Scottish Power Ltd - Company Profile
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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, France, Ireland, and Germany.
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Business Segments
Overview
Operates three regulated electricity network businesses, which own and operate a network of electricity transportation cables and lines. In FY2022, the company’s capital expenditure for this segment stood at GBP623.7 million, which grew 2.6% YoY.
Performance
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Overview
Purchases electricity and gas from external suppliers for onward sale to customers. Optimizes gas storage facility and sells electricity from wind power purchase agreement on a wholesale basis to market participants in the UK. It also supplies electricity and gas to domestic and business customers across the UK. In FY2022, the company’s capital expenditure for this segment stood at GBP123.1 million, which decreased 27.9% YoY.
Performance
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Overview
Carries out origination, development, construction, and operation of renewable energy generation plants, essentially onshore and offshore wind. It also explores emerging renewable technologies and innovations such as battery storage. In FY2022, the company’s capital expenditure for this segment stood at GBP163.8 million, which decreased 19.2% YoY.
Performance
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