Scottish Power Ltd - Company Profile

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Scottish Power Ltd: Segment Analysis

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Business Description

Scottish Power Ltd (Scottish Power) generates, transmits, and distributes electricity, supplies gas, and provides energy management services. It also has a presence in the wind energy value chain creation and operations in the UK.

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Business Segments

Overview

The segment is responsible for supplying electricity and gas to over four million domestic and business customers throughout the UK. It also manages customer registration, billing, metering activities, smart solutions, and exposure to UK wholesale electricity and gas markets. In FY2024, the company’s capital expenditure for this segment stood at GBP168 million.

Performance

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Overview

Operates three regulated electricity network businesses, which own and operate a network of electricity transportation cables and lines. In FY2024, the company’s capital expenditure for this segment stood at GBP1,259 million.

Performance

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Overview

Focuses on renewable energy generation, primarily through offshore and onshore wind, with growing involvement in battery storage and solar. In FY2024, the company’s capital expenditure for this segment stood at GBP789 million.

Performance

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