Stations) of SSEB were vested with a new private company - Scottish Nuclear.
The remainder of the SSEB assets were privatised as Scottish Power in 1991.
Breakup : 1996
In 1996, the older Magnox reactor - Hunterston A was transferred to Magnox Electric - established to own and operate a proportion of the old Magnox nuclear stations of Nuclear Electric.[2][3][4] The assets of Magnox Electric were later combined with BNFL in 1998, and eventually operated and managed by US based EnergySolutions through its June 2007 acquisition of the BFNL subsidiary - Reactor Sites Management Company.[5]
The remaining two advanced 'AGR' nuclear plant assets of the company were combined with the assets of Nuclear Electric; and became a part of the newly formed and soon to be privatised British Energy (now EDF Energy).[1][6][7]
Through the breakup, both the companies - Scottish Nuclear and Nuclear Electric became defunct; but is still extant through a descendant company - EDF Energy.
See also
References
- ^ a b History of Nuclear Energy in UK
- ^ History of Hunterston A
- ^ The CEGB Story by Rob Cochrane (with additional research by Maryanna Schaefer) (1990)
- ^ Page 68 "Lessons from Liberalised Electricity Markets" IEA / OECD (2005)
- ^ BNFL sells Reactor Sites Management Company to EnergySolutions June 2007
- ^ "Merger creates nuclear giant". BBC.
- ^ Chronology: British Energy in bid talks
- Utilities of the United Kingdom
- Former nationalised industries of the United Kingdom
- Defunct power companies of the United Kingdom
- Nuclear power companies of the United Kingdom
- Companies of Scotland
- Energy in Scotland
- Companies disestablished in 1996
- Companies established in 1990
- 1990 establishments in Scotland